George Munoz - Jun 1, 2023 Form 4 Insider Report for ALTRIA GROUP, INC. (MO)

Role
Director
Signature
W. Hildebrandt Surgner, Jr. for George Munoz
Stock symbol
MO
Transactions as of
Jun 1, 2023
Transactions value $
$140,603
Form type
4
Date filed
6/5/2023, 03:19 PM
Previous filing
May 26, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MO Common Stock 106K Jun 1, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MO Phantom Stock Units Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $141K +3.15K +15.95% $44.65 22.9K Jun 1, 2023 Common Stock 3.15K Direct F2, F3, F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Total includes 17,794 deferred shares held under the Stock Compensation Plan for Non-Employee Directors.
F2 Phantom stock units convert to the cash value of the issuer's common stock on a 1-for-1 basis.
F3 Phantom stock units acquired in the Deferred Fee Plan for Non-Employee Directors (the "Plan") as a result of the participant's election on May 1, 2023 to transfer the investment value of certain assets held within the Plan into Altria Group, Inc. common stock due to the removal of those assets from the Plan. The shares were transferred on June 1, 2023 pursuant to the May 1, 2023 election.
F4 The participant will receive distributions of phantom stock units in cash either prior to or following termination of service as a member of the issuer's board of directors, as elected by the participant.
F5 The average of the high and low price of Altria Group, Inc. common stock on June 1, 2023.
F6 Share equivalents held in the Plan.