Form 4: Verizon Director Shellye Archambeau Acquires Phantom Stock

Verizon Director Shellye L. Archambeau acquired 5,062 shares of phantom stock via the company's deferred compensation plan.

Summary

• Director Shellye L. Archambeau acquired 5,062 shares of phantom stock on April 1, 2026.
• The phantom stock is the economic equivalent of Verizon common stock and is settled in cash.
• The shares are held indirectly through a deferred compensation plan.
• Following this transaction, the director's total beneficial ownership of phantom stock is 73,919 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing reflecting standard director compensation activity.

Positives

• Demonstrates continued alignment of director interests with company performance through deferred compensation participation.

Negatives

• None identified; this is a routine disclosure of director compensation/equity participation.

Risks

• None identified; this is a standard administrative filing regarding director equity holdings.

Future Outlook

The phantom stock units become payable upon the director's termination of service with the company.

Industry Context

StockSavvy.ai notes that director participation in deferred compensation plans is a standard corporate governance practice among large-cap telecommunications firms to ensure long-term alignment with shareholder interests.

Comparison to Industry Standards

• The use of phantom stock for director compensation is consistent with standard practices at major S&P 500 companies like AT&T and T-Mobile.
• The filing follows standard SEC Section 16 reporting requirements for corporate insiders.

Corporate Governance

Stakeholder Impact

• No material impact on shareholders, employees, or customers.

Next Steps

• No further actions required; this is a completed transaction disclosure.

Key Dates

Keywords

Verizon, VZ, Director, Phantom Stock, Insider Trading, SEC Form 4, Deferred Compensation