Verizon EVP Kyle Malady sells $50,325 in VZ common stock

On October 6, 2026, Verizon Communications Inc. Executive Vice President and Group CEO Kyle Malady sold 1,100 shares of the company's common stock. The transaction was completed at a price of $45.75 per share, resulting in a total sale amount of $50,325. This sale was executed in accordance with a pre-existing Rule 10b5-1 trading plan, which Malady had established on May 18, 2026.

After this sale, Malady personally holds 102,166 shares of Verizon common stock, in addition to 20,209 shares that are indirectly held through his 401(k) plan. It is worth noting that Verizon's stock price has fallen to $41.65, representing a nearly 9% decrease from the price at which Malady sold his shares. This sale comes as Verizon is facing various developments, including a positive assessment by KeyBanc regarding its performance indicators, with an expected third-quarter results that may align with projections.

Additionally, Verizon has reappointed Charles Phillips to its board of directors and recently settled a lawsuit with T-Mobile related to carrier switching advertisements. Despite these developments, Verizon maintains a Sector Weight rating from KeyBanc, with competitors AT&T and T-Mobile receiving upgraded ratings.