VERIZON COMMUNICATIONS INC 4

EVP Joseph J. Russo received an award of phantom stock units tied to Verizon common stock under a deferred compensation plan.

On July 30, 2026, Joseph J. Russo, EVP & President–Global Networks & Technology of Verizon Communications Inc., received an automatic credit of phantom stock units under the company’s deferred compensation plan, representing the economic equivalent of a portion of one share of common stock per phantom unit and including amounts acquired via dividend reinvestment. These phantom stock units are settled in cash and become payable upon distribution events previously elected by Russo under the plan, and do not reflect an open‑market purchase or sale of Verizon common stock. Following this award, he beneficially holds 83,481.068 units of phantom stock indirectly through the deferred compensation plan, with an estimated value of approximately $3.96 million based on the current Verizon share price as a proxy.

Filing Facts

CIK

732712

Ticker

VZ

Form

4

Source Type

sec

Accession

0001968243-26-000042

Alert Tier

5