Verizon exec sells 1,100 shares under plan
Kyle Malady’s Rule 10b5-1 plan led to his Sept. 1, 2026 sale of 1,100 VZ shares at $50.50, after which he still held 107,666 direct shares.
Rhea-AI Filing Summary
VERIZON COMMUNICATIONS INC (VZ) executive Kyle Malady, EVP and Group CEO–VZ Business, reported selling 1,100 shares of common stock on September 1, 2026 at $50.50 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 directly holds 107,666 shares and indirectly holds 20,196 shares 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 ($56K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,100 | $50.50 | $56K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 107,666 shares (Direct);
Common Stock — 20,196 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: $50.50 per share
Direct holdings after transaction: 107,666 shares
+3 more
6 metrics
Shares sold
1,100 shares
Open-market sale of Verizon common stock on September 1, 2026
Sale price per share
$50.50 per share
Price for the 1,100 Verizon shares sold on September 1, 2026
Direct holdings after transaction
107,666 shares
Direct Verizon common stock owned by Kyle Malady after the sale
Indirect holdings after transaction
20,196 shares
Indirect Verizon common stock held by Kyle Malady through a 401(k) plan
Rule 10b5-1 adoption date
May 18, 2026
Adoption date of trading plan governing the reported sale
Net shares sold
1,100 shares
Net change in buy/sell activity reported in this Form 4
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 adopted"
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
"The Form 4 reports only a sale of 1,100 shares of common stock"
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 holds 20,196 shares 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 executive Kyle Malady report on this Form 4?
Kyle Malady reported a sale of 1,100 shares of Verizon Communications Inc. common stock on September 1, 2026, executed in an open-market transaction at $50.50 per share.
Was the VZ insider sale by Kyle Malady made under a Rule 10b5-1 plan?
Yes. The filing states the 1,100-share sale on September 1, 2026 was executed pursuant to a Rule 10b5-1 trading plan adopted by Kyle Malady on May 18, 2026.
Does the Form 4 show any option exercises or derivative transactions for VZ?
No. The Form 4 reports only a sale of 1,100 shares of common stock and an updated indirect holding of 20,196 shares via a 401(k). It shows no derivative transactions in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
