Verizon (VZ) EVP Kyle Malady receives new phantom stock award

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Verizon EVP Kyle Malady was granted 120.397 unitized phantom stock awards, valued at $14.44 per unit, as part of a deferred compensation plan. These units are economically tied to Verizon common stock but are settled in cash upon pre-established events, not through open-market transactions. Following this grant and dividend reinvestment, Malady’s deferred compensation account now holds 410,521.482 phantom stock units.

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