ALTRIA GROUP, INC.
For the period ended May 14, 2026. Filed Apr 2, 2026.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
May 14, 2026 · Filed Apr 2, 2026
MO$76.12-1.9%Stored close · as of Nov 6, 2026
Contents
2025 Executive Compensation Program Elements
Annual Compensation
The table below summarizes the elements and objectives of the 2025 executive compensation program for our NEOs.
| SalaryFixed cash compensation based on role at Altria. | | ■Provide financial stability■Recognize individual role, experience, responsibility and performance |
|---|---|---|
| Annual Incentive AwardsCash-based incentive plan based on performance during the plan year. | | ■Recognize annual company financial and strategic performance after it is delivered■Recognize annual individual performance after it is delivered |
Long-Term Incentive Compensation
| Equity AwardsAnnual RSU and PSU awards based on prior year’s individual performance and factors such as potential for advancement, retention and role criticality, vesting after a three-year period. PSU payout amount tied to performance against three-year target company financial performance measures. | | ■Align NEOs’ interests with shareholders through company performance and build stock ownership■Recognize individual performance after it is delivered and potential for advancement■Retain talented leaders |
|---|---|---|
| Long-Term Incentive PlanCash-based performance incentive plan based on performance against three-year financial and strategic goals. | | ■Align NEOs’ interests with shareholders■Recognize long-term company financial and strategic performance after it is delivered■Retain talented leaders |
Post-Termination Benefits and Change in Control Payments
| Defined Benefit PlansRetirement plans providing for the continuation of a portion of compensation upon retirement or separation from service. Generally, only employees hired prior to January 1, 2008 are eligible. | | ■Provide opportunity for financial security in retirement■Retain talented leaders |
|---|---|---|
| Defined Contribution PlansAnnual cash contribution based on a formula related to adjusted diluted EPS growth and, for employees not participating in a defined benefit plan, a supplemental contribution and matching contributions. Includes an Altria stock investment option. | | ■Provide opportunity for financial security in retirement■Provide additional opportunity to build stock ownership |
44 Altria Group, Inc. – 2026 Proxy Statement
| Summary | | Governance | | Proposal 1 | | Audit Matters | | Proposal 2 | | Compensation | | Proposal 3 | | Ownership | | Q&A | | Exhibit A |
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| Change in Control PaymentsPayments to executives in connection with a defined change in the ownership of Altria. Change in control provisions are contained in our 2020 PIP and 2025 PIP, which also include provisions for double-trigger and no excise tax gross-up. | | ■Allow NEOs to focus on delivering shareholder value in a period of uncertainty, such as a higher likelihood of job loss after a potential transaction■Allow NEOs to receive awards granted for periods of performance before a change in control |
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| Termination PaymentsFor certain types of involuntary separations (excluding misconduct), potential for severance benefits (including continuation of salary and medical coverage based on years of service). Our NEOs are eligible for the same severance benefits as our other salaried employees. | | ■Provide opportunity for protection upon an unexpected event |
Perquisites
| For the CEO and CFO, online personal data removal and, for the CEO only and subject to an annual allowance, personal use of company aircraft. | | ■Mitigate the risk of social engineering cyber-attacks and provide personal security |
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Other Benefits
| Medical coverage, group life insurance and other welfare benefits generally available to all salaried employees. | | ■Promote health and financial security |
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.