Verizon (VZ) EVP Villanueva Rodriguez gains 83.489 cash-settled phantom stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Verizon Communications Inc. Executive Vice President Alfonso Villanueva Rodriguez reported an acquisition of phantom stock units under a deferred compensation plan. On 2026-07-16, he was credited with 83.489 unitized phantom stock derivatives, economically tied to common stock and settled in cash, increasing his indirect deferred-compensation balance to 6,659.715 phantom stock units, including amounts from dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Villanueva Rodriguez Alfonso
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock (unitized) | 83.489 | $12.53 | $1K |
Holdings After Transaction:
Phantom Stock (unitized) — 6,659.715 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.
Key Figures
Phantom stock units acquired: 83.4890 units
Transaction value basis: 12.5300 per unit
Total phantom stock after transaction: 6659.7150 units
+2 more
5 metrics
Phantom stock units acquired
83.4890 units
Grant/award acquisition on 2026-07-16
Transaction value basis
12.5300 per unit
Price associated with phantom stock units
Total phantom stock after transaction
6659.7150 units
Indirect holdings via Deferred Compensation Plan
Underlying common stock
24.0000 shares
Underlying security for the phantom stock derivative
Transaction date
2026-07-16
Date phantom stock units were credited
Key Terms
Phantom Stock (unitized), deferred compensation plan, dividend reinvestment
3 terms
Phantom Stock (unitized) financial
"security_title: Phantom Stock (unitized)"
deferred compensation plan financial
"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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Verizon (VZ) report for Alfonso Villanueva Rodriguez?
Verizon reported that Executive Vice President Alfonso Villanueva Rodriguez acquired 83.489 phantom stock (unitized) units on 2026-07-16. These units are held indirectly through a Deferred Compensation Plan and represent cash-settled economic exposure to Verizon common stock.
How many phantom stock units does the Verizon (VZ) executive hold after this Form 4?
After the reported transaction, the executive’s indirect holdings total 6,659.715 phantom stock units. This balance includes phantom stock acquired through dividend reinvestment under the deferred compensation plan, not just the 83.489 units from this grant.
Is the Verizon (VZ) phantom stock award an actual stock purchase?
No. Each share of phantom stock is settled in cash and is the economic equivalent of a portion of a Verizon common share. The transaction reflects a compensation-related award, not an open-market purchase or sale of Verizon stock.
What is the economic linkage of the Verizon (VZ) phantom stock units?
Each phantom stock unit is described as the economic equivalent of a portion of one share of common stock. The units are tied to Verizon’s common stock value but pay out in cash upon events specified in the deferred compensation plan.
When do the Verizon (VZ) phantom stock units become payable to the executive?
The phantom stock units become payable in cash upon events established by the reporting person in accordance with the deferred compensation plan. Specific payout timing is governed by that plan’s terms and the executive’s elections.