Verizon SVP & Controller Mary-Lee Stillwell 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: Stillwell Mary-Lee (SVP and Controller) š Transaction Date: 2026-08-27 š¼ Transaction: Acquired 41.442 units of Phantom Stock @ $14.11 (~$584.75) š Post-Transaction Holdings: 17,102.89 phantom stock units (Indirect / Deferred Comp Plan) š Significance: Low (Routine deferred compensation plan acquisition)
Comprehensive Analysis
Insider Transaction Overview
On August 27, 2026, Mary-Lee Stillwell, Senior Vice President and Controller of Verizon Communications Inc ($VZ), acquired 41.442 units of unitized phantom stock at an effective price of $14.11 per unit, representing a total value of approximately $584.75.
Transaction Details
- Security Type: Phantom Stock (unitized), representing underlying common stock economically settled in cash.
- Transaction Code:
A(Grant, award, or other acquisition pursuant to an employee benefit/compensation plan). - Ownership Structure: Held indirectly through the Verizon Deferred Compensation Plan.
- Ending Balance: Following the transaction, Stillwell holds 17,102.89 phantom stock units indirectly under the plan (which includes units acquired through dividend reinvestment).
Market and Trading Impact
- Trading Significance: Low. This transaction represents a routine, small-scale non-open-market credit under Verizon's deferred compensation plan. It does not reflect discretionary open-market buying or selling and carries minimal predictive signaling for the stock.
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