Verizon (VZ) grants 84,926 special RSUs to EVP and Chief Legal Officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Verizon Communications Inc. granted Executive Vice President and Chief Legal Officer Vandana Venkatesh a 2026 award of 84,926 Special Restricted Stock Units (RSUs) on February 4, 2026. Each RSU represents the right to receive one share of Verizon common stock, plus accrued dividends, when it is paid.
Under the award terms, these RSUs are scheduled to vest on December 31, 2027, subject to the RSU agreement conditions. Following this grant, Venkatesh beneficially owns 84,926 derivative securities directly in the form of these RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Venkatesh Vandana
Role
EVP and Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Special Restricted Stock Units - 2026 Award | 84,926 | $0.00 | -- |
Holdings After Transaction:
Special Restricted Stock Units - 2026 Award — 84,926 shares (Direct)
Footnotes (1)
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FAQ
What equity award did Verizon (VZ) grant to EVP and Chief Legal Officer Vandana Venkatesh?
Verizon granted Vandana Venkatesh 84,926 Special Restricted Stock Units (RSUs) as a 2026 equity award. These RSUs give her the right to receive Verizon common shares, plus accrued dividends, when the units are paid after vesting.
When do Vandana Venkatesh’s 84,926 Verizon (VZ) RSUs vest?
The 84,926 RSUs granted to Vandana Venkatesh are scheduled to vest on December 31, 2027. Vesting is subject to the terms and conditions of the RSU Agreement that governs this 2026 special restricted stock unit award.
How many Verizon (VZ) derivative securities does Vandana Venkatesh own after this award?
After this transaction, Vandana Venkatesh beneficially owns 84,926 derivative securities directly. These consist entirely of the newly granted Special Restricted Stock Units linked to Verizon common stock under the 2026 equity award.
What does each Verizon (VZ) Restricted Stock Unit represent in Venkatesh’s award?
Each RSU in this award represents the right to receive one share of Verizon common stock, plus accrued dividends. The shares and dividends are delivered on the payment date associated with the vesting date of each Restricted Stock Unit.
Was there a purchase price for Vandana Venkatesh’s Verizon (VZ) RSU grant?
The Form 4 shows a transaction price of $0 for the 84,926 Special Restricted Stock Units. This reflects that the RSUs were granted as part of compensation rather than purchased in the open market for cash consideration.
Is Vandana Venkatesh’s Verizon (VZ) RSU award held directly or indirectly?
The filing indicates these 84,926 Special Restricted Stock Units are held with direct ownership. No trust, partnership, or other indirect holding structure is referenced in the nature of ownership for this transaction.