VERIZON COMMUNICATIONS INC 4
0001968243-26-000038
View on SEC EDGARJoseph J. Russo, EVP & Pres–Global Networks & Tech of Verizon, was awarded 92.033 phantom stock units under a deferred compensation plan, bringing his indirect phantom holdings to 83,309.114 units.
On July 1, 2026, Joseph J. Russo, EVP & President–Global Networks & Technology of Verizon Communications Inc., received an automatic credit of 92.033 units of phantom stock at an implied value of approximately $11.99 per unit under the company’s deferred compensation plan, with each phantom unit economically equivalent to a portion of one share of Verizon common stock but settled in cash, resulting in total phantom holdings of 83,309.114 units held indirectly through the deferred compensation plan; this appears to be a routine, plan-based accrual that includes units acquired through dividend reinvestment rather than an open-market purchase or sale of common stock.
Filing Facts
- CIK
- 732712
- Ticker
- VZ
- Form
- 4
- Source Type
- sec
- Accession
- 0001968243-26-000038
- Alert Tier
- 4