Form 4: Verizon CFO Anthony Skiadas Acquires Phantom Stock Units
Statement of Changes in Beneficial Ownership
Verizon Communications Inc. EVP and CFO Anthony T. Skiadas acquired 135.715 units of phantom stock via a deferred compensation plan.
Summary
- Anthony T. Skiadas, EVP and CFO of Verizon Communications Inc., acquired 135.715 units of phantom stock.
- The transaction occurred on June 4, 2026, at a price of $12.81 per unit.
- The acquisition was made through a deferred compensation plan.
- Following this transaction, the reporting person holds a total of 144,053.438 units of phantom stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding executive compensation that does not signal a change in company strategy or financial health.
Positives
- Demonstrates continued participation by the CFO in the company's deferred compensation plan, aligning interests with long-term performance.
Negatives
- None identified; this is a routine administrative transaction related to compensation.
Risks
- Phantom stock value is tied to the performance of Verizon common stock, exposing the holder to market volatility.
Future Outlook
Not applicable; this is a disclosure of a past transaction.
Industry Context
StockSavvy.ai notes that routine executive participation in deferred compensation plans is standard practice among large-cap telecommunications firms to retain leadership and align executive compensation with shareholder outcomes.
Comparison to Industry Standards
- The transaction is consistent with standard executive compensation practices at major telecommunications companies like AT&T and T-Mobile.
- The use of phantom stock as a deferred compensation vehicle is a common industry practice for tax-deferred executive wealth management.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard compensation-related transaction.
Next Steps
- No future actions or milestones were disclosed in this filing.
Key Dates
| Date | Description |
|---|---|
| 06/04/2026 | Date of the phantom stock acquisition transaction. |
| 06/05/2026 | Date the Form 4 was filed with the SEC. |
Keywords
Verizon, VZ, Insider Trading, Form 4, CFO, Phantom Stock, Deferred Compensation
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