Verizon (VZ) EVP Alfonso Villanueva Rodriguez Receives Award

What Happened

• Alfonso Villanueva Rodriguez, Verizon EVP & Interim Group CEO (Consolidation & CTO role listed), was granted a derivative award of 77.643 phantom shares on 2026-04-23. The award was recorded at $13.47 per share for a total economic value of about $1,046. This was an award/grant (compensation), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-04-23; Filing date: 2026-04-24 (timely filing).
• Transaction type: Award/Grant of phantom stock (derivative, code A).
• Shares/units: 77.643 phantom shares; price/value: $13.47 per share; aggregate value ≈ $1,046.
• Settlement: Phantom shares are cash‑settled (per footnote) and become payable under the reporting person’s deferred compensation plan.
• Footnotes: F1 — each phantom share equals the economic equivalent of a common share and is settled in cash when payable under the plan; F2 — amount includes phantom stock acquired through dividend reinvestment.
• Amount owned following transaction: not disclosed in the provided filing summary.

Context

• This is a compensation award (derivative, cash‑settled phantom stock) rather than an outright purchase or sale of common stock; such awards reflect pay/deferral arrangements and do not directly change the company’s share count. For retail investors, purchases may signal personal conviction; awards typically reflect compensation and are routine.