Form 4: Verizon CFO Anthony T. Skiadas Reports Changes in Beneficial Ownership

Sentiment:

SEC Filing


Verizon's EVP and CFO, Anthony T. Skiadas, filed a Form 4 indicating changes in his beneficial ownership of the company's securities, including phantom stock units.

Summary

  • Anthony T. Skiadas, EVP and CFO of Verizon Communications Inc., reported changes in his beneficial ownership of the company's securities on September 26, 2024.
  • The report, filed on September 30, 2024, includes transactions related to phantom stock units and common stock.
  • Skiadas acquired phantom stock units at a price of $118.78 per unit.
  • He also holds 109,506.43 shares of common stock indirectly through a deferred compensation plan, which includes phantom stock acquired through dividend reinvestment.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are standard practice for corporate insiders to report changes in their ownership of company securities, providing transparency to investors.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the CFO's holdings in the company.

Key Dates

DateDescription
09/26/2024Date of the earliest transaction reported.
09/30/2024Date the Form 4 was signed.

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