Verizon Communications CEO Acquires Phantom Stock via Deferred Compensation Plan
VERIZON COMMUNICATIONS INC
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Filing Summary
Insider Filing Alert: VERIZON COMMUNICATIONS INC ($VZ)
• Insider: Daniel H. Schulman (CEO, Director)
• Type: Phantom Stock Acquisition (Deferred Compensation Plan)
• Quantity: 188.671 units (54 underlying shares)
• Price: $14.11 / unit ($2,662 total value)
• Post-Transaction Holdings: 9,222.315 units
• Filing Date: 2026-08-31
Comprehensive Analysis
Insider Transaction Summary
Executive & Issuer Overview: Daniel H. Schulman, CEO and Director of Verizon Communications Inc. ($VZ), reported an acquisition of phantom stock units under the company's Deferred Compensation Plan.
Transaction Breakdown:
- Security: Phantom Stock (unitized)
- Transaction Code:
A(Grant, award, or other acquisition) - Transaction Date: August 27, 2026
- Units Acquired: 188.671 units (representing approximately 54 shares of Common Stock)
- Price per Unit: $14.11
- Total Transaction Value: ~$2,662.15
- Post-Transaction Holdings: 9,222.315 units (held indirectly through the Deferred Compensation Plan, which includes acquisitions via dividend reinvestment)
Market & Strategic Assessment: This transaction represents routine deferred compensation plan activity rather than an open-market purchase or sale. Because it reflects scheduled or automatic deferrals settled in cash upon future distribution events, it carries low predictive signal for the broader market.
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