MO.NYSEAltria Group, INC

Form 4: Altria Group EVP & CFO Salvatore Mancuso Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4

📋All filings for Altria Group, INC
🔒Login to Follow

Salvatore Mancuso, EVP & CFO of Altria Group, reports acquisition and disposal of company stock related to vesting of stock units and tax obligations.

Summary

  • On February 27, 2025, Salvatore Mancuso, EVP & CFO of Altria Group, reported changes in beneficial ownership of Altria Group, Inc. stock.
  • Mancuso acquired 15,144 shares of common stock upon vesting of Performance Stock Units granted on February 24, 2022, at a price of $0.
  • He also disposed of 15,361 shares to satisfy tax obligations related to the vesting of Performance Stock Units and Restricted Stock Units at a price of $54.85.
  • Following these transactions, Mancuso directly owns 270,614 shares of common stock and indirectly owns 5,370 shares through the Altria Deferred Profit-Sharing Plan.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

  • The transactions have a minimal direct impact on shareholders, employees, customers, suppliers, and creditors.

Key Dates

DateDescription
February 24, 2022Date of grant for Performance Stock Units that vested.
February 26, 2025The closing price of Altria Group, Inc. common stock on this day was $54.85.
February 27, 2025Date of the reported transactions (acquisition and disposal of shares).
March 03, 2025Date of signature for the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.