VERIZON COMMUNICATIONS INC 4
0001760581-26-000036
View on SEC EDGAREVP and Group CEO–VZ Business Kyle Malady received an award of 144.943 phantom stock units tied to Verizon Communications Inc. common stock through the company’s deferred compensation plan.
On July 1, 2026, Verizon Communications Inc. EVP and Group CEO–VZ Business Kyle Malady received an award of 144.943 units of phantom stock under the company’s deferred compensation plan, at a unit value of approximately $11.99, with each phantom unit economically equivalent to a portion of a share of Verizon common stock but payable only in cash at future distribution events. This award, which includes units acquired through dividend reinvestment, increased his indirect holdings in the deferred compensation plan to 417,555.748 phantom stock units. Using the issuer’s current stock price of about $41.84 as a proxy, the new phantom award is worth roughly $1,737 and his total deferred phantom holdings are economically equivalent to about $17.5 million of Verizon common stock exposure, although they will be settled in cash rather than shares.
Filing Facts
- CIK
- 732712
- Ticker
- VZ
- Form
- 4
- Source Type
- sec
- Accession
- 0001760581-26-000036
- Alert Tier
- 5