Form 4: Verizon Executive Reports Phantom Stock Acquisition

Verizon EVP and Group CEO Alfonso Villanueva Rodriguez acquired 77.643 units of phantom stock via a deferred compensation plan.

Summary

• Alfonso Villanueva Rodriguez, EVP & Int. Group CEO-VZ Cons. & CTO, acquired 77.643 units of phantom stock.
• The transaction occurred on April 23, 2026, at a price of $13.47 per unit.
• The acquisition was made through a deferred compensation plan.
• Following this transaction, the reporting person holds a total of 6,085.988 units of phantom stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding executive compensation.

Positives

• Continued participation in the company's deferred compensation plan by a senior executive indicates alignment with long-term company interests.

Negatives

• None identified.

Risks

• Phantom stock value is tied to the performance of Verizon common stock, exposing the executive to market volatility.

Future Outlook

Not applicable as this is a routine insider transaction report.

Industry Context

StockSavvy.ai notes that routine insider transactions via deferred compensation plans are standard corporate governance practices and generally do not signal shifts in company strategy or outlook.

Comparison to Industry Standards

• The transaction is consistent with standard executive compensation and retention practices observed at large-cap telecommunications firms like AT&T and T-Mobile.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine internal compensation adjustment.

Next Steps

• No future actions or milestones were disclosed in this filing.

Key Dates

Keywords

Verizon, VZ, Form 4, Insider Trading, Phantom Stock, Deferred Compensation