Whitaker Charles N. 4
4 · ALTRIA GROUP, INC. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Altria (MO) SVP Charles Whitaker Receives Award; Shares Withheld
What Happened
Charles N. Whitaker, Senior Vice President, Chief HR Officer & Chief Compliance Officer at Altria Group (MO), received 9,711 shares upon the vesting of performance stock units (PSUs) on Feb 26, 2026 (transaction code A). To satisfy tax withholding obligations (transaction code F), 8,932 of those shares were withheld at an effective price of $69.70, reported as a disposition valued at $622,560. Using the Feb 25 closing price ($69.70), the 9,711 vested shares had an approximate market value of $676,857, leaving a net gain from this vesting of about 779 shares retained by Whitaker.
Key Details
- Transaction date: Feb 26, 2026; Form filed Mar 2, 2026 (reporting period 2026-02-26).
- Award: 9,711 shares acquired upon PSU vesting (code A) at $0.00 purchase price (vested award).
- Withholding: 8,932 shares withheld to cover taxes (code F) at $69.70 = $622,560.
- Net shares retained from this vesting: 9,711 − 8,932 = 779 shares.
- Footnotes from the filing:
- F1: Shares received from PSU vesting (granted Feb 27, 2023).
- F2: Shares were withheld to satisfy taxes on vesting of PSUs and Restricted Stock Units (RSUs).
- F3: $69.70 is the Altria closing price on Feb 25, 2026 (used for value).
- F4: Form notes totals include 60,552 Restricted Stock Units.
- F5: Some shares are held in the Altria Deferred Profit-Sharing Plan.
- The withheld shares were used for tax obligations (not an open-market sale).
Context
This filing reflects routine equity compensation vesting and standard tax-withholding treatment—not an open-market sale or discretionary purchase. Awards and withholding are common for executives when PSUs/RSUs vest; they do not necessarily signal a change in the insider’s market view. The report shows the mechanics (award + withholding) rather than a cash purchase or sale.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-26+9,711→ 217,709 total - Tax Payment
Common Stock
[F2][F3][F4]2026-02-26$69.70/sh−8,932$622,560→ 208,777 total
- 1,017(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 60,552 Restricted Stock Units.
- [F5]Shares held in the Altria Deferred Profit-Sharing Plan.