Skiadas Anthony T 4

What Happened

• Anthony T. Skiadas, Executive Vice President and Chief Financial Officer of Verizon Communications (VZ), was granted 7,222.922 units of phantom stock on 2026-02-26. The filing reports a unit value of $13.95, totaling $100,760. This was an award (derivative grant), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-26; filing date: 2026-02-27 (appears timely).
• Transaction type/code: Award/Grant (A) of phantom stock — derivative, settled in cash.
• Amount: 7,222.922 phantom stock units at $13.95 each; total value reported $100,760.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: (F1) Each phantom share is the economic equivalent of a portion of a common share and is settled in cash when payable under the deferred compensation plan. (F2) Includes phantom stock acquired through dividend reinvestment.

Context

• Phantom stock is a cash-settled deferred compensation instrument that tracks the economic value of common shares but does not increase outstanding share count. Such awards are typically part of executive compensation and are not the same as a direct buy/sell in the market. This grant should be viewed as routine compensation rather than a direct bullish or bearish trading signal.