[Form 4] Verizon Communications Insider Trading Activity
Kyle Malady, EVP and Group CEO-VZ Business at Verizon Communications (VZ), reported a non-derivative/derivative-equivalent transaction on 08/14/2025 under a Form 4. The filing shows acquisition of 139.437 units of phantom stock (unitized), each unit being the economic equivalent of a portion of one share of common stock and settled in cash. The filing records an associated line showing 40 shares of common stock at $12.41 and total beneficial ownership following the transaction of 388,442.851 units held indirectly through a deferred compensation plan. Footnotes state phantom units become payable per the reporting person’s elections under the deferred compensation plan and include units acquired through dividend reinvestment.
Kyle Malady, EVP e Group CEO - VZ Business di Verizon Communications (VZ), ha segnalato una transazione non derivata/equivalente a derivati il 14/08/2025 tramite un Form 4. La dichiarazione indica l'acquisto di 139,437 unità di phantom stock (unitizzate), ciascuna rappresentante l'equivalente economico di una parte di una azione ordinaria e liquidata in contanti. Il documento registra inoltre una voce correlata che mostra 40 azioni ordinarie a $12,41 e una detenzione beneficiaria totale dopo la transazione di 388.442,851 unità detenute indirettamente tramite un piano di compensazione differita. Le note indicano che le unità phantom saranno pagabili in base alle elezioni del dichiarante previste dal piano di compensazione differita e includono unità acquisite tramite il reinvestimento dei dividendi.
Kyle Malady, EVP y Group CEO de VZ Business en Verizon Communications (VZ), informó una transacción no derivativa/equivalente a derivados el 14/08/2025 mediante un Form 4. La presentación muestra la adquisición de 139,437 unidades de phantom stock (unitizadas), cada unidad equivalente económico de una parte de una acción ordinaria y liquidada en efectivo. El expediente también registra una línea asociada que muestra 40 acciones ordinarias a $12.41 y una propiedad beneficiaria total tras la transacción de 388,442.851 unidades mantenidas de forma indirecta a través de un plan de compensación diferida. Las notas señalan que las unidades phantom se harán pagaderas según las elecciones del informante bajo el plan de compensación diferida e incluyen unidades adquiridas por reinversión de dividendos.
버라이즌 커뮤니케이션즈(VZ)의 EVP 겸 VZ 비즈니스 그룹 CEO인 카일 말라디가 2025년 8월 14일 Form 4를 통해 비파생/파생상품 등가 거래를 신고했습니다. 신고서에는 현금으로 정산되는 각 단위가 보통주 일부의 경제적 등가물인 139.437 단위의 팬텀 스톡(단위화)을 취득한 것으로 나타나 있습니다. 신고서는 또한 관련 항목으로 $12.41에 40주를 기재했고, 거래 후 총 실질 보유량이 연기 보상 계획을 통해 간접적으로 보유된 388,442.851 단위라고 기록되어 있습니다. 각주에는 팬텀 단위는 연기 보상 계획에 따른 신고인의 선택에 따라 지급되며 배당 재투자를 통해 취득한 단위도 포함된다고 명시되어 있습니다.
Kyle Malady, EVP et Group CEO de VZ Business chez Verizon Communications (VZ), a déclaré une opération non dérivée/équivalente dérivée le 14/08/2025 via un Form 4. Le dossier indique l'acquisition de 139,437 unités de phantom stock (unitisées), chaque unité étant l'équivalent économique d'une partie d'une action ordinaire et réglée en espèces. La déclaration enregistre également une ligne associée montrant 40 actions ordinaires à 12,41 $ et une propriété bénéficiaire totale après la transaction de 388,442.851 unités détenues indirectement via un plan de rémunération différée. Les notes précisent que les unités phantom seront payables conformément aux choix de la personne déclarante au titre du plan de rémunération différée et incluent des unités acquises par réinvestissement des dividendes.
Kyle Malady, EVP und Group CEO VZ Business bei Verizon Communications (VZ), meldete am 14.08.2025 eine nicht-derivative/derivative-äquivalente Transaktion mittels Form 4. Die Einreichung weist den Erwerb von 139,437 Einheiten Phantomaktien (unitisiert) aus, wobei jede Einheit das wirtschaftliche Äquivalent eines Teils einer Stammaktie darstellt und bar abgerechnet wird. Die Meldung verzeichnet außerdem eine zugehörige Zeile mit 40 Stammaktien zu $12,41 und einen gesamten wirtschaftlichen Eigentumsbestand nach der Transaktion von 388.442,851 Einheiten, die indirekt über einen aufgeschobenen Vergütungsplan gehalten werden. Fußnoten besagen, dass Phantom-Einheiten gemäß den Wahlmöglichkeiten der meldenden Person im Rahmen des aufgeschobenen Vergütungsplans zahlbar werden und Einheiten beinhalten, die durch Dividenden-Reinvestition erworben wurden.
- Transaction disclosed under Section 16, satisfying insider reporting requirements
- Use of deferred compensation plan indicates the acquisition is compensation-related and cash-settled, not an open-market sale
- No open-market purchase or sale data provided to indicate trading interest by the reporting person
- Filing does not clarify the $12.41 figure’s exact context beyond the table line shown
Insights
TL;DR: Routine deferred-compensation settlement reported by an executive; no open-market purchase or sale disclosed.
