Verizon Communications EVP Kyle Malady Sells 1,100 Shares Under Rule 10b5-1 Plan
VERIZON COMMUNICATIONS INC
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Filing Summary
Insider Sale: Verizon Communications Inc (VZ)
Insider: Kyle Malady (EVP and Group CEO-VZ Business) Action: Sold 1,100 shares of Common Stock at $42.93 per share Total Value: $47,223.00 Shares Held Post-Transaction: 101,066 direct (plus 20,220 indirect via 401(k)) Details: Executed under a pre-scheduled Rule 10b5-1 plan established on May 18, 2026.
Comprehensive Analysis
Executive Insider Transaction Overview
On October 13, 2026, Kyle Malady, Executive Vice President and Group CEO of Verizon Business at Verizon Communications Inc ($VZ), sold 1,100 shares of Common Stock at an execution price of $42.93 per share, generating total proceeds of $47,223.00.
Key Points:
- Transaction Nature: Open market sale (Code:
S). - 10b5-1 Plan Execution: The transaction was pre-arranged pursuant to a Rule 10b5-1 trading plan adopted on May 18, 2026, mitigating concerns regarding discretionary trading based on material non-public information.
- Remaining Holdings: Following the transaction, Kyle Malady directly holds 101,066 shares of Verizon Common Stock, alongside 20,220 shares held indirectly through a 401(k) plan.
- Significance: Low. The shares sold represent roughly 1% of the insider's direct position, making it a routine, scheduled sale with negligible impact on overall insider alignment.
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