Verizon Communications (NYSE:VZ) CEO Sells $54,978.00 in Stock
MarketBeat
Verizon Communications Inc. (NYSE:VZ - Get Free Report) CEO Kyle Malady sold 1,100 shares of the firm's stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $49.98, for a total transaction of $54,978.00. Following the completion of the transaction, the chief executive officer directly owned 106,566 shares in the company, valued at approximately $5,326,168.68. This represents a 1.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
NYSE:VZ