Form 4: Altria Group Executive Steve D'Ambrosia Reports Acquisition of Shares and Restricted Stock Units

Altria Group's Vice President & Controller, Steve D'Ambrosia, reports acquiring shares and restricted stock units, along with adjustments to his beneficial ownership.

Summary

• On February 27, 2024, Steve D'Ambrosia, Vice President & Controller of Altria Group, Inc., reported transactions involving Altria's common stock.
• D'Ambrosia acquired 4,123 shares of common stock at $0, which were Restricted Stock Units awarded in accordance with the terms of the Issuer's equity compensation plans.
• Following the reported transactions, D'Ambrosia directly owns 22,696 shares, which includes 12,509 Restricted Stock Units and 5,765 shares held jointly with his wife.
• He also indirectly owns 8,361 shares through the Altria Deferred Profit-Sharing Plan and 7,450 shares held by his wife.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard regulatory filing detailing stock transactions. It doesn't inherently indicate positive or negative performance.

Positives

• The acquisition of Restricted Stock Units aligns D'Ambrosia's interests with the company's performance and shareholder value.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions, which can influence investor confidence.

Key Dates