Verizon EVP & Group CEO Kyle Malady Sells 1,100 Shares Under Rule 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) Action: Sold 1,100 shares @ $51.19/share Total Value: $56,309.00 Ownership Post-Transaction: 105,466 direct shares (plus 20,193 indirect via 401(k)) Details: Transaction executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on May 18, 2026.
Comprehensive Analysis
Executive Summary
On September 16, 2026, Kyle Malady, Executive Vice President and Group CEO of Verizon Business at Verizon Communications Inc ($VZ), filed a Form 4 reporting the open-market sale of 1,100 shares of common stock on September 15, 2026.
Transaction Details
- Security: Common Stock
- Transaction Code: S (Open Market Sale)
- Shares Sold: 1,100 shares
- Execution Price: $51.19 per share
- Gross Proceeds: $56,309.00
- Post-Transaction Holdings: 105,466 directly held shares and 20,193 indirectly held shares via 401(k)
Context & Significance
- Rule 10b5-1 Plan: The transaction was conducted pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on May 18, 2026, mitigating concerns regarding opportunistic timing or the use of non-public information.
- Significance: Low. The disposition represents less than 1% of the reporting person's direct equity holdings and carries minimal signaling value for institutional investors.
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Important Disclaimer
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