Form 4: Verizon Executive Craig L. Silliman Reports Changes in Beneficial Ownership
SEC Filing
Craig L. Silliman, EVP & President of Verizon Global Services, reports changes in beneficial ownership of Verizon Communications Inc. securities, including phantom stock.
Summary
- Craig L. Silliman, an executive at Verizon Communications Inc., filed a Form 4 with the SEC.
- The filing reports changes in his beneficial ownership of Verizon securities.
- The reported transactions include the acquisition of phantom stock units and holdings through a deferred compensation plan.
- As of April 25, 2024, Silliman's holdings include 337,871.113 shares of common stock held indirectly through a deferred compensation plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates changes in the executive's holdings, which can be of interest to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 04/25/2024 | Date of the earliest transaction reported: acquisition of phantom stock. |
| 04/29/2024 | Date of signature for the report. |
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