Villanueva Rodriguez Alfonso 4

What Happened Villanueva Rodriguez Alfonso, EVP & International Group CEO and CTO at Verizon, was granted 72.451 phantom stock units (a derivative award) on 2026-03-12 at an instrument value of $14.44 each, totaling approximately $1,046. This was an award/acquisition (code A) — not an open-market purchase or sale — and represents a compensation-related, cash‑settled entitlement rather than newly purchased common stock.

Key Details

• Transaction date: 2026-03-12; filing date: 2026-03-13 (timely).
• Amount: 72.451 phantom stock units at $14.44 per unit; total ≈ $1,046.
• Transaction type/code: Grant/Award (A); reported as a derivative (phantom stock).
• Shares owned after transaction: Not disclosed 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/events under the deferred compensation plan.
  • F2 — Includes phantom stock acquired through dividend reinvestment.

Context Phantom stock is a cash‑settled derivative used in deferred compensation programs; it does not transfer voting rights or actual shares at grant and therefore is different from buying common stock. Such awards are typically part of executive compensation and do not necessarily signal a buy/sell preference by the insider.