Verizon EVP & CFO Acquires Phantom Stock via Deferred Compensation Plan
VERIZON COMMUNICATIONS INC
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Filing Summary
📊 Insider Acquisition Alert: VERIZON COMMUNICATIONS INC ($VZ) Insider: Anthony T. Skiadas (EVP and CFO) Transaction: Acquisition of 131.364 shares of Phantom Stock (unitized) at $13.23/share Total Value: $1,737.95 Ownership After: 147,371.685 shares (Indirect - Deferred Compensation Plan) Date of Transaction: 2026-10-08 Significance: Low (Routine deferred compensation plan allocation)
Comprehensive Analysis
Executive Summary
On October 8, 2026, Anthony T. Skiadas, Executive Vice President and Chief Financial Officer of Verizon Communications Inc. ($VZ), acquired 131.364 units of unitized phantom stock at an acquisition price of $13.23 per share, representing a total transaction value of approximately $1,737.95.
Transaction Breakdown
- Security: Phantom Stock (unitized), settled in cash upon events specified under the company's deferred compensation plan.
- Transaction Code: 'A' (Grant, award, or other acquisition).
- Nature of Ownership: Indirect, held through a Deferred Compensation Plan.
- Post-Transaction Holdings: 147,371.685 phantom stock units (including units acquired through dividend reinvestment).
Market and Trading Context
This transaction represents an automatic or routine credit under Verizon's deferred compensation arrangement rather than an open-market purchase or discretionary shift in personal equity exposure. Due to the routine administrative nature and minimal dollar amount, this filing carries low significance for market participants.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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