Verizon (NYSE: VZ) EVP Kyle Malady adds phantom stock in deferred plan
Rhea-AI Filing Summary
Verizon Communications executive Kyle Malady, EVP and Group CEO–VZ Business, reported an acquisition of 138.74 phantom stock (unitized) units on 2026-07-16 under a deferred compensation plan. Each phantom stock unit is the economic equivalent of a portion of one share of Verizon common stock and is settled in cash, becoming payable upon events Malady established in accordance with the plan. The reported total phantom stock balance after this transaction is 417,694.488 units, including units acquired through dividend reinvestment, all held indirectly via the deferred compensation plan.
Positive
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Negative
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Malady Kyle
Role
EVP and Group CEO-VZ Business
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock (unitized) F1, F2 | 138.74 | $12.53 | $2K |
Holdings After Transaction:
Phantom Stock (unitized) — 417,694.488 shares (Indirect, By Deferred Compensation Plan)
Footnotes (2)
- F1. 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.
- F2. Includes phantom stock acquired through dividend reinvestment.
Key Figures
Phantom stock units acquired: 138.7400 units
Price reference per phantom unit: 12.5300
Total phantom stock after transaction: 417694.4880 units
+1 more
4 metrics
Phantom stock units acquired
138.7400 units
Grant/award acquisition on 2026-07-16 under deferred compensation plan
Price reference per phantom unit
12.5300
Footnote-qualified price associated with phantom stock units
Total phantom stock after transaction
417694.4880 units
Indirect holdings via Deferred Compensation Plan following 2026-07-16 award
Underlying common stock reference
40.0000 shares
Underlying security shares tied economically to the reported phantom stock
Key Terms
Phantom Stock (unitized), Deferred Compensation Plan, dividend reinvestment, economic equivalent
4 terms
Phantom Stock (unitized) financial
"Each share of phantom stock is the economic equivalent of a portion of one share"
Deferred Compensation Plan financial
"events established by the reporting person in accordance with the deferred compensation plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
dividend reinvestment financial
"Includes phantom stock acquired through dividend reinvestment."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
economic equivalent financial
"Each share of phantom stock is the economic equivalent of a portion of one share"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Kyle Malady report for Verizon (VZ) on this Form 4?
Kyle Malady reported acquiring 138.74 phantom stock units on 2026-07-16 through a Verizon deferred compensation plan. These units are cash-settled and linked economically to Verizon common stock rather than being actual shares.
How many phantom stock units does Kyle Malady hold after this Verizon (VZ) transaction?
After the reported acquisition, Kyle Malady holds 417,694.488 phantom stock units indirectly through a deferred compensation plan. This total includes phantom stock acquired via dividend reinvestment, as disclosed in the footnotes.
How and when is the Verizon (VZ) phantom stock held by Kyle Malady paid out?
The phantom stock is settled in cash and becomes payable upon events established by Kyle Malady in line with the deferred compensation plan. The timing and conditions follow those pre-selected plan events rather than market trading.
Is Kyle Malady’s Verizon (VZ) phantom stock transaction under a Rule 10b5-1 plan?
The Form 4 does not classify this transaction as made under a Rule 10b5-1 trading plan. The Rule 10b5-1 checkbox is not marked as an affirmative plan transaction in the filing data.
How is dividend reinvestment reflected in Kyle Malady’s Verizon (VZ) phantom stock holdings?
The total of 417,694.488 phantom stock units held after the transaction includes units acquired through dividend reinvestment. A footnote specifies that phantom stock accumulated from reinvested dividends is part of the reported balance.