Verizon EVP sells 1,100 shares at $51.19
VERIZON COMMUNICATIONS INC (VZ) executive Kyle Malady, EVP and Group CEO – Verizon Business, reported selling 1,100 shares of common stock on September 15, 2026 at $51.19 per share under a Rule 10b5-1 trading plan adopted on May 18, 2026.
Rhea-AI Filing Summary
VERIZON COMMUNICATIONS INC (VZ) executive Kyle Malady, EVP and Group CEO – Verizon Business, reported selling 1,100 shares of common stock on September 15, 2026 at $51.19 per share under a Rule 10b5-1 trading plan adopted on May 18, 2026. Following this sale, he held 105,466 shares directly and 20,193 shares indirectly through a 401(k) plan.
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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 ($56K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,100 | $51.19 | $56K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 105,466 shares (Direct);
Common Stock — 20,193 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: $51.19 per share
Direct holdings after sale: 105,466 shares
+2 more
5 metrics
Shares sold
1,100 shares
Common stock sale on September 15, 2026
Sale price per share
$51.19 per share
Price for the 1,100 Verizon shares sold on September 15, 2026
Direct holdings after sale
105,466 shares
Direct Verizon common stock held by Kyle Malady after the transaction
Indirect 401(k) holdings
20,193 shares
Verizon common stock held indirectly through a 401(k) plan after the transaction date
Rule 10b5-1 plan adoption date
May 18, 2026
Adoption date of the trading plan governing the reported sale
Key Terms
Rule 10b5-1 trading plan, indirect ownership, 401(k)
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.
indirect ownership financial
"The filing notes additional shares held indirectly through a 401(k) plan."
401(k) financial
"The filing reports shares held 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did VZ executive Kyle Malady report?
Kyle Malady reported a sale of 1,100 shares of Verizon common stock on September 15, 2026 at $51.19 per share, with the transaction described as a sale in an open market or private transaction.
Was the VZ insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Kyle Malady on May 18, 2026, indicating the trade followed a pre-arranged trading plan.
What is the role of Kyle Malady at Verizon (VZ) mentioned in the filing?
The filing identifies Kyle Malady as an Executive Vice President and Group CEO – Verizon Business, indicating he is a senior officer associated with Verizon’s business segment.
AI-generated analysis. How Rhea-AI works. Not financial advice.