Verizon Communications EVP Kyle Malady Sells 1,100 Shares via 10b5-1 Plan

Transaction Overview

On October 20, 2026, Kyle Malady, EVP and Group CEO-VZ Business at Verizon Communications Inc. ($VZ), sold 1,100 shares of common stock at a price of $44.48 per share. The transaction generated total gross proceeds of approximately $48,928.00.

Key Context & Rule 10b5-1 Plan

• Trading Plan: According to the footnotes, the sale was carried out pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on May 18, 2026.
• Holdings Impact: Following this disposition, Kyle Malady retains direct beneficial ownership of 99,966 shares of Verizon common stock, alongside an indirect holding of 20,217 shares via a 401(k) plan. The 1,100 shares sold represent roughly 1% of his combined direct and indirect holdings.

Significance Assessment

The transaction is classified as Low Significance due to the modest dollar amount ($48,928), the small fraction of total holdings liquidated, and the fact that the trade was automated under a pre-scheduled Rule 10b5-1 trading plan.