Form 4: Altria Group Executive Charles N. Whitaker Reports Sale of Shares

Sentiment:

SEC Form 4 Filing


Charles N. Whitaker, a Senior VP at Altria Group, reported selling 22,487 shares of common stock on May 2, 2024.

Summary

  • Charles N. Whitaker, a Senior VP, Chief HR Officer, and CCO of Altria Group, Inc., filed a Form 4.
  • On May 2, 2024, Whitaker sold 22,487 shares of Altria Group common stock at a weighted average price of $43.9525 per share.
  • The sales occurred in multiple transactions with prices ranging from $43.9446 to $43.971.
  • Following the reported transaction, Whitaker beneficially owns 173,485 shares of Altria Group common stock, including 67,957 Restricted Stock Units.
  • Whitaker also indirectly owns 894 shares through the Altria Deferred Profit-Sharing Plan.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the trading activities of insiders.

Stakeholder Impact

  • The stock sale may have a minor impact on shareholders due to the increased supply of shares in the market.

Key Dates

DateDescription
05/02/2024Date of stock sale transaction
05/06/2024Date of 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.