George Munoz - 15 Feb 2024 Form 4 Insider Report for ALTRIA GROUP, INC. (MO)

Role
Director
Signature
W. Hildebrandt Surgner, Jr. for George Munoz
Issuer symbol
MO
Transactions as of
15 Feb 2024
Net transactions value
-$72,052
Form type
4
Filing time
20 Feb 2024, 15:08:06 UTC
Previous filing
05 Jun 2023
Next filing
20 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MO Common Stock 109,966 15 Feb 2024 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 Options Exercise $72,052 -1,787 -7.3% $40.32 22,672 15 Feb 2024 Common Stock 1,787 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 reflects an increase of 3,638 shares acquired through the reinvestment of dividends on deferred shares and other beneficially owned shares in investment accounts since June 1, 2023, the date of the last reportable transaction. Total includes 19,014 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 These share equivalents are being settled in cash pursuant to the Deferred Fee Plan for Non-Employee Directors, as elected by the participant in 2008.
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 February 15, 2024.
F6 Share equivalents held in the Deferred Fee Plan for Non-Employee Directors. This includes an increase of 1,570 share equivalents acquired through the reinvestment of dividends since June 1, 2023, the date of the last reportable transaction.