Form 4: Verizon Executive Craig L. Silliman Reports Changes in Beneficial Ownership
SEC Filing
Craig L. Silliman, EVP & President of Verizon Global Services, filed a Form 4 detailing changes in his beneficial ownership of Verizon Communications Inc. securities.
Summary
- Craig L. Silliman, an executive at Verizon Communications Inc., reported changes in his beneficial ownership of the company's securities.
- The report, filed on May 28, 2024, details a transaction involving phantom stock acquired on May 23, 2024.
- Silliman directly owns common stock and indirectly owns phantom stock through a deferred compensation plan.
- Following the reported transaction, Silliman beneficially owns 343,794.105 shares of common stock, including phantom stock.
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 insider trading regulations, providing transparency into the transactions of company executives and their holdings in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 05/23/2024 | Date of the transaction involving phantom stock acquisition. |
| 05/28/2024 | Date the Form 4 was signed. |
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