Verizon (NYSE: VZ) EVP sells 1,100 shares under 10b5-1 plan
Rhea-AI Filing Summary
VERIZON COMMUNICATIONS INC (VZ) reported that executive Kyle Malady, EVP and Group CEO–Verizon Business, sold 1,100 shares of common stock on August 25, 2026 at an average price of $50.06 per share in an open-market sale executed under a Rule 10b5-1 trading plan adopted on May 18, 2026.
After this transaction, Malady holds 108,766 shares of VZ common stock directly and an additional 20,197 shares indirectly through a 401(k) plan.
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Negative
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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 | $50.06 | $55K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 108,766 shares (Direct);
Common Stock — 20,197 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 of Common Stock
Sale price per share: $50.06 per share
Direct holdings after transaction: 108,766 shares of Common Stock
+2 more
5 metrics
Shares sold
1,100 shares of Common Stock
Open-market sale on August 25, 2026
Sale price per share
$50.06 per share
Average price for 1,100 shares sold on August 25, 2026
Direct holdings after transaction
108,766 shares of Common Stock
Direct ownership following August 25, 2026 sale
Indirect holdings after transaction
20,197 shares of Common Stock
Held indirectly by 401(k) as of August 25, 2026
Rule 10b5-1 plan adoption date
May 18, 2026
Trading plan under which the August 25, 2026 sale was executed
Key Terms
Rule 10b5-1 trading plan, Form 4, 401(k)
3 terms
Rule 10b5-1 trading plan regulatory
"This transaction was executed pursuant to a Rule 10b5-1 trading plan"
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.
Form 4 regulatory
"reported in the Form 4 filing as an open-market sale"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
401(k) financial
"indirectly through a 401(k) plan"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
FAQ
What insider transaction did VZ report for executive Kyle Malady?
VZ reported that Kyle Malady sold 1,100 shares of Verizon common stock on August 25, 2026 at an average price of $50.06 per share in an open-market transaction executed under a Rule 10b5-1 trading plan.
Was the Kyle Malady stock sale in Verizon (VZ) under a 10b5-1 plan?
Yes. The sale of 1,100 shares on August 25, 2026 was executed pursuant to a Rule 10b5-1 trading plan adopted by Kyle Malady on May 18, 2026, as noted in the footnote.
Does the Form 4 show any derivative transactions for Kyle Malady in VZ?
No. The Form 4 shows a single non-derivative sale of common stock and a separate line reflecting indirect holdings via a 401(k) plan, with no derivative transactions reported.
AI-generated analysis. How Rhea-AI works. Not financial advice.
