Verizon EVP Kyle Malady Acquires Phantom Stock Units via Deferred Comp Plan

Verizon Communications Inc. ($VZ) Form 4 Insider Filing Analysis

Summary

On October 22, 2026, Kyle Malady, Executive Vice President and Group CEO of Verizon Business, acquired 134.656 units of unitized phantom stock through Verizon's Deferred Compensation Plan at an effective price of $12.91 per unit, representing a total value of approximately $1,738.41.

Key Details

• Insider: Kyle Malady
• Role: EVP and Group CEO-VZ Business
• Transaction Code: A (Grant, award, or other acquisition)
• Security: Phantom Stock (unitized) (settled in cash based on common stock value)
• Shares/Units Acquired: 134.656
• Price per Unit: $12.91
• Total Transaction Value: $1,738.41
• Post-Transaction Holdings: 424,778.379 phantom stock units held indirectly through the Deferred Compensation Plan

Significance Assessment

This transaction carries Low trading significance. It reflects an automated or routine deferred compensation crediting event rather than an open-market purchase or discretionary directional trade. Such transactions are standard administrative compensation allocations and provide no material signal regarding executive sentiment or business trajectory.