Verizon Communications Inc: EVP and CEO Malady Kyle received 131.364 shares

What happened Malady Kyle, EVP and group CEO-VZ Business, received 131.364 phantom stock shares as an award on Oct 08, 2026. The filing shows a price of $13.23 per share for a total reported value of $1,738; the award is a derivative grant (phantom stock) settled in cash.

Key details

• Transaction date and price: Oct 08, 2026 at $13.23 per share (transaction code A, award/grant).
• Shares involved: 131.364 phantom stock shares; total value reported $1,738.
• Shares owned following the transaction: not reported in this filing.
• Footnotes: F1 — each phantom stock share is the economic equivalent of a portion of one common share and is settled in cash; payable under the deferred compensation plan. F2 — includes phantom stock acquired through dividend reinvestment.
• Filing timeliness: not indicated as late in the provided filing details.

Why it may matter This was a derivative award (phantom stock) that is cash-settled under the company’s deferred compensation plan, not a market purchase or sale of common stock. A filing does not show why the insider traded or why the company acted.