Verizon Consumer CEO Acquires Phantom Stock via Deferred Comp Plan
VERIZON COMMUNICATIONS INC
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Filing Summary
📊 Insider Transaction Report | Verizon Communications Inc ($VZ)
Insider: Alfonso Villanueva Rodriguez (EVP and Group CEO-VZ Consumer) Transaction Date: 2026-10-08 Type: Phantom Stock Acquisition (Code A) Shares Transacted: 131.364 Price per Share: $13.23 Total Value: $1,737.95 Ownership After: 7,599.208 shares (Indirect via Deferred Compensation Plan) Significance: Low
Comprehensive Analysis
Transaction Analysis
Overview: On October 8, 2026, Alfonso Villanueva Rodriguez, Executive Vice President and Group CEO of Verizon Consumer, acquired 131.364 units of unitized phantom stock at an unit price of $13.23, representing an aggregate value of approximately $1,738. The transaction was executed under the company's deferred compensation plan.
Details & Context:
- Security: Phantom Stock (unitized), economically equivalent to a portion of common stock shares and settled in cash.
- Nature of Holding: Indirect through a Deferred Compensation Plan.
- Post-Transaction Holdings: Total phantom stock balance stands at 7,599.208 units, which includes units previously credited through dividend reinvestments.
Market & Trading Significance: This transaction carries Low significance. It represents a routine, automated, or elective deferral into the company's non-qualified deferred compensation plan rather than an open-market purchase or discretionary open-market sale, providing limited directional signal for the underlying stock.
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