Form 4: Verizon Executive Stillwell Acquires 25,323 Restricted Stock Units
SEC Form 4 Filing
Mary-Lee Stillwell, SVP and Controller at Verizon, reports the acquisition of 25,323 Restricted Stock Units (RSUs) on March 18, 2025, according to a Form 4 filing.
Summary
- Mary-Lee Stillwell, a Senior Vice President and Controller at Verizon Communications Inc., filed a Form 4 with the SEC.
- The filing reports the acquisition of 25,323 Restricted Stock Units (RSUs) on March 18, 2025.
- Each RSU represents the right to receive one share of Verizon common stock, plus accrued dividends, upon vesting.
- The RSUs will vest in three equal annual installments starting on March 1, 2026.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any explicit positive or negative sentiment, simply reporting a transaction.
Future Outlook
The RSUs will vest in three equal annual installments beginning on March 1, 2026, indicating a future equity stake for the executive.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates an equity-based compensation component for a Verizon executive.
Stakeholder Impact
- The acquisition of RSUs by a Verizon executive could be viewed positively by shareholders as it aligns management's interests with the company's long-term performance.
Key Dates
| Date | Description |
|---|---|
| 03/18/2025 | Date of transaction: Acquisition of 25,323 Restricted Stock Units. |
| 03/01/2026 | Start date for vesting of the Restricted Stock Units in three equal annual installments. |
| 03/20/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Restricted Stock Units, RSU, Verizon, Stillwell, Beneficial Ownership, SEC Filing
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