Verizon EVP Kyle Malady Acquires Phantom Stock via Deferred Compensation Plan
VERIZON COMMUNICATIONS INC
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Filing Summary
Form 4 Alert: Verizon Communications Inc (VZ) • Insider: Kyle Malady (EVP and Group CEO-VZ Business) • Transaction: Acquired 123.236 shares of Phantom Stock (unitized) @ $14.11 • Total Value: $1,738.86 • Post-Transaction Holdings: 424,261.753 phantom shares • Nature: Indirect (By Deferred Compensation Plan) • Date of Transaction: 2026-08-27 • Significance: Low (Routine deferred compensation allocation)
Comprehensive Analysis
Insider Transaction Overview
On August 27, 2026, Kyle Malady, Executive Vice President and Group CEO of Verizon Business at Verizon Communications Inc ($VZ), acquired 123.236 units of unitized phantom stock at a price of $14.11 per unit, representing a total transaction value of approximately $1,738.86.
Transaction Structure & Plan Details
- Security: Phantom Stock (unitized), representing an economic equivalent settled in cash upon distribution events per the deferred compensation plan.
- Underlying Common Stock: 35 shares.
- Ownership Nature: Indirect through the company's Deferred Compensation Plan.
- Post-Transaction Total: 424,261.753 phantom stock units (including dividend reinvestments).
Market Significance
This transaction represents a routine, small-scale acquisition via the executive's deferred compensation plan. Given the standard administrative nature and minimal dollar amount, this filing carries Low trading significance and does not indicate an open-market directional sentiment.
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