Villanueva Rodriguez Alfonso 4

What Happened
Villanueva Rodriguez Alfonso, an EVP & International Group CEO / VZ Cons. & CTO at Verizon Communications (VZ), received an award of 72.297 phantom shares on 2026-03-26. The award is shown at a per‑share value of $14.47, for a total reported economic value of approximately $1,046. This was a compensation award (transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-03-26; Form 4 filed 2026-03-30 (timely; within the two business‑day window).
• Amount: 72.297 phantom shares at $14.47 each; total ~$1,046.
• Security type: Derivative — phantom stock (cash‑settled), not actual common shares.
• Shares owned after transaction: Not specified in the Form 4 provided.
• Footnotes:
  • F1 — Phantom shares are cash‑settled and payable under the deferred compensation plan upon events the reporting person selects.
  • F2 — Includes phantom stock acquired through dividend reinvestment.

Context
Phantom stock awards are a form of deferred compensation that track the economic value of company shares but are settled in cash when vested or paid; they do not transfer voting rights or actual shares. Such awards are routine compensation and do not directly indicate a personal purchase or sale of Verizon common stock.