Altria Group, Inc.
Altria Group Announces Temporary Trading Blackout Period for Employee Benefit Plans
Summary
On May 28, 2025, Altria Group, Inc. announced a temporary suspension of trading under its Deferred Profit-Sharing Plans for Salaried and Hourly Employees due to a transition of trustee services from State Street Bank to Fidelity Management Trust Company. This blackout period, which begins at 4:00 p.m. Eastern Time on July 10, 2025, and ends during the week of July 13, 2025, will restrict participants from directing or diversifying investments and obtaining loans, withdrawals, or distributions from their accounts. Additionally, directors and executive officers are prohibited from trading the company's common stock during this period under Regulation BTR. A notice detailing these restrictions was provided to directors and executive officers on June 3, 2025.
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About Altria Group, Inc.
Altria Group, Inc. is a holding company with a primary focus on the manufacture and sale of cigarettes and related products. Serving as a leading player in the tobacco industry, Altria is best known for its premium cigarette brand, Marlboro, which holds a significant market share in the United States. Beyond cigarettes, the company has established a diversified portfolio by investing in smokeless tobacco products, wine via its subsidiary Ste. Michelle Wine Estates, and a stake in the cannabis market through its investment in Cronos Group. Altria's strategic expansions into non-cigarette categories reflect its aim to navigate changing consumer preferences and regulatory landscapes. As one of the foremost publicly traded entities in its sector, Altria plays a significant role in the broader consumer goods market. The company continues to engage with shifting market dynamics by fostering innovation in reduced-risk products while maintaining its strong presence in traditional tobacco markets.
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