Verizon EVP & CFO Acquires Phantom Stock Under Deferred Compensation Plan

Executive Summary

On October 23, 2026, Verizon Communications Inc. ($VZ) filed a Form 4 disclosing that Executive Vice President and Chief Financial Officer Anthony T. Skiadas acquired 134.656 units of unitized phantom stock on October 22, 2026. The transaction was valued at approximately $1,738.41 at $12.91 per unit and was executed indirectly through the company's Deferred Compensation Plan.

Transaction Details

• Security: Phantom Stock (unitized)
• Transaction Code: A (Acquisition pursuant to a plan/grant)
• Units Acquired: 134.656
• Unit Price: $12.91
• Total Transaction Value: $1,738.41
• Post-Transaction Holdings: 147,506.341 units (indirect via Deferred Compensation Plan)
• Underlying Equivalent Shares: 38 shares of Common Stock

Market & Trading Significance

This transaction has Low significance for market participants. The acquisition represents an automated or routine crediting of phantom stock within an executive deferred compensation plan rather than an open-market purchase or sale. It reflects normal administrative executive compensation activity and does not provide an actionable directional signal.