Villanueva Rodriguez Alfonso, an executive at Verizon Communications Inc., has reported a transaction involving phantom stock. This filing, dated October 9, 2026, is significant as it reflects the ongoing compensation strategies employed within the telecommunications sector.
According to the filing, Alfonso acquired 131.364 units of phantom stock on October 8, 2026, at a price of $13.23 per unit. Following this transaction, Alfonso now holds a total of 7,599.208 shares, which includes phantom stock acquired through dividend reinvestment. The nature of ownership is described as being through a deferred compensation plan.
Background
Villanueva Rodriguez Alfonso is currently an executive officer at Verizon Communications Inc., a leading telecommunications company. Verizon operates under the SIC classification for telephone communications (no radio telephone). The company is publicly traded, with its stock symbol being VZ. Recent filings show ongoing activity, with the latest being on October 9, 2026.
What the Filing Says
The SEC filing indicates that Alfonso's transaction involved phantom stock, which is the economic equivalent of a portion of one share of common stock and is settled in cash. The filing states, "Each share of phantom stock is the economic equivalent of a portion of one share of common stock and is settled in cash." This reflects the company's approach to executive compensation and incentivization.
Impact
This transaction may affect various stakeholders, including shareholders and competitors in the telecommunications industry. As executive compensation becomes a focal point for many companies, Verizon's strategies could influence how other firms structure their own compensation plans.
What's Next
The filing does not say what happens next.