Form 4: Verizon Executive Reports Phantom Stock Acquisition

Verizon EVP and CFO Anthony T. Skiadas acquired 126.219 phantom stock units on May 21, 2026, as part of a deferred compensation plan.

Summary

• Anthony T. Skiadas, Executive Vice President and Chief Financial Officer of Verizon Communications Inc., acquired 126.219 phantom stock units on May 21, 2026.
• These phantom stock units are economically equivalent to a portion of one share of common stock and will be settled in cash.
• The phantom stock units become payable upon events established by the reporting person under the deferred compensation plan.
• The acquisition includes phantom stock acquired through dividend reinvestment.
• Following this transaction, Mr. Skiadas beneficially owns 143,917.723 phantom stock units, held indirectly through a deferred compensation plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine executive compensation transaction rather than a significant strategic or financial event.

Positives

• Executive compensation aligns with long-term company value through phantom stock awards.
• Dividend reinvestment indicates continued accumulation of value within the deferred compensation plan.

Future Outlook

The phantom stock units are payable upon events established by the reporting person in accordance with the deferred compensation plan, indicating future cash settlement based on predetermined conditions.

Industry Context

StockSavvy.ai notes that the use of phantom stock and deferred compensation plans is a common practice among large telecommunications companies like Verizon to retain and incentivize senior executives by linking their compensation to the company's performance and stock value.

Stakeholder Impact

• Shareholders: The transaction reflects executive compensation practices and does not directly impact share count or immediate shareholder value, but signals executive commitment.
• Employees: May serve as an example of executive incentive structures within the company.
• Management: Reinforces the alignment of executive interests with long-term company performance.

Next Steps

• Settlement of phantom stock units in cash upon the occurrence of events established by the reporting person.

Key Dates

Keywords

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