Villanueva Rodriguez Alfonso 4
Research Summary
AI-generated summary
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.