The Form 4 documents an internal acquisition of phantom stock under Verizon’s deferred compensation plan rather than an open-market trade. The filing explicitly states the units are cash-settled and payable per the executive’s plan elections, and that dividend reinvestment contributed to the reported balance. From a governance perspective, this is a routine disclosure of executive compensation deferral and does not indicate a change in control or a transaction involving company equity being transferred on public markets.
TL;DR: Transaction is compensation-related and recorded as indirect beneficial ownership; it appears non-material to company capitalization.
The Form 4 records acquisition of 139.437 phantom stock units and shows a large indirect holding of 388,442.851 units via the deferred compensation plan. The disclosure includes a $12.41 figure associated with a 40-share line item and notes dividend reinvestment. There is no explicit cash purchase or sale on the open market, no exercise of equity awards for actual share issuance, and no change to outstanding common stock cited in this filing. Impact on share count or liquidity is not indicated in the document.
Kyle Malady, EVP e Group CEO - VZ Business di Verizon Communications (VZ), ha segnalato una transazione non derivata/equivalente a derivati il 14/08/2025 tramite un Form 4. La dichiarazione indica l'acquisto di 139,437 unità di phantom stock (unitizzate), ciascuna rappresentante l'equivalente economico di una parte di una azione ordinaria e liquidata in contanti. Il documento registra inoltre una voce correlata che mostra 40 azioni ordinarie a $12,41 e una detenzione beneficiaria totale dopo la transazione di 388.442,851 unità detenute indirettamente tramite un piano di compensazione differita. Le note indicano che le unità phantom saranno pagabili in base alle elezioni del dichiarante previste dal piano di compensazione differita e includono unità acquisite tramite il reinvestimento dei dividendi.
Kyle Malady, EVP y Group CEO de VZ Business en Verizon Communications (VZ), informó una transacción no derivativa/equivalente a derivados el 14/08/2025 mediante un Form 4. La presentación muestra la adquisición de 139,437 unidades de phantom stock (unitizadas), cada unidad equivalente económico de una parte de una acción ordinaria y liquidada en efectivo. El expediente también registra una línea asociada que muestra 40 acciones ordinarias a $12.41 y una propiedad beneficiaria total tras la transacción de 388,442.851 unidades mantenidas de forma indirecta a través de un plan de compensación diferida. Las notas señalan que las unidades phantom se harán pagaderas según las elecciones del informante bajo el plan de compensación diferida e incluyen unidades adquiridas por reinversión de dividendos.
버라이즌 커뮤니케이션즈(VZ)의 EVP 겸 VZ 비즈니스 그룹 CEO인 카일 말라디가 2025년 8월 14일 Form 4를 통해 비파생/파생상품 등가 거래를 신고했습니다. 신고서에는 현금으로 정산되는 각 단위가 보통주 일부의 경제적 등가물인 139.437 단위의 팬텀 스톡(단위화)을 취득한 것으로 나타나 있습니다. 신고서는 또한 관련 항목으로 $12.41에 40주를 기재했고, 거래 후 총 실질 보유량이 연기 보상 계획을 통해 간접적으로 보유된 388,442.851 단위라고 기록되어 있습니다. 각주에는 팬텀 단위는 연기 보상 계획에 따른 신고인의 선택에 따라 지급되며 배당 재투자를 통해 취득한 단위도 포함된다고 명시되어 있습니다.
Kyle Malady, EVP et Group CEO de VZ Business chez Verizon Communications (VZ), a déclaré une opération non dérivée/équivalente dérivée le 14/08/2025 via un Form 4. Le dossier indique l'acquisition de 139,437 unités de phantom stock (unitisées), chaque unité étant l'équivalent économique d'une partie d'une action ordinaire et réglée en espèces. La déclaration enregistre également une ligne associée montrant 40 actions ordinaires à 12,41 $ et une propriété bénéficiaire totale après la transaction de 388,442.851 unités détenues indirectement via un plan de rémunération différée. Les notes précisent que les unités phantom seront payables conformément aux choix de la personne déclarante au titre du plan de rémunération différée et incluent des unités acquises par réinvestissement des dividendes.
Kyle Malady, EVP und Group CEO VZ Business bei Verizon Communications (VZ), meldete am 14.08.2025 eine nicht-derivative/derivative-äquivalente Transaktion mittels Form 4. Die Einreichung weist den Erwerb von 139,437 Einheiten Phantomaktien (unitisiert) aus, wobei jede Einheit das wirtschaftliche Äquivalent eines Teils einer Stammaktie darstellt und bar abgerechnet wird. Die Meldung verzeichnet außerdem eine zugehörige Zeile mit 40 Stammaktien zu $12,41 und einen gesamten wirtschaftlichen Eigentumsbestand nach der Transaktion von 388.442,851 Einheiten, die indirekt über einen aufgeschobenen Vergütungsplan gehalten werden. Fußnoten besagen, dass Phantom-Einheiten gemäß den Wahlmöglichkeiten der meldenden Person im Rahmen des aufgeschobenen Vergütungsplans zahlbar werden und Einheiten beinhalten, die durch Dividenden-Reinvestition erworben wurden.
FAQ
What did Kyle Malady (VZ) report on Form 4?
Are the phantom stock units settled in shares or cash?
Does the filing show an open-market trade for VZ shares?
What does the filing say about dividends?
What is the reporting person’s title and relationship to Verizon?
