Verizon (NYSE, Nasdaq: VZ) released preliminary voting results from its May 21, 2026 annual shareholder meeting, held virtually.
Shareholders elected all nine director nominees to one-year terms, approved executive compensation, the 2026 long-term incentive plan, and ratified Ernst & Young LLP as independent auditor.
Two shareholder proposals on climate oversight reporting and a mandatory independent Board Chair policy were defeated, while a proposal on non-fiduciary compensation metrics was withdrawn. Verizon reported 2025 revenue of $138.2 billion.
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News Market Reaction – VZ
+0.94%
+0.94%Session close to close
In the May 21 session, VZ gained 0.94%, reflecting a mild positive market reaction.
This announcement centers on routine 2026 annual meeting outcomes: all nine directors were elected, ...
Analysis
This announcement centers on routine 2026 annual meeting outcomes: all nine directors were elected, three management proposals were approved, and two shareholder proposals were defeated, alongside a reminder that Verizon generated $138.2 billion in 2025 revenue. In context of recent debt tenders and note issuances under its effective S-3ASR shelf, the news underscores continuity in governance and compensation structures. Investors would typically watch future filings and board actions for any substantive strategy or capital allocation shifts.
Key Figures
Directors elected:9 directorsManagement proposals approved:3 proposalsShareholder proposals defeated:2 proposals+2 more
5 metrics
Directors elected9 directorsNine Verizon director nominees elected to one-year terms at 2026 annual meeting
Announced cash tender offers and consent solicitations for 20 note series.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Pattern Detected
Recent Verizon headlines show mixed price reactions: debt and strategic announcements sometimes coincided with small declines, while informational reports occasionally aligned with modest gains.
Recent Company History
Over the last few weeks, Verizon issued several financing and strategic updates. On May 11, it launched tender offers and consent solicitations for 20 note series, and on May 20 it announced redemption of $1,295,282,000 of 4.329% notes due 2028. Other news highlighted innovation programs and the industry-wide DBIR report. Against this backdrop of routine capital structure management and technology initiatives, today’s annual meeting voting results represent another governance-focused, non-operational development.
Key Terms
proxy statement, long-term incentive plan, independent registered public accounting firm
3 terms
proxy statementregulatory
"compensation of the company’s named executive officers as described in the 2026 proxy statement"
A proxy statement is a document companies send to shareholders ahead of a meeting that lays out the items up for a vote—like who will sit on the board, executive pay, and major corporate decisions—and provides background so shareholders can decide how to cast their votes or appoint someone to vote for them. Think of it as an agenda plus a ballot and briefing notes, important because the outcomes can change control, strategy, and value.
"Approved the company’s 2026 long-term incentive plan; andRatified the appointment"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
independent registered public accounting firmregulatory
"Ratified the appointment of Ernst & Young LLP as the company’s independent registered public accounting firm."
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
NEW YORK, May 21, 2026 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) today announced the preliminary voting results from its 2026 annual meeting of shareholders. The meeting was conducted today in a virtual-only format.
Verizon’s shareholders elected each of Verizon’s nine director nominees to a one-year term. Shareholders also voted in favor of three additional management proposals:
Approved the compensation of the company’s named executive officers as described in the 2026 proxy statement;
Approved the company’s 2026 long-term incentive plan; and
Ratified the appointment of Ernst & Young LLP as the company’s independent registered public accounting firm.
Shareholders voted on two shareholder proposals and both were defeated:
Issue report on Board oversight of material issues related to climate change; and
Adopt mandatory Independent Board Chair policy.
The shareholder proposal regarding risks of non-fiduciary executive compensation metrics was withdrawn by the proponent and not presented at the annual meeting.
Vote tallies are considered preliminary until the final results are tabulated and certified by independent inspectors of election. The final results will be posted on Verizon’s website at www.verizon.com/about/investors.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $138.2 billion in 2025. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores.
What were the preliminary voting results from Verizon's 2026 annual shareholder meeting (VZ)?
Verizon reported that shareholders elected all nine director nominees and approved three management proposals. According to Verizon, these included executive compensation, the 2026 long-term incentive plan, and ratification of Ernst & Young LLP as independent auditor at the May 21, 2026 virtual meeting.
Which management proposals did Verizon (VZ) shareholders approve at the 2026 annual meeting?
Shareholders approved executive compensation, the 2026 long-term incentive plan, and Ernst & Young LLP as independent auditor. According to Verizon, all three management proposals received shareholder support in the preliminary voting results from the 2026 annual meeting.
What happened to the shareholder proposals at Verizon's 2026 annual meeting (VZ)?
Two shareholder proposals were defeated and one was withdrawn. According to Verizon, investors voted against proposals on climate-related Board oversight and an independent Board Chair, while a proposal on non-fiduciary compensation metrics was withdrawn before presentation.
Are Verizon's 2026 annual meeting voting results final for VZ shareholders?
The 2026 annual meeting results are preliminary until certified by independent inspectors. According to Verizon, final vote tallies will be posted on its investor relations website once tabulation and certification of the election results are complete.
How did Verizon (VZ) shareholders vote on executive compensation in 2026?
Shareholders approved the compensation of Verizon’s named executive officers for 2026. According to Verizon, this advisory vote was part of the management proposals that received shareholder support in the preliminary results of the 2026 annual meeting.
What revenue did Verizon (VZ) report for 2025 in the 2026 meeting update?
Verizon reported 2025 revenue of $138.2 billion. According to Verizon, this figure reflects the company’s global operations serving millions of customers and nearly all Fortune 500 companies, as referenced alongside the 2026 annual meeting voting update.
Where can investors find final 2026 Verizon (VZ) shareholder voting results?
Final 2026 voting results will be posted on Verizon’s investor relations website. According to Verizon, results become final only after independent inspectors of election tabulate and certify the vote, after which details will be available online.
