VERIZON COMMUNICATIONS INC·4

May 26, 11:56 AM ET

Villanueva Rodriguez Alfonso 4

Research Summary

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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.