Verizon (VZ) EVP Alfonso Villanueva Receives Phantom Stock Award

What Happened Villanueva Rodriguez Alfonso (EVP and Group CEO — VZ Consumer) was granted 128.695 shares of phantom stock (transaction code A) on 2026-09-24. The award is reported at an imputed price of $13.51 per share for a notional value of $1,739. This is an award/compensation grant (derivative, cash-settled), not an open-market purchase or sale.

Key Details

• Transaction date and filing: transaction dated 2026-09-24; Form 4 filed 2026-09-28 (filed within the typical two-business-day deadline).
• Amount: 128.695 phantom shares × $13.51 = $1,739 (reported as a derivative award).
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: (F1) Each phantom share is the economic equivalent of a portion of one common share and is settled in cash under the deferred compensation plan; (F2) the phantom shares include amounts acquired through dividend reinvestment.
• Transaction type: A = award/grant (not a purchase or sale).

Context Phantom stock awards are cash-settled deferred compensation tied to the company’s stock value and do not represent immediate common‑share ownership or an open‑market purchase. Such grants are routine forms of executive compensation and are informational rather than directional trading signals.