Verizon (VZ) EVP Alfonso Villanueva Receives Phantom Stock Award

What Happened

• Alfonso Villanueva Rodriguez, EVP and Group CEO—VZ Consumer at Verizon Communications (VZ), was granted 79.477 units of phantom stock on 2026-07-30. The filing lists a per‑unit value of $13.16 for a total reported value of approximately $1,046. This was an award/grant (derivative), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-07-30; filed with the SEC on 2026-08-03.
• Amount: 79.477 phantom stock units; reported unit value $13.16; total ≈ $1,046.
• Type: Award/Grant of phantom stock (derivative securities), settled in cash under a deferred compensation plan.
• Shares owned after transaction: Not specified as common stock in the filing; this grant is a phantom/derivative award (see footnotes).
• Footnotes: F1 — each phantom share is the economic equivalent of a fraction of a common share and is settled in cash, payable per elections under the deferred compensation plan. F2 — includes phantom stock acquired through dividend reinvestment.
• Filing timing: Reported transaction date was July 30; the Form 4 was filed Aug 3. (Form 4s are generally due within two business days of the transaction — the filing date is four days later; consult the filing for any tardiness explanation.)

Context

• This was a compensation award (phantom stock) rather than a stock purchase or option exercise. Phantom units represent a cash‑settled right tied to the company’s stock value and do not immediately increase reported common‑stock holdings. Such awards are common for executive compensation and do not by themselves indicate a personal buy/sell sentiment.