Villanueva Rodriguez Alfonso 4

What Happened Alfonso Villanueva Rodriguez, an EVP & international group executive and CTO at Verizon Communications (VZ), received a grant of 74.154 phantom stock units on 2026-02-12. The units are recorded at $14.11 each for a total economic value of about $1,046. This was an award/compensation grant (derivative/phantom stock), not an open‑market purchase or sale of actual shares.

Key Details

• Transaction date and terms: 2026-02-12 — 74.154 phantom stock units @ $14.11 each (total ≈ $1,046).
• Security type: Phantom stock (derivative), payable in cash under Verizon’s deferred compensation plan.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes:
  • F1: Each phantom share is the economic equivalent of a portion of one common share and is settled in cash; payout occurs per elections under the deferred compensation plan.
  • F2: The amount includes phantom stock acquired through dividend reinvestment.
• Filing timing: Form 4 was filed 2026-02-17 for a transaction on 2026-02-12 (filed 5 days after the transaction). Form 4s are typically due within two business days, so this appears later than the usual window.

Context This was a compensation award of phantom units (cash‑settled), not the issuance or sale of actual Verizon common stock. Such awards are routine executive compensation and do not immediately change the company’s outstanding share count. The economic value reported here is modest (~$1k), so it is unlikely to be a significant signal about the executive’s view of the stock.