MO Form 4: Whitaker Withholds 10,331 Shares to Cover RSU Taxes
Rhea-AI Filing Summary
Charles N. Whitaker, SVP and Chief HR Officer & CCO of Altria Group, Inc. (MO), reported a withholding of 10,331 common shares on 08/21/2025 to satisfy taxes on the vesting of restricted stock units. The shares were valued at $67.58 each based on the 08/20/2025 closing price. After this disposition, Whitaker beneficially owns 177,296 shares in total, which includes 44,405 restricted stock units still outstanding. Separately, 983 shares are held indirectly in the Altria Deferred Profit-Sharing Plan. The Form 4 was signed on 08/25/2025.
Positive
- Reporting indicates routine tax withholding on RSU vesting, not an open-market sale
- Reporting person retains substantial equity: 177,296 shares beneficially owned including 44,405 RSUs
Negative
- 10,331 shares were disposed via withholding to cover taxes on vested RSUs
Insights
TL;DR: This filing records routine withholding to cover taxes on vested RSUs and leaves the reporting officer with substantial remaining holdings.
The transaction is reported as a disposition of 10,331 shares under Code F, which the explanatory note states were withheld to satisfy taxes on RSU vesting rather than an open-market sale. That distinction is material for governance review because tax-withholdings are common, non-discretionary actions tied to compensation events. Post-transaction beneficial ownership of 177,296 shares, including 44,405 RSUs, indicates continued alignment with shareholder interests. The filing is timely and properly signed.
TL;DR: The filing documents a compensation-related share withholding event; it does not indicate discretionary cashing out of equity by the officer.
The explanation clarifies the disposition resulted from tax withholding on vested restricted stock units, a routine payroll-related action. The use of the prior trading day's closing price ($67.58) for valuation is consistent with standard reporting practice. The remaining 44,405 RSUs and total beneficial ownership of 177,296 shares remain meaningful components of the officer's equity compensation profile. No derivative transactions or additional dispositions are reported.