Trade Summary
3 days ago, Vestberg Hans Erik, serving as Dir at Verizon Communications Inc (VZ), sold 225,000 shares at $49.61 per share, for a total transaction value of $11,163,150.00. Following this transaction, Vestberg Hans Erik now holds 478,431 shares of VZ.
This sale represents a 32.00% decrease in Vestberg Hans Erik's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Tuesday, February 24, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, February 25, 2026, 1 day after the trade was made.
Verizon Communications Inc operates in the COMMUNICATION SERVICES sector, specifically within the TELECOM SERVICES industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.