Alfonso Villanueva Rodriguez, EVP and Group CEO-VZ Consumer at Verizon Communications Inc., filed a Form 4 on November 6, 2026, disclosing an acquisition of phantom stock units under the company's deferred compensation plan with a transaction date of November 5, 2026.

Key Highlights

  • Reporting person: Alfonso Villanueva Rodriguez, EVP and Group CEO-VZ Consumer at Verizon Communications Inc. (NYSE:VZ)
  • Security acquired: 131.982 units of Phantom Stock (unitized) on November 5, 2026, coded as an acquisition (A)
  • Underlying security: Each phantom stock unit is linked to Common Stock at a price of $13.17 per share, with 38 shares as the underlying amount
  • Beneficial ownership following transaction: 7,984.025 phantom stock units, held indirectly through the deferred compensation plan
  • Dividend reinvestment: The total beneficial ownership figure includes phantom stock acquired through dividend reinvestment, according to the filing
  • Settlement terms: The phantom stock becomes payable upon events established by the reporting person in accordance with the deferred compensation plan and is settled in cash

Verizon Executive's Deferred Compensation Plan Phantom Stock Activity

According to the Form 4 filed on November 6, 2026, Alfonso Villanueva Rodriguez, who serves as EVP and Group CEO-VZ Consumer of Verizon Communications Inc., reported an acquisition of 131.982 units of Phantom Stock (unitized) on November 5, 2026. The filing notes that the transaction was recorded under transaction code A, indicating an acquisition, and that the holding is indirect, held through the deferred compensation plan.

The filing explains that "each share of phantom stock is the economic equivalent of a portion of one share of common stock and is settled in cash." The shares of phantom stock, according to the filing, "become payable upon events established by the reporting person in accordance with the deferred compensation plan." The underlying security is Verizon's Common Stock, with 38 shares noted as the underlying amount at a price of $13.17.

Following the reported transaction, Villanueva Rodriguez beneficially owns 7,984.025 phantom stock units indirectly through the deferred compensation plan. The filing also notes that this total includes phantom stock acquired through dividend reinvestment. The Form 4 was signed by Evgeniya Berezkina as attorney-in-fact for Alfonso Villanueva Rodriguez on November 6, 2026.

What Was Disclosed

The filing disclosed an acquisition of 131.982 phantom stock units by Verizon's EVP and Group CEO-VZ Consumer on November 5, 2026, under the company's deferred compensation plan, bringing total indirect beneficial ownership to 7,984.025 units, settled in cash upon qualifying events.