Form 4: Verizon CFO Boosts Stake with Phantom Stock Acquisition

Verizon's EVP and CFO, Anthony T. Skiadas, acquired 139.437 phantom stock units through a deferred compensation plan, increasing his beneficial ownership.

Summary

• Anthony T. Skiadas, Executive Vice President and Chief Financial Officer of Verizon Communications Inc. (VZ), acquired 139.437 phantom stock units.
• The transaction occurred on August 14, 2025, as part of a deferred compensation plan.
• Each phantom stock unit is the economic equivalent of a portion of one share of common stock and is settled in cash.
• The acquisition was valued at $12.41 per phantom stock unit.
• Following this transaction, Skiadas beneficially owns a total of 127,737.009 phantom stock units, which includes units acquired through dividend reinvestment.

Sentiment

Score: 8

Explanation: The acquisition of additional phantom stock by a high-level executive like the CFO is a strong positive signal, indicating confidence in the company's future and aligning management's interests with shareholders.

Positives

• The acquisition of additional phantom stock by a key executive like the CFO indicates continued alignment of management's interests with shareholder value.
• Participation in a deferred compensation plan suggests a long-term commitment to the company's performance and future prospects.
• The increase in beneficial ownership, including through dividend reinvestment, reflects confidence in the company's ongoing financial health and strategic direction.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders may view this insider acquisition as a positive signal of management's confidence in the company's long-term prospects and commitment to value creation.

Key Dates

Recommendation

The acquisition of phantom stock by a high-level executive like the CFO signals strong insider confidence in Verizon's future performance and aligns management's financial interests with those of shareholders, suggesting a positive outlook for the stock.

Keywords

Verizon, VZ, Anthony T. Skiadas, Phantom Stock, Executive Compensation, SEC Form 4, Insider Trading, Deferred Compensation, Beneficial Ownership