Verizon’s Kyle Malady sells 1,100 shares
EVP and Group CEO–VZ Business Kyle Malady sold 1,100 Verizon shares under a pre‑arranged Rule 10b5‑1 trading plan and retained over 126,000 shares in total.
Rhea-AI Filing Summary
VERIZON COMMUNICATIONS INC (VZ) executive Kyle Malady, EVP and Group CEO–VZ Business, reported selling 1,100 shares of common stock on September 8, 2026 at $49.98 per share in an open‑market or private transaction. After this sale, he held 106,566 shares directly and 20,196 shares indirectly through a 401(k) plan. The sale was made under a Rule 10b5‑1 trading plan adopted on May 18, 2026.
Positive
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Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,100 shares
Net Sell
2 txns
Insider
Malady Kyle
Role
EVP and Group CEO-VZ Business
Sold
1,100 shs ($55K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,100 | $49.98 | $55K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 106,566 shares (Direct);
Common Stock — 20,196 shares (Indirect, By 401(k))
Footnotes (1)
- F1. This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 18, 2026.
Key Figures
Shares sold: 1,100 shares
Sale price per share: $49.98 per share
Direct holdings after transaction: 106,566 shares
+3 more
6 metrics
Shares sold
1,100 shares
Sale of Verizon common stock on September 8, 2026
Sale price per share
$49.98 per share
Open‑market or private sale on September 8, 2026
Direct holdings after transaction
106,566 shares
Direct Verizon common stock position after the reported sale
Indirect holdings after transaction
20,196 shares
Held indirectly through a 401(k) plan after the reported sale
Total reported holdings after transaction
126,762 shares
Sum of direct and indirect holdings following the September 8, 2026 sale
Rule 10b5-1 plan adoption date
May 18, 2026
Date Kyle Malady adopted the plan used for this sale
Key Terms
Rule 10b5-1 trading plan, indirectly through a 401(k), open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 18, 2026."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
indirectly through a 401(k) financial
"After the sale, he held 106,566 shares directly and 20,196 shares indirectly through a 401(k) plan."
open market or private transaction financial
"reported selling 1,100 shares of common stock on September 8, 2026 at $49.98 per share in an open market or private transaction."
FAQ
What insider transaction did VZ executive Kyle Malady report?
Kyle Malady reported a sale of 1,100 shares of Verizon common stock on September 8, 2026 at $49.98 per share in an open‑market or private transaction, executed under a Rule 10b5‑1 trading plan.
What is Kyle Malady’s role at Verizon (VZ) in this insider filing?
In this filing, Kyle Malady is identified as an officer of Verizon, serving as Executive Vice President and Group CEO–VZ Business, and he is the reporting person for the disclosed stock transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.