Verizon (VZ) EVP Kyle Malady Sells 1,100 Shares

What Happened
Kyle Malady, Executive Vice President and Group CEO — VZ Business at Verizon Communications, sold 1,100 shares of Verizon common stock in an open-market transaction on August 18, 2026. The shares were disposed at $48.68 per share for a total value of $53,548. The sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Malady on May 18, 2026.

Key Details

• Transaction date: 2026-08-18; Price: $48.68; Shares sold: 1,100; Total proceeds: $53,548.
• Transaction type/code: Open-market sale (S).
• Filing date / accession: Report filed 2026-08-19 (Accession 0001760581-26-000044) — timely (filed within the required reporting window).
• Footnote: Executed under a Rule 10b5-1 trading plan (adopted 2026-05-18).
• Shares owned after the transaction: not reported in the provided filing excerpt.

Context
A 10b5-1 plan indicates the sale was made under a pre-established trading arrangement, which can allow insiders to sell shares irrespective of any subsequent material nonpublic information. Sales are common and can be routine (e.g., for diversification or liquidity) and do not by themselves indicate management sentiment; purchases are often considered more informative about insider confidence.