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 and adjustments to holdings through a deferred compensation plan.

Summary

• Anthony T. Skiadas, EVP and CFO of Verizon Communications Inc., filed a Form 4 on May 9, 2025, reporting changes in beneficial ownership.
• The report details the acquisition of 139.108 units of phantom stock at $12.44 per unit on May 8, 2025.
• Skiadas's holdings include 124,778.164 shares of common stock held indirectly through a deferred compensation plan, including phantom stock acquired through dividend reinvestment.
• The phantom stock units are the economic equivalent of Verizon common stock and are settled in cash upon events established by the reporting person in accordance with the deferred compensation plan.

Sentiment

Score: 5

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

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock. This filing indicates changes in the holdings of a key executive at Verizon.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the holdings of a key executive.

Key Dates

Keywords

Form 4, Beneficial Ownership, Verizon, Skiadas, Phantom Stock, Deferred Compensation, VZ