VERIZON COMMUNICATIONS INC 4

Vandana Venkatesh, EVP and Chief Legal Officer of Verizon, received an award of 101.906 phantom stock units under the company’s deferred compensation plan, bringing her total phantom holdings to 56,809.596 units.

On July 16, 2026, Vandana Venkatesh, EVP and Chief Legal Officer of Verizon Communications Inc., received an award of 101.906 units of phantom stock under the company’s deferred compensation plan at a reference value of approximately $12.53 per unit, for an implied transaction value of about $1,277. Following this award, she holds a total of 56,809.596 phantom stock units held indirectly through the deferred compensation plan, which are economically equivalent to portions of Verizon common shares but are settled in cash upon specified distribution events; based on Verizon’s current share price, the economic value of these phantom units is approximately $2.48 million. The filing notes that the total includes phantom stock acquired through dividend reinvestment, indicating this is a routine compensation and deferral-related accrual rather than an open-market trade.

Filing Facts

CIK

732712

Ticker

VZ

Form

4

Source Type

sec

Accession

0001950027-26-000038

Alert Tier

4