4Accepted Sep 30, 2:03 PM ET
Verizon (VZ) EVP Kyle Malady Sells 1,100 Shares
Accepted (ET)
2:03 PM
Sep 30, 2026
Filed
Sep 30, 2026
Documents
1
Size
5.7 KB
Summary
Verizon (VZ) EVP Kyle Malady Sells 1,100 Shares
What Happened
Kyle Malady, EVP and Group CEO — VZ Business at Verizon Communications (VZ), sold 1,100 shares in an open‑market transaction on 2026-09-29 at $46.40 per share, for total proceeds of $51,040. This was a sale (not a purchase) and therefore does not signal a direct bullish purchase by the insider.
Key Details
- Transaction date: 2026-09-29; filing date: 2026-09-30 (timely filed).
- Price and amount: 1,100 shares at $46.40 per share; total value $51,040.
- Transaction type/code: Sale (S) — open‑market or private sale as reported.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: Transaction executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 2026-05-18 (pre‑arranged plan).
Context
Sales executed under a Rule 10b5-1 plan are pre‑arranged and often scheduled in advance, so they may reflect planned portfolio management rather than a change in the insider’s view of the company. Retail investors should treat routine insider sales differently from purchases, which are generally considered a stronger signal of confidence.