VERIZON COMMUNICATIONS INC 4

Vandana Venkatesh, EVP and Chief Legal Officer of Verizon, received 97.587 units of cash-settled phantom stock under a deferred compensation plan, raising her total phantom units to 56,601.227.

On June 17, 2026, Vandana Venkatesh, EVP and Chief Legal Officer of Verizon Communications Inc., acquired 97.587 units of phantom stock through the company’s deferred compensation plan at an implied reference value of approximately $13.08 per unit, bringing her total phantom stock holdings to 56,601.227 units, which are economically equivalent to portions of Verizon common shares but are settled in cash and include amounts accrued via dividend reinvestment. Using the current Verizon share price of about $45.55 as a proxy, her post-transaction phantom stock position represents roughly $2.6 million in economic exposure, though it is structured as a cash-settled, non-trading, deferred compensation vehicle rather than open-market share ownership.

Filing Facts

CIK

732712

Ticker

VZ

Form

4

Source Type

sec

Accession

0001950027-26-000034

Alert Tier

5