Form 4: Altria Group Director, Robert Matthews Davis, Reports Acquisition of Shares
SEC Form 4 Filing
Director Robert Matthews Davis reported acquiring 3,800 shares of Altria Group, Inc. common stock on May 16, 2024, under the 2015 Stock Compensation Plan for Non-Employee Directors.
Summary
- On May 16, 2024, Robert Matthews Davis, a director of Altria Group, Inc., acquired 3,800 shares of common stock.
- The acquisition was made under the 2015 Stock Compensation Plan for Non-Employee Directors.
- The price per share was $0.
- Following the transaction, Davis directly owns 12,273 shares of Altria Group, Inc.
- Davis also indirectly owns 178 shares through his wife.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Positives
- The acquisition of shares by a director may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of transaction: Acquisition of 3,800 shares of Altria Group, Inc. common stock. |
| 05/20/2024 | Date of signature on the report. |
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