Verizon Communications (VZ) CEO Kyle Malady Sells $49K of Stock

Verizon Communications Inc. EVP and Group CEO-VZ Business Kyle Malady sold 1,100 shares of the company on October 20, 2026, according to a Form 4 filing with the SEC.

VZ Verizon Communications Inc.

$44.54 ▲ +17.24% year to date

1M 3M YTD

Daily close · Oct 20, 2026

Inside Kyle Malady's Verizon Trade

Malady disposed of 1,100 shares at a price of $44.48 each, bringing the total value of the transaction to $48,928. This pre-planned sale was executed under a Rule 10b5-1 trading plan. Following the transaction, Malady directly holds 99,966 shares of Verizon stock, representing a 1.09% reduction in ownership. Verizon shares closed at $44.54 on October 20, 2026.

Other Institutional Activity in Verizon Communications

Institutional investors have adjusted their holdings in Verizon recently. Summit Financial Strategies exited its position by selling 4,932 shares, ending with zero shares. Meanwhile, Y-Intercept acquired a new stake of 362,110 shares valued at about $16.6 million, and Euro Pacific Asset Management added 5,200 shares worth roughly $261,638.

Verizon Communications Inc. Stock Down 2.7%

Verizon shares recently traded around $43.76 as of October 21, 2026. On the day of Malady's trade, the stock closed at $44.54. The telecom provider has a 52-week low of $38.39 and a 52-week high of $51.68.

Recent Earnings

Verizon reported trailing-twelve-month revenue of $138.9 billion alongside earnings of $3.84 per share. The company posts a net profit margin of 11.6% and a return on equity of 15.8%. Investors will look toward the upcoming earnings release on October 26, 2026, for further details.

Dividend

The company pays an annual dividend rate of $2.83 per share, with a dividend yield of 6.41% and a payout ratio of 72.8%.

Insider Buying and Selling at Verizon Communications Inc.

Insiders at Verizon have been active throughout the year. Earlier on June 17, 2026, several executives including Joseph Russo, Villanueva Rodriguez Alfonso, and Vandana Venkatesh made smaller purchases of stock. Malady also completed a prior planned sale of 1,100 shares on October 13, 2026, at $42.93 per share.

Analysts Set New Price Targets

Wall Street analysts continue to review the stock. Scotiabank recently maintained its Sector Outperform rating with a price target of $50 on October 9, 2026, following a target of $51.5 on October 2. TD Cowen, Morgan Stanley, and RBC Capital also issued updates in July. The stock carries a consensus buy recommendation across 22 analyst opinions with a mean price target of $51.24.

About Verizon Communications

Verizon Communications provides communications, technology, information, and streaming services to consumers, businesses, and government clients globally. It operates through its Consumer and Business segments.

Bottom Line

This planned insider sale comes just ahead of Verizon's upcoming earnings report on October 26, 2026. Investors will monitor the report for updates on the telecom provider's business segments.