VERIZON COMMUNICATIONS INC 4

Verizon CEO Daniel H. Schulman received 212.408 units of cash-settled phantom stock under a deferred compensation plan, bringing his indirect phantom holdings to 8,515.073 units.

On July 16, 2026, Verizon Communications Inc. CEO Daniel H. Schulman received an automatic credit of 212.408 units of phantom stock under the company’s deferred compensation plan at a reference value of approximately $12.53 per unit, for an implied value of about $2,660. This award, which is economically equivalent to a portion of a share of Verizon common stock per unit but is settled in cash rather than stock, appears to be routine, including amounts attributable to dividend reinvestment. Following this accrual, Schulman held a total of 8,515.073 phantom stock units held indirectly through the deferred compensation plan, representing an estimated value of roughly $106,700 based on the same reference value. The transaction is a non-open-market, compensation-related adjustment rather than a discretionary purchase or sale of Verizon common shares.

Filing Facts

CIK

732712

Ticker

VZ

Form

4

Source Type

sec

Accession

0001215315-26-000032

Alert Tier

4