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Verizon Communications (VZ) Form 4: SVP & Controller Mary-Lee Stillwell reported the 31-Jul-2025 acquisition of 47.278 phantom stock units through the company鈥檚 Deferred Compensation Plan. Phantom units track Verizon鈥檚 common stock price but are cash-settled; no Verizon shares were bought or sold on the open market, so outstanding share count is unaffected.

The credit lifts Stillwell鈥檚 total phantom holdings to 12,140.674 units. As this is a routine, non-transactional compensation accrual with no direct equity movement, the filing carries minimal market impact for outside shareholders.

Form 4 filing for Verizon Communications (VZ) filed 08/01/2025: EVP & CFO Anthony T. Skiadas reported an automatic acquisition of 141.835 phantom-stock units on 07/31/2025 under the company鈥檚 deferred-compensation plan (transaction code 鈥淎鈥�). Each phantom unit economically tracks a fraction of one share of Verizon common stock but is cash-settled and therefore does not involve an open-market purchase or sale of equity.

After the transaction, Skiadas now indirectly owns 125,633.487 phantom-stock units through the plan. No direct common-stock holdings, option exercises, or share disposals were disclosed.

The event is routine, compensation-related, and does not affect Verizon鈥檚 share count or signal a directional view on the stock.

World Kinect (WKC) posted a sharp reversal in Q2-25. Revenue fell 17% YoY to $9.0 bn; six-month sales dropped 16% to $18.5 bn, reflecting lower volumes and prices across aviation, land and marine markets. Gross profit slipped 5% to $232 m while operating expenses ballooned to $578 m, driven by a $359 m goodwill write-down in the land segment, $32 m of marine asset impairments and $6 m of restructuring costs. As a result, WKC swung to an operating loss of $345 m and a net loss of $339 m (-$6.06 EPS) versus $108 m (+$1.81 EPS) profit a year ago.

Cash flow remained positive: $143 m was generated from operations, aided by working-capital releases and a $140 m deferred-tax benefit. Net debt declined $62 m to $415 m as total debt fell to $818 m; cash ended at $403 m. Equity, however, contracted 18% to $1.60 bn on the impairment and continued buybacks (1.3 m shares, $35 m) and higher quarterly dividend ($0.20, $11 m). Asset sales continued: the U.K. Watson Fuels unit was divested for $43 m, triggering an $82 m pre-tax loss. Management cited ongoing portfolio realignment and macro headwinds, warning of potential further charges.

• Q2 tax provision: $-110 m benefit; effective rate 24%
• OCI improved $73 m mainly on FX gains
• Liquidity: $1.5 bn undrawn revolver available

Key takeaway: impairments and softer demand erased profitability, though balance-sheet liquidity and cash generation remain intact as the company restructures its land operations.

Verizon Communications (VZ) 鈥� Form 4 filing, 07/31/2025

EVP & President, Global Networks & Technology Joseph J. Russo acquired 89.828 units of phantom stock through the company鈥檚 Deferred Compensation Plan. Phantom stock is cash-settled and represents the economic value of a portion of one VZ common share per unit; no actual shares were issued or traded.

• Transaction code: A (acquisition)
• Unit value: $12.20
• Total phantom units now held: 66,091.065 (indirect ownership)
• Units accrue via compensation deferral and dividend reinvestment; settlement occurs per plan elections.

The filing reflects routine executive compensation activity rather than open-market insider buying; therefore, it is unlikely to have a material impact on Verizon鈥檚 share count or market perception.

On 07/31/2025, Verizon Communications Inc. (VZ) EVP & Group CEO-VZ Business Kyle Malady filed a Form 4 reporting a routine change in deferred-compensation holdings.

• Security: Phantom stock units that mirror VZ common shares and are settled in cash.
• Units acquired: 141.835 (Transaction Code 鈥淎鈥� 鈥� acquisition, non-open-market).
• Stated unit value: $12.20.
• Total phantom units now held: 382,317.195, held indirectly through the company鈥檚 Deferred Compensation Plan.

No VZ common shares were bought or sold, and the transaction adds an immaterial dollar amount to the executive鈥檚 overall economic exposure. The filing appears to reflect dividend reinvestment or plan accrual rather than a discretionary insider purchase or sale, implying negligible impact on float, ownership concentration, or investor sentiment.

