Form 4: Verizon SVP Mary-Lee Stillwell Acquires Phantom Stock
Insider Transaction Report
Verizon Communications Inc. SVP and Controller Mary-Lee Stillwell acquired 45.639 units of phantom stock via a deferred compensation plan.
Summary
- Mary-Lee Stillwell, SVP and Controller of Verizon Communications Inc., acquired 45.639 units of phantom stock on June 4, 2026.
- The transaction was executed through a deferred compensation plan.
- Each unit of phantom stock is the economic equivalent of one share of common stock and is settled in cash.
- Following this transaction, the reporting person holds a total of 16,587.373 units of phantom stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine disclosure of executive compensation that does not signal a change in company strategy or financial health.
Positives
- Internal accumulation of equity-linked compensation by a senior executive indicates alignment with company performance.
Negatives
- None identified; this is a routine administrative transaction related to compensation.
Risks
- Phantom stock value is tied to the performance of Verizon common stock, exposing the holder to market volatility.
Future Outlook
No specific forward-looking guidance provided; the filing relates to routine executive compensation.
Industry Context
StockSavvy.ai notes that routine executive participation in deferred compensation plans is standard practice among large-cap telecommunications firms to ensure long-term alignment between management and shareholders.
Comparison to Industry Standards
- The transaction is consistent with standard executive compensation practices at major telecommunications companies like AT&T and T-Mobile.
- The use of phantom stock as a deferred compensation vehicle is a common industry practice for tax and retention purposes.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard compensation-related transaction.
Next Steps
- No future actions or milestones mentioned.
Key Dates
| Date | Description |
|---|---|
| 06/04/2026 | Date of the phantom stock acquisition transaction. |
| 06/05/2026 | Date of filing for the Form 4 statement. |
Keywords
Verizon, VZ, Insider Trading, Form 4, Phantom Stock, Executive Compensation
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