Verizon SVP and Controller Acquires Phantom Stock via Deferred Compensation Plan
VERIZON COMMUNICATIONS INC
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Filing Summary
Form 4 Filing: VERIZON COMMUNICATIONS INC ($VZ) • Insider: Mary-Lee Stillwell (SVP and Controller) • Transaction Date: September 10, 2026 • Type: Acquisition (Phantom Stock via Deferred Compensation Plan) • Shares: 40.997 @ $14.26 (~$584.62) • Post-Transaction Holdings: 17,143.887 phantom units (Indirect) • Significance: Low (Routine deferred compensation credit)
Comprehensive Analysis
Executive Summary
On September 11, 2026, Verizon Communications Inc. ($VZ) filed a Form 4 on behalf of SVP and Controller Mary-Lee Stillwell reporting an acquisition of phantom stock under the company's deferred compensation plan.
Transaction Details
- Security: Phantom Stock (unitized)
- Transaction Code: A (Acquisition/Award)
- Date of Transaction: September 10, 2026
- Quantity: 40.997 phantom units
- Price per Unit: $14.26
- Gross Value: ~$584.62
- Ownership Nature: Indirect (held through Deferred Compensation Plan)
- Ending Holdings: 17,143.887 phantom units
Context & Significance
This transaction represents a routine, small-scale acquisition of unitized phantom stock credited through a deferred compensation plan. Given the automated and nominal nature of the transaction (~$584.62), it does not indicate any discretionary market sentiment and carries low trading significance.
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Important Disclaimer
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