On 07/31/2025, Verizon Communications (VZ) EVP & Chief HR Officer Samantha Hammock filed a Form 4 disclosing the acquisition of 80.373 phantom-stock units through the company鈥檚 deferred-compensation plan. Each unit represents the economic value of a fraction of one Verizon common share and will be settled in cash at a later date. After this routine transaction鈥攍argely attributable to dividend reinvestment鈥擧ammock indirectly holds 27,520.269 phantom units (via the deferred-compensation plan). No open-market buying or selling of Verizon common stock occurred, making the filing administratively noteworthy but financially immaterial to shareholders.

On 07/31/2025, Verizon Communications Inc. (VZ) Chairman & CEO Hans Erik Vestberg filed a Form 4 disclosing the acquisition of additional deferred-compensation units.

• Derivative security: 217.48 phantom-stock units (Code 鈥淎鈥�).
• Economic exposure: Units represent cash-settled value linked to 62 VZ common shares; they do not increase the public share count.
• Reference price: $12.20 per phantom unit.
• Post-transaction balance: 195,347.745 phantom units held indirectly in the Verizon Deferred Compensation Plan.

No common shares were bought or sold; the filing reflects routine compensation deferral rather than discretionary investment. Given Verizon鈥檚 ~4.2 bn shares outstanding, the 62-share equivalent addition is immaterial and is unlikely to influence trading dynamics or insider-sentiment assessments.

Verizon鈥檚 Q2-25 10-Q shows steady top-line growth, margin stability and resilient cash generation. Operating revenue rose 5.2% YoY to $34.5 bn, driven by a 25% jump in wireless equipment sales; service revenue advanced 1.6% to $28.2 bn. Operating income improved 4.5% to $8.2 bn and net income attributable to Verizon climbed 8.9% to $5.0 bn. Diluted EPS increased to $1.18 from $1.09. For 1H-25, revenue grew 3.4% to $68.0 bn while EPS rose 7.3% to $2.34.

Cost discipline offset higher device volumes: SG&A fell 2.6% YoY and cost of services was flat. Operating margin held at 23.7% versus 23.8% a year ago. Cash provided by operations was $16.8 bn (+1%) against capex of $8.0 bn, yielding roughly $8.8 bn of free cash flow. Capex declined 1.5% despite continued C-Band build-out ($234 m spectrum spend).

Balance sheet shows total debt of $146 bn (鈫�$2.0 bn YTD) and cash of $3.4 bn (鈫�$0.8 bn). Verizon issued $2.3 bn of 5.25% 2035 notes, completed $3.4 bn of ABS issuances and executed $2.2 bn of note exchanges plus $0.5 bn tenders, partially offset by $4.1 bn redemptions. Equity rose to $104.4 bn.

Strategic moves include the pending $38.50-per-share acquisition of Frontier Communications (regulatory approvals outstanding) and a $1.0 bn deal for select UScellular spectrum. No forward guidance was provided.

On 21 Jul 2025 Verizon Communications Inc. filed a Current Report on Form 8-K (Item 2.02) to furnish a press release and accompanying financial tables that outline the company鈥檚 latest results of operations and financial condition. The filing states that the release (Exhibit 99) presents both GAAP figures and several non-GAAP metrics鈥擟onsolidated EBITDA, Consolidated Adjusted EBITDA (and growth forecast), Segment EBITDA/Margins, Adjusted EPS (and forecast), Free Cash Flow (and forecast) and Net Unsecured Debt leverage鈥攅ach with reconciliations to the corresponding GAAP measures.

Management explains the purpose of these non-GAAP measures and lists 2024 special items (severance, asset rationalization, legacy legal matter) that are excluded from Adjusted EBITDA and EPS. The company notes it cannot reasonably forecast special items for 2025, so reconciliations for forward-looking metrics are not provided. No absolute financial results, guidance figures or capital-markets actions are disclosed within the text of the 8-K itself. Exhibit 104 supplies the Inline XBRL cover-page data, and the report is signed by SVP & Controller Mary-Lee Stillwell.