Villanueva Rodriguez Alfonso 4

What Happened
Alfonso Villanueva Rodriguez, Executive Vice President at Verizon Communications Inc. (VZ), was granted 47,754 restricted stock units (RSUs) on 2026-07-07. The award is reported as a derivative grant at a $0 acquisition price (standard for RSU awards), so no cash was exchanged at grant.

Key Details

• Transaction type: Award/Grant (code A) — 47,754 RSUs granted on 2026-07-07. Report filed 2026-07-09.
• Grant price: $0.00 per unit (RSUs are a deferred equity award, not an open-market purchase).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnote: Each RSU represents the right to receive one share of common stock plus accrued dividends on the payment date. RSUs vest in three equal annual installments beginning March 1, 2027 (per RSU agreement).
• Timeliness: Filing date (2026-07-09) covers the 2026-07-07 grant — filing appears timely based on the provided dates.

Context
RSUs are a form of compensation — they do not represent an immediate market purchase or sale and typically vest over time, aligning executive pay with shareholder value. This grant increases Villanueva’s future potential ownership if the RSUs vest and are settled in shares; it is not an indicator of an open-market bullish purchase.