Verizon (VZ) EVP Villanueva details RSU and phantom stock holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Verizon Communications Inc. executive Alfonso Villanueva Rodriguez filed an initial ownership report as EVP & Integrated Group CEO–Verizon Consumer & CTO. The filing lists derivative holdings, including phantom stock units economically tied to 136 shares of common stock through a deferred compensation plan.
Villanueva also reports 137,024 Restricted Stock Units from a 2025 new-hire award and 137,024 RSUs from a 2026 award, each RSU representing one share of common stock plus accrued dividends. These RSUs are scheduled to vest in two equal installments on December 31, 2026 and December 31, 2027, subject to the RSU agreement.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Villanueva Rodriguez Alfonso
Role
EVP&Int.Group CEO-VZ Cons.&CTO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Phantom Stock (unitized) | -- | -- | -- |
| holding | Restricted Stock Units - New Hire 2025 Award | -- | -- | -- |
| holding | Restricted Stock Units - 2026 Award | -- | -- | -- |
Holdings After Transaction:
Phantom Stock (unitized) — 136 shares (Indirect, By Deferred Compensation Plan);
Restricted Stock Units - New Hire 2025 Award — 137,024 shares (Direct);
Restricted Stock Units - 2026 Award — 137,024 shares (Direct)
Footnotes (1)
- Each share of phantom stock is the economic equivalent of a portion of one share of common stock and is settled in cash. The shares of phantom stock become payable upon events established by the reporting person in accordance with the deferred compensation plan. The number of shares is based upon 475.309 units held as of February 4, 2026. Each Restricted Stock Unit (RSU) represents the right to receive one share of common stock, plus accrued dividends, on the payment date with respect to the date that the RSU vests. Subject to the terms of the RSU Agreement, the RSUs will vest in two equal installments on December 31, 2026 and December 31, 2027, respectively.
FAQ
What does Verizon (VZ) executive Alfonso Villanueva report in this Form 3?
Alfonso Villanueva Rodriguez reports his derivative equity holdings as a Verizon executive. The filing lists phantom stock units tied to 136 common shares and two large Restricted Stock Unit awards of 137,024 shares each, reflecting his deferred compensation and equity incentives.
What Restricted Stock Unit awards does the Verizon (VZ) EVP hold?
He holds a 2025 new-hire Restricted Stock Unit award for 137,024 shares and a 2026 RSU award for another 137,024 shares. Each RSU represents the right to receive one share of Verizon common stock plus accrued dividends upon vesting and payment.
When do Alfonso Villanueva’s Verizon RSUs reported on Form 3 vest?
The Restricted Stock Units vest in two equal installments on December 31, 2026 and December 31, 2027. Vesting is subject to the terms of the RSU agreement, after which shares and accrued dividends become deliverable on the applicable payment dates.
How is the phantom stock reported by the Verizon (VZ) EVP settled?
Each share of phantom stock is economically equivalent to a portion of one Verizon common share but is settled in cash. Payment occurs upon events the reporting person has established under the deferred compensation plan, based on 475.309 units held as of February 4, 2026.
Is the Verizon (VZ) executive’s ownership in this Form 3 direct or indirect?
The phantom stock units are held indirectly through a deferred compensation plan, while the Restricted Stock Units are reported as directly owned. This distinction reflects whether the holdings sit in a plan account or are recorded as direct equity-based awards to the executive.
Does this Verizon (VZ) Form 3 show any insider buying or selling of stock?
The filing presents holdings rather than explicit purchases or sales, describing phantom stock and RSU positions. It functions as an initial ownership statement for the executive’s existing derivative equity awards, not as a record of open-market trading activity.