Verizon Communications CFO Acquires Phantom Stock via Deferred Compensation Plan
VERIZON COMMUNICATIONS INC
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Filing Summary
š Form 4 Filing: VERIZON COMMUNICATIONS INC ($VZ) š¤ Insider: Anthony T Skiadas (EVP and CFO) š Transaction Date: 2026-08-27
Details:
- Security: Phantom Stock (unitized)
- Type: Acquisition (Deferred Comp Plan)
- Shares: 123.236 @ $14.11
- Total Value: ~$1,738.86
- Post-Transaction Holdings: 146,989.715 units
Significance: Low (Routine deferred compensation credit)
Comprehensive Analysis
Executive Summary
On August 31, 2026, Verizon Communications Inc. ($VZ) filed a Form 4 on behalf of Anthony T. Skiadas, Executive Vice President and Chief Financial Officer. The filing details an acquisition of unitized phantom stock through the company's Deferred Compensation Plan.
Transaction Breakdown
- Transaction Date: August 27, 2026
- Security: Phantom Stock (unitized)
- Transaction Code:
A(Acquisition via plan/award) - Units Acquired: 123.236 units
- Price per Unit: $14.11
- Total Transaction Value: $1,738.86
- Underlying Equivalent Shares: 35 shares of Common Stock
- Ending Holdings: 146,989.715 phantom stock units (held indirectly by Deferred Compensation Plan)
Market and Sentiment Impact
This transaction represents a routine allocation under an executive deferred compensation plan rather than an open-market discretionary trade. Given the modest transaction amount ($1,738.86) and programmatic nature, it carries Low trading significance and provides neutral directional signal for investors.
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