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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