VERIZON COMMUNICATIONS INC·4

Jul 6, 11:16 AM ET

Villanueva Rodriguez Alfonso 4

4 · VERIZON COMMUNICATIONS INC · Filed Jul 6, 2026

Research Summary

AI-generated summary of this filing

Updated

Verizon (VZ) EVP Alfonso Villanueva Receives Phantom Stock Award

What Happened

  • Alfonso Villanueva Rodriguez, an Executive Vice President and Integrated Group CEO / CTO at Verizon (VZ), was granted 87.222 units of phantom stock on 2026-07-01. The grant is reported at $11.99 per unit for a total economic value of about $1,046. This was an award (derivative/phantom stock), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-07-01; filing date (Form 4): 2026-07-06.
  • Grant: 87.222 phantom stock units at $11.99 each; total reported value ≈ $1,046.
  • Shares owned after transaction: not specified in the provided filing details.
  • Footnotes: F1 — each phantom stock unit is economically equivalent to a portion of one common share and is settled in cash; payable upon events set by the reporting person under the deferred compensation plan. F2 — amount includes phantom stock acquired through dividend reinvestment.
  • No indication in the provided data that the filing was late.

Context

  • Phantom stock is a cash-settled derivative that tracks the economic value of common shares; it does not represent immediate issuance of common stock. Such awards are typically part of executive deferred compensation programs and should be viewed as compensation, not a direct buy or sell of stock. The reported value here (~$1,046) is small relative to typical executive grants.

Insider Transaction Report

Form 4
Period: 2026-07-01
Villanueva Rodriguez Alfonso
Executive Vice President
Transactions
  • Award

    Phantom Stock (unitized)

    [F1][F2]
    2026-07-01$11.99/sh+87.222$1,0466,576.226 total(indirect: By Deferred Compensation Plan)
    Common Stock (25 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|2026-07-06

Documents

1 file
  • 4
    wk-form4_1783350970.xmlPrimary

    FORM 4