VERIZON COMMUNICATIONS INC·4

Mar 30, 12:23 PM ET

Skiadas Anthony T 4

Research Summary

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Verizon (VZ) CFO Anthony Skiadas Receives Phantom Stock Award

What Happened

  • Anthony T. Skiadas, Executive Vice President and Chief Financial Officer of Verizon Communications Inc., was granted 120.141 phantom shares (a derivative award) on March 26, 2026. The award is reported at a notional price of $14.47 per unit, totaling approximately $1,738. This was an award/grant (code A) — not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-03-26; Filing date: 2026-03-30 (appears timely).
  • Amount: 120.141 phantom shares at $14.47 each; total reported value ≈ $1,738.
  • Shares/ownership after transaction: not specified in the filing.
  • Footnotes: (F1) Each phantom share is an economic equivalent to a portion of a common share and is settled in cash under the deferred compensation plan; payments become due per elections/events under that plan. (F2) Includes phantom stock acquired through dividend reinvestment.
  • Exhibit: Exhibit 24 (Power of Attorney) attached.

Context

  • This is a derivative, cash-settled deferred-compensation award (phantom stock) rather than issuance of actual Verizon common stock. Such grants are typically part of compensation or deferred-pay arrangements and do not necessarily indicate immediate buying/selling activity in the market.

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