VERIZON COMMUNICATIONS INC·4

May 26, 11:56 AM ET

Villanueva Rodriguez Alfonso 4

4 · VERIZON COMMUNICATIONS INC · Filed May 26, 2026

Research Summary

AI-generated summary of this filing

Updated

Verizon (VZ) EVP Alfonso Villanueva Receives Phantom Stock Award

What Happened

  • Alfonso Villanueva Rodriguez, Verizon EVP & Interim Group CEO (VZ Consumer & CTO role noted on filing), was granted 75.955 units of phantom stock on 2026-05-21. The units are reported at an imputed price of $13.77 each for a total reported value of about $1,046. This was an award (grant of derivative phantom stock), not an open‑market purchase or sale.

Key Details

  • Transaction date and terms: 2026-05-21 — 75.955 phantom stock units @ $13.77 each = ~$1,046.
  • Shares owned after transaction: Not specified in the provided summary of the filing.
  • Footnotes: F1 — each phantom share is the economic equivalent of a portion of one common share and will be settled in cash; payouts occur per elections under the deferred compensation plan. F2 — amount includes phantom stock acquired through dividend reinvestment.
  • Filing timing: Form filed 2026-05-26 for a 2026-05-21 transaction. Form 4s are normally due within two business days; this filing was submitted several days after the transaction date (review the filing for any late‑filing notation).

Context

  • Phantom stock is a cash‑settled deferred compensation award (not actual company shares), so it does not transfer voting rights or deliver stock unless converted/settled per plan terms. Awards like this are typically part of executive compensation and do not necessarily signal a buy or sell view by the insider.

Insider Transaction Report

Form 4
Period: 2026-05-21
Villanueva Rodriguez Alfonso
Executive Vice President
Transactions
  • Award

    Phantom Stock (unitized)

    [F1][F2]
    2026-05-21$13.77/sh+75.955$1,0466,327.384 total(indirect: By Deferred Compensation Plan)
    Common Stock (22 underlying)
Footnotes (2)
  • [F1]Each share of phantom stock is the economic equivalent of a portion of one share of common stock and is settled in cash. The shares of phantom stock become payable upon events established by the reporting person in accordance with the deferred compensation plan.
  • [F2]Includes phantom stock acquired through dividend reinvestment.
Signature
Evgeniya Berezkina, Attorney-in-fact for Alfonso Villanueva Rodriguez|2026-05-26

Documents

1 file
  • 4
    wk-form4_1779810978.xmlPrimary

    FORM 4