Skiadas Anthony T 4

What Happened

• Anthony T. Skiadas, Executive Vice President and Chief Financial Officer of Verizon Communications Inc. (VZ), was granted 152.942 units of phantom stock (a derivative award) on 2026-01-29. The filing reports an acquisition value based on $11.37 per unit, totaling approximately $1,739. This was an award/grant (not an open‑market buy or sale).

Key Details

• Transaction date: 2026-01-29; Filing date: 2026-01-30 (timely filing).
• Grant details: 152.942 phantom stock units at $11.37 per unit; total value ≈ $1,739.
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Footnotes: (1) Each phantom share is economically equivalent to a portion of one common share and is settled in cash; payable upon events designated under the deferred compensation plan. (2) The amount includes phantom stock acquired through dividend reinvestment.
• Nature of transaction: Derivative award (code A) — not a purchase of actual common stock and no immediate sale reported.

Context

• Phantom stock is a cash‑settled deferred compensation award that tracks the economic value of company stock; it does not transfer voting shares. Such grants are common as part of executive compensation and should be viewed as compensation rather than a direct bullish or bearish trade signal.