Form 4: Altria Group EVP and COO Jody L. Begley Reports Acquisition of 24,924 Shares
SEC Form 4 Filing
Jody L. Begley, EVP and COO of Altria Group, reports acquiring 24,924 shares of common stock on February 26, 2025, along with holding 291,328 shares directly and 50,779 shares indirectly through the Deferred Profit-Sharing Plan.
Summary
- On February 26, 2025, Jody L. Begley, the EVP and COO of Altria Group, acquired 24,924 shares of Altria Group's common stock.
- These shares were acquired at a price of $0.
- Following the transaction, Begley directly owns 291,328 shares of common stock, including 134,622 Restricted Stock Units.
- Begley also indirectly owns 50,779 shares through the Altria Deferred Profit-Sharing Plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by an executive is generally seen as a positive sign, but it's a routine filing and doesn't necessarily indicate a major shift in the company's outlook.
Positives
- The acquisition of shares by a high-ranking executive could be interpreted as a positive signal about the executive's confidence in the company's future prospects.
Industry Context
Executive stock acquisitions are common and closely watched as indicators of management's sentiment regarding the company's performance and future.
Stakeholder Impact
- The stock acquisition by a high-ranking executive could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of transaction: Jody L. Begley acquired shares of Altria Group common stock. |
| 02/28/2025 | Date of signature for the Form 4 filing. |
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