Verizon EVP & Group CEO Kyle Malady Sells $47.3K in Stock Under 10b5-1 Plan
VERIZON COMMUNICATIONS INC
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Filing Summary
Insider Sale Alert: VERIZON COMMUNICATIONS INC ($VZ) Insider: Kyle Malady (EVP and Group CEO-VZ Business) Transaction: Disposed of 1,100 shares of Common Stock at $43.00/share ($47,300 total value) Post-Transaction Holdings: 98,866 direct shares (plus 20,219 indirect shares via 401(k)) Details: Executed under a pre-established Rule 10b5-1 trading plan adopted on May 18, 2026.
Comprehensive Analysis
Insider Transaction Overview
On October 27, 2026, Kyle Malady, Executive Vice President and Group CEO of Verizon Business, executed a routine sale of 1,100 shares of Verizon Communications Inc. ($VZ) common stock at a price of $43.00 per share, totaling $47,300 in transaction proceeds.
Key Transaction Highlights
- Transaction Size: 1,100 shares for $47,300.
- Remaining Holdings: 98,866 shares held directly, in addition to 20,219 shares held indirectly via a 401(k) plan, totaling 119,085 shares.
- Portfolio Impact: The sale represents less than 1% of Malady's total reported beneficial ownership.
- Pre-Scheduled Plan: The transaction was conducted in accordance with a Rule 10b5-1 trading plan adopted on May 18, 2026.
Trading Significance
The trading significance of this transaction is classified as Low. The disposition represents a very minor fraction of the insider's total equity holdings and was executed systematically under an established Rule 10b5-1 trading plan, indicating no deviation from routine portfolio management.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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