Verizon (NYSE: VZ) EVP granted additional phantom stock units in plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Verizon Communications executive Alfonso Villanueva Rodriguez reported an acquisition of deferred phantom stock units linked to Verizon common stock. On 02/12/2026, he acquired 74.154 units of phantom stock at $14.11 per unit through a deferred compensation plan. After this transaction, he indirectly held a total of 549.463 phantom stock units through the plan. Each phantom stock unit represents the economic equivalent of a portion of one Verizon common share, is settled in cash, and becomes payable upon events he has established under the deferred compensation plan. The total includes units accumulated through dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Villanueva Rodriguez Alfonso
Role
EVP&Int.Group CEO-VZ Cons.&CTO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock (unitized) | 74.154 | $14.11 | $1K |
Holdings After Transaction:
Phantom Stock (unitized) — 549.463 shares (Indirect, By Deferred Compensation Plan)
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. Includes phantom stock acquired through dividend reinvestment.
FAQ
What did Verizon (VZ) executive Alfonso Villanueva Rodriguez report on this Form 4?
He reported an acquisition of phantom stock units through a deferred compensation plan. On 02/12/2026, 74.154 phantom stock units were credited, bringing his indirect plan balance to 549.463 units tied economically to Verizon common stock.
Is the Verizon (VZ) Form 4 transaction a stock purchase or sale?
The filing shows an acquisition of derivative securities, specifically phantom stock units, not an open-market stock purchase or sale. These units are credited under a deferred compensation plan and are settled in cash rather than actual Verizon common shares.
How many Verizon (VZ) phantom stock units does the executive hold after the transaction?
Following the reported transaction, the executive indirectly holds 549.463 phantom stock units. This total reflects the newly acquired 74.154 units on 02/12/2026, plus prior holdings, including units accumulated through dividend reinvestment in the deferred compensation plan.
What are phantom stock units in this Verizon (VZ) executive filing?
The phantom stock units are the economic equivalent of a portion of one Verizon common share and are settled in cash. Payment occurs upon events the executive has established under the deferred compensation plan, rather than through delivery of actual Verizon shares.
How is ownership of the Verizon (VZ) phantom stock units held in this Form 4?
Ownership is reported as indirect, held "By Deferred Compensation Plan." The units are credited to the executive’s account under that plan, rather than as directly held Verizon shares, and are ultimately settled in cash based on the plan’s terms.