Verizon (NYSE: VZ) exec sells 1,100 shares under pre-set trading plan
Rhea-AI Filing Summary
VERIZON COMMUNICATIONS INC (VZ) officer Kyle Malady, EVP and Group CEO-VZ Business, reported selling 1,100 shares of common stock on August 18, 2026 at $48.68 per share in an open-market transaction. The sale was executed pursuant to a Rule 10b5-1 trading plan adopted on May 18, 2026. Following this sale, he holds 109,866 Verizon shares directly and 20,200 shares indirectly through a 401(k) plan.
Positive
- None.
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 ($54K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,100 | $48.68 | $54K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 109,866 shares (Direct);
Common Stock — 20,200 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: $48.68 per share
Direct holdings after transaction: 109,866 shares
+3 more
6 metrics
Shares sold
1,100 shares
Common stock sale on August 18, 2026
Sale price
$48.68 per share
Price for the 1,100 Verizon common shares sold
Direct holdings after transaction
109,866 shares
Direct Verizon common stock owned following the sale
Indirect holdings via 401(k)
20,200 shares
Verizon common stock held indirectly "By 401(k)" as reported
Net shares sold
1,100 shares
Net buy/sell shares in transaction summary (net-sell)
10b5-1 plan adoption date
May 18, 2026
Date the reporting person adopted the Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, open market or private transaction, 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.
open market or private transaction financial
"transaction code description: Sale in open market or private transaction"
401(k) financial
"nature_of_ownership: By 401(k)"
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 in VZ stock did Kyle Malady report on August 18, 2026?
Kyle Malady reported selling 1,100 shares of Verizon (VZ) common stock on August 18, 2026 at $48.68 per share. The transaction was a sale in the open market or private transaction as reflected by code "S".
Does the Form 4 for Verizon (VZ) show any option exercises or derivative trades by Kyle Malady?
No. The reported activity consists of a single common stock sale of 1,100 shares and a separate entry reflecting 401(k) holdings. The derivative transaction count in the summary is zero, indicating no option or derivative exercises.
AI-generated analysis. How Rhea-AI works. Not financial advice.
