Verizon (NYSE: VZ) exec plans 1,100-share stock sale in 2026
Rhea-AI Filing Summary
VERIZON COMMUNICATIONS INC (VZ) is named as the issuer in a notice of proposed sale of securities under Rule 144 filed for the account of Kyle Malady. The notice covers a planned sale of 1,100 shares of Verizon common stock, held at Fidelity Brokerage Services LLC, with an indicated aggregate market value of $53,548.00, to be sold on or about 08/18/2026 on the NYSE. The shares are described as having been acquired from the issuer through restricted stock vesting on 03/01/2026 as compensation.
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Key Figures
Shares to be sold: 1,100 shares
Aggregate market value: $53,548.00
Intended sale date: 08/18/2026
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4 metrics
Shares to be sold
1,100 shares
Common stock to be sold under Rule 144
Aggregate market value
$53,548.00
Value of 1,100 Verizon common shares covered by the notice
Intended sale date
08/18/2026
Planned start date for Rule 144 sale on NYSE
Acquisition date
03/01/2026
Date the shares vested as restricted stock compensation
Key Terms
Rule 144, Restricted Stock Vesting, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Common | 03/01/2026 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does this Form 144 filing mean for VERIZON COMMUNICATIONS INC (VZ)?
The filing reports a planned Rule 144 sale of 1,100 shares of Verizon common stock by or for Kyle Malady. It is a disclosure of an intended sale of restricted or control securities, not a company-level financing or new share issuance.
AI-generated analysis. How Rhea-AI works. Not financial advice.