Verizon EVP & Group CEO Sells $55.5K in Shares Under 10b5-1 Plan
VERIZON COMMUNICATIONS INC
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Filing Summary
Insider Sale Alert: Verizon Communications Inc (VZ)
Insider: Kyle Malady (EVP and Group CEO-VZ Business) Transaction: Sold 1,100 shares of Common Stock at $50.50 per share (~$55,550 total value). Post-Transaction Holdings: 107,666 direct shares (plus 20,196 indirect via 401(k)). Plan Details: Executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on May 18, 2026. Significance: Low
Comprehensive Analysis
Insider Trading Summary: Verizon Communications Inc (NYSE: VZ)
Executive Overview
On September 1, 2026, Kyle Malady, Executive Vice President and Group CEO of Verizon Business, executed a sale of 1,100 shares of Verizon Communications Inc. common stock at an average price of $50.50 per share, resulting in gross proceeds of $55,550.00.
Key Filing Details
- Filing Date: September 2, 2026
- Transaction Date: September 1, 2026
- Shares Sold: 1,100 shares
- Execution Price: $50.50
- Total Transaction Value: $55,550.00
- Post-Transaction Direct Ownership: 107,666 shares
- Indirect Ownership: 20,196 shares held in 401(k)
- Rule 10b5-1 Plan: Yes; the trade was conducted under a Rule 10b5-1 plan established on May 18, 2026.
Market & Sentiment Assessment
This transaction is categorized as Low Significance. The sale represents less than 1% of Malady's direct equity holdings and was executed under a standard, pre-scheduled Rule 10b5-1 trading plan. Consequently, it does not indicate any shift in insider sentiment regarding the company's operational performance or valuation outlook.
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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.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.