VERIZON COMMUNICATIONS INC·4

Jun 18, 2:07 PM ET

Villanueva Rodriguez Alfonso 4

Research Summary

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Verizon (VZ) EVP Alfonso Villanueva Receives Phantom Stock Award

What Happened

  • Alfonso Villanueva Rodriguez, EVP & Integrated Group CEO — Verizon Consumer & CTO, received an award of 79.951 phantom shares (derivative award) on 2026-06-17. The filing reports a per-unit value of $13.08, totaling approximately $1,046. This was an award/acquisition (not an open-market purchase or sale).

Key Details

  • Transaction date: 2026-06-17; Form 4 filed: 2026-06-18.
  • Amount: 79.951 phantom shares × $13.08 = ~$1,046 (reported as a derivative award).
  • Shares owned after transaction: not specified in the provided filing.
  • Footnotes: F1 — each phantom share is an economic equivalent of a portion of one common share and will be settled in cash under the deferred compensation plan; payable upon events set by the reporting person. F2 — amount includes phantom stock acquired through dividend reinvestment.
  • Filing timeliness: filing date is the day after the transaction (no late filing indicated in the provided data).

Context

  • This is a derivative, cash-settled phantom stock award under a deferred compensation plan, not issuance of actual common stock. Such awards provide economic exposure but are paid in cash per plan rules; they do not directly change voting power or outstanding share count.