Begley Jody L 4
4 · ALTRIA GROUP, INC. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Altria (MO) EVP/COO Jody Begley Receives Award; Shares Withheld
What Happened
- Jody L. Begley, Executive Vice President and COO of Altria Group, received 17,166 shares on February 26, 2026 upon vesting of performance stock units (PSUs). The award is reported as an acquisition (code A) with $0 per-share purchase price (an award).
- On the same date, 17,439 shares were disposed (code F) to satisfy tax withholding obligations at a per-share price of $69.70, totaling $1,215,498. The filing shows the withholding was used to cover taxes tied to the vesting of PSUs and restricted stock units (RSUs).
Key Details
- Transaction date: February 26, 2026; Form 4 filed March 2, 2026 (reporting period 2026-02-26).
- Award: 17,166 shares acquired (vested PSUs originally granted Feb 27, 2023).
- Withholding/tax disposition: 17,439 shares withheld at $69.70 = $1,215,498 (uses closing price on Feb 25, 2026).
- Footnotes: Vesting from PSUs (F1); shares withheld to satisfy taxes on PSUs and RSUs (F2); closing price reference (F3); filing notes total holdings include 103,903 RSUs (F4); some shares held in Altria Deferred Profit-Sharing Plan (F5).
- Shares owned after the transactions are not explicitly listed in the summary extract.
Context
- This was a standard equity award vesting and tax-withholding transaction, not an open-market purchase or a discretionary sale. The acquisition reflects compensation (PSU vesting); the disposal represents shares withheld to satisfy tax obligations (a common practice).
- Code guidance: A = award/acquisition; F = tax withholding/settlement. Such withholding transactions typically do not by themselves indicate an insider’s buy/sell sentiment.
Insider Transaction Report
Form 4
Begley Jody L
EVP and COO
Transactions
- Award
Common Stock
[F1]2026-02-26+17,166→ 330,393 total - Tax Payment
Common Stock
[F2][F3][F4]2026-02-26$69.70/sh−17,439$1,215,498→ 312,954 total
Holdings
- 50,779(indirect: DPS)
Common Stock
[F5]
Footnotes (5)
- [F1]Shares of common stock received upon vesting of Performance Stock Units granted on February 27, 2023.
- [F2]Shares withheld to satisfy taxes on the vesting of Performance Stock Units and Restricted Stock Units.
- [F3]The closing price of Altria Group, Inc. common stock on February 25, 2026, the last trading day immediately preceding the shares vesting.
- [F4]Total includes 103,903 Restricted Stock Units.
- [F5]Shares held in the Altria Deferred Profit-Sharing Plan.
Signature
Mary C. Bigelow for Jody L. Begley|2026-03-02