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Home / Trades / #361393

MUNOZ GEORGE sold MO

February 15, 2024 · Form 4 insider transaction

MUNOZ GEORGE sold 1,787 shares of Altria Group, Inc. at $40.32 per share, a transaction worth $72.1K. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 5 days after the transaction.

Direction
Disposed (sell-side)
Shares
1,787
Price
$40.32
Total value
$72.1K
InsiderMUNOZ GEORGE
RoleDirector
CompanyAltria Group, Inc. (MO)
SecurityPhantom Stock Units
Transaction codeM — Option exercise
Transaction dateFebruary 15, 2024
Filing dateFebruary 20, 2024
Shares owned after22,672
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

Phantom stock units convert to the cash value of the issuer's common stock on a 1-for-1 basis.; 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.; The average of the high and low price of Altria Group, Inc. common stock on February 15, 2024.; 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.; 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.

View the original Form 4 on SEC EDGAR