Form 4: Verizon SVP and Controller, Stillwell Mary-Lee, Reports Changes in Beneficial Ownership
SEC Filing Form 4
Mary-Lee Stillwell, SVP and Controller at Verizon Communications Inc., reported changes in beneficial ownership of phantom stock and common stock through a deferred compensation plan on July 18, 2024.
Summary
- Mary-Lee Stillwell, a Senior Vice President and Controller at Verizon Communications Inc., filed a Form 4 with the SEC.
- The filing reports changes in her beneficial ownership of Verizon securities.
- On July 18, 2024, Stillwell acquired phantom stock units and holds them indirectly through a deferred compensation plan.
- She acquired 39.417 shares of phantom stock.
- She also indirectly owns 7,622.381 shares of common stock, including phantom stock acquired through dividend reinvestment.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on market sentiment.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of company executives.
Key Dates
| Date | Description |
|---|---|
| 07/18/2024 | Date of transaction involving phantom stock acquisition |
| 07/22/2024 | Date of signature on the Form 4 filing |
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