Form 4: Verizon Executive Reports Phantom Stock Acquisition

Verizon EVP and CFO Anthony T. Skiadas reported the acquisition of phantom stock units valued at $144,943.24, acquired on July 1, 2026, as part of a deferred compensation plan.

Summary

• Anthony T. Skiadas, Executive Vice President and Chief Financial Officer of Verizon Communications Inc., has reported a transaction involving phantom stock.
• The transaction, dated July 1, 2026, involved the acquisition of phantom stock units.
• The value of the acquired phantom stock is $144,943.24.
• These phantom stock units are the economic equivalent of a portion of one share of common stock and will be settled in cash.
• The phantom stock becomes payable upon events established by the reporting person under the deferred compensation plan.
• The filing also notes that the acquisition includes phantom stock acquired through dividend reinvestment.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports a standard executive compensation transaction without indicating significant positive or negative developments for the company.

Positives

• The acquisition of phantom stock indicates continued investment and participation in the company's long-term incentive plans by a key executive.
• The value of the phantom stock acquired ($144,943.24) suggests a significant component of executive compensation tied to company performance or long-term value.

Future Outlook

The phantom stock becomes payable upon events established by the reporting person in accordance with the deferred compensation plan, indicating future cash settlement based on specific triggers.

Industry Context

StockSavvy.ai notes that executive compensation structures involving phantom stock and deferred compensation plans are common within the telecommunications industry, aligning executive interests with long-term shareholder value and providing retention incentives.

Stakeholder Impact

• Shareholders: The transaction reflects standard executive compensation practices and does not immediately impact share price, but it signifies executive commitment to the company's long-term prospects.
• Employees: The use of phantom stock and deferred compensation plans is a common incentive tool that can motivate and retain key personnel.
• Management: The acquisition reinforces the alignment of executive interests with those of the company and its shareholders.

Next Steps

• The phantom stock will be settled in cash upon the occurrence of events established by the reporting person in accordance with the deferred compensation plan.

Key Dates

Keywords

Verizon Communications, VZ, Form 4, Insider Trading, Executive Compensation, Phantom Stock, Deferred Compensation, Anthony T. Skiadas, EVP and CFO