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

EVP and CFO of Verizon, Anthony T. Skiadas, reports acquisition of phantom stock units through a deferred compensation plan.

Summary

• Anthony T. Skiadas, EVP and CFO of Verizon Communications Inc., filed a Form 4 on April 25, 2025, reporting changes in beneficial ownership.
• The report indicates the acquisition of 141.671 units of phantom stock on April 24, 2025, through a deferred compensation plan.
• Each phantom stock unit is economically equivalent to one share of Verizon's common stock and is settled in cash.
• The total number of phantom stock units beneficially owned following the reported transaction is 122,736.268, which includes units acquired through dividend reinvestment.

Sentiment

Score: 5

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

Positives

• The acquisition of phantom stock through a deferred compensation plan aligns the executive's interests with the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and ownership.

Key Dates

Keywords

Form 4, beneficial ownership, phantom stock, deferred compensation, Verizon, Skiadas, executive compensation