Altria (NYSE: MO) director George Munoz settles 9,750 phantom units in cash

Rhea-AI Filing Summary

Altria Group, Inc. director George Munoz reported activity in deferred compensation tied to the company’s stock. On January 15, 2026, 9,750 phantom stock units were settled in cash under the Deferred Fee Plan for Non-Employee Directors at an amount based on an average Altria common stock price of $61.3925 per share equivalent. Phantom stock units track the value of Altria shares on a 1-for-1 basis but pay out in cash rather than stock.

After this cash settlement, Munoz continued to hold 14,549 phantom stock unit equivalents in the plan. He also directly beneficially owned 123,030 shares of Altria common stock, which include deferred shares and additional shares accumulated through reinvested dividends since the last reportable transaction on May 15, 2025.

Insider Trade Summary

9,750 shares exercised/converted

Mixed 2 txns

Insider MUNOZ GEORGE

Role Director

Type	Security	Shares	Price	Value
Exercise	Phantom Stock Units	9,750	$61.3925	$599K
holding	Common Stock	--	--	--

Holdings After Transaction: Phantom Stock Units — 14,549 shares (Direct); Common Stock — 123,030 shares (Direct)

Footnotes (1)

1. Includes 7,714 deferred shares held in the Stock Compensation Plan for Non-Employee Directors. The deferred share balance reflects (i) an increase of 1,502 shares acquired through the reinvestment of dividends on deferred shares and (ii) a decrease of 22,122 deferred shares distributed from the Stock Compensation Plan for Non-Employee Directors to one of the reporting person's investment accounts on a specified dated as elected by the participant; in each case, since May 15, 2025, the date of the last reportable transaction. Also includes 807 shares acquired through the reinvestment of dividends on shares held in investment accounts since May 15, 2025, the date of the last reportable transaction. 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 2019. 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. The average of the high and low price of Altria Group, Inc. common stock on January 15, 2026. Share equivalents held in the Deferred Fee Plan for Non-Employee Directors. This includes 1,222 share equivalents acquired through the reinvestment of dividends since May 15, 2025, the date of the last reportable transaction.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MUNOZ GEORGE

(Last) (First) (Middle)

6601 W BROAD ST

(Street)

RICHMOND VA 23230

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ALTRIA GROUP, INC. [ MO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								123,030	D(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock Units	(2)	01/15/2026		M			9,750(3)	(4)	(4)	Common Stock	9,750	$61.3925(5)	14,549(6)	D

Explanation of Responses:

1. Includes 7,714 deferred shares held in the Stock Compensation Plan for Non-Employee Directors. The deferred share balance reflects (i) an increase of 1,502 shares acquired through the reinvestment of dividends on deferred shares and (ii) a decrease of 22,122 deferred shares distributed from the Stock Compensation Plan for Non-Employee Directors to one of the reporting person's investment accounts on a specified dated as elected by the participant; in each case, since May 15, 2025, the date of the last reportable transaction. Also includes 807 shares acquired through the reinvestment of dividends on shares held in investment accounts since May 15, 2025, the date of the last reportable transaction.

2. Phantom stock units convert to the cash value of the issuer's common stock on a 1-for-1 basis.

3. These share equivalents are being settled in cash pursuant to the Deferred Fee Plan for Non-Employee Directors, as elected by the participant in 2019.

4. 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.

5. The average of the high and low price of Altria Group, Inc. common stock on January 15, 2026.

6. Share equivalents held in the Deferred Fee Plan for Non-Employee Directors. This includes 1,222 share equivalents acquired through the reinvestment of dividends since May 15, 2025, the date of the last reportable transaction.

Remarks:

	Mary C. Bigelow for George Munoz	01/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Altria (MO) director George Munoz report?

George Munoz reported the cash settlement of 9,750 phantom stock units on January 15, 2026 under Altria’s Deferred Fee Plan for Non-Employee Directors.

What are the phantom stock units mentioned in the Altria (MO) Form 4 for George Munoz?

The phantom stock units are deferred compensation that convert to the cash value of Altria common stock on a 1-for-1 basis, rather than delivering actual shares.

At what reference price were George Munoz’s Altria phantom units settled?

The cash settlement of the 9,750 phantom stock units was based on $61.3925 per share equivalent, the average of the high and low Altria common stock price on January 15, 2026.

How many Altria (MO) phantom stock units does George Munoz hold after this transaction?

Following the reported cash settlement, George Munoz beneficially owned 14,549 phantom stock unit equivalents in the Deferred Fee Plan for Non-Employee Directors.

How many Altria (MO) common shares does director George Munoz now own directly?

George Munoz directly beneficially owned 123,030 shares of Altria common stock, including deferred shares and shares acquired through dividend reinvestment since May 15, 2025.

Were George Munoz’s Altria phantom stock units settled in stock or cash?

The 9,750 phantom stock units and related share equivalents described for George Munoz are settled in cash under the Deferred Fee Plan for Non-Employee Directors.