Verizon EVP Kyle Malady Sells Shares Under Rule 10b5-1 Plan

Insider Filing Analysis: VERIZON COMMUNICATIONS INC ($VZ)

Summary

On November 4, 2026, Verizon Communications Inc. reported an insider transaction by Kyle Malady, EVP and Group CEO - VZ Business. On November 3, 2026, Mr. Malady sold 1,100 shares of common stock at $44.79 per share, resulting in gross proceeds of approximately $49,269.

Transaction Details

• Security: Common Stock
• Transaction Code: S (Open-market sale)
• Shares Sold: 1,100 shares
• Execution Price: $44.79
• Total Transaction Value: $49,269
• Rule 10b5-1 Plan: Yes; executed pursuant to a 10b5-1 trading plan adopted on May 18, 2026.

Holdings Impact

• Direct Ownership After Transaction: 97,766 shares
• Indirect Ownership (401(k)): 20,530 shares
• Total Retained Ownership: 118,296 shares
• The transaction represents a reduction of approximately 1.1% of his directly owned holdings (and less than 1% of his combined direct and indirect holdings).

Market & Trading Significance

This trade is classified as Low Significance. The transaction volume and total monetary value are small relative to Mr. Malady's remaining equity position in the company. Additionally, the trade was conducted systematically under an existing Rule 10b5-1 trading plan established several months prior, indicating standard routine portfolio management rather than a discretionary market-timing action.