Skiadas Anthony T 4

What Happened Anthony T. Skiadas, EVP and Chief Financial Officer of Verizon Communications (VZ), was granted 120.397 shares of phantom stock (transaction code A) on 2026-03-12. The grant is recorded at $14.44 per phantom share, with a total economic value of approximately $1,739. This was a compensation award (not a market purchase or sale) and therefore is routine pay-related equity compensation rather than an immediate bullish purchase of common stock.

Key Details

• Transaction date: 2026-03-12; filing date: 2026-03-13 (timely filing).
• Grant: 120.397 phantom shares at $14.44 per share; total value ≈ $1,739.
• Transaction type: A (award/grant) of a derivative security (phantom stock), settled in cash.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — each phantom share is the economic equivalent of part of one common share and is payable in cash per the deferred compensation plan; F2 — amount includes phantom stock acquired via dividend reinvestment.

Context Phantom stock is a cash‑settled derivative tied to the company’s share value and is typically used for executive deferred compensation. Because this was an award under a compensation plan (not an open‑market buy), it should be viewed as part of remuneration rather than a direct insider purchase that signals immediate personal investment.