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Verizon (VZ) EVP Sampath reports 166.553 phantom stock units, 134,285.935 total

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Verizon Communications Inc. executive Sowmyanarayan Sampath, EVP and Group CEO-VZ Consumer, reported a Form 4 insider transaction involving phantom stock under a deferred compensation plan. On 12/04/2025, the reporting person acquired 166.553 phantom stock (unitized) derivative securities at a price of $11.78, linked to 48 shares of common stock. After this transaction, the reporting person beneficially owned 134,285.935 phantom stock units, held indirectly through a deferred compensation plan. Each share of phantom stock is described as the economic equivalent of a portion of one share of common stock, is settled in cash, and becomes payable upon events established by the reporting person in line with the deferred compensation plan. The holdings include phantom stock acquired through dividend reinvestment.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sampath Sowmyanarayan

(Last) (First) (Middle)
VERIZON COMMUNICATIONS INC.
1095 AVENUE OF THE AMERICAS

(Street)
NEW YORK NY 10036

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
VERIZON COMMUNICATIONS INC [ VZ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP and Group CEO-VZ Consumer
3. Date of Earliest Transaction (Month/Day/Year)
12/04/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock (unitized) (1) 12/04/2025 A 166.553 (1) (1) Common Stock 48 $11.78 134,285.935(2) I By Deferred Compensation Plan
Explanation of Responses:
1. Each share of phantom stock is the economic equivalent of a portion of one share of common stock and is settled in cash. The shares of phantom stock become payable upon events established by the reporting person in accordance with the deferred compensation plan.
2. Includes phantom stock acquired through dividend reinvestment.
Remarks:
Evgeniya Berezkina, Attorney-in-fact for Sowmyanarayan Sampath 12/05/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Verizon (VZ) report in this Form 4?

The filing reports that Sowmyanarayan Sampath, EVP and Group CEO-VZ Consumer of Verizon Communications Inc., acquired 166.553 phantom stock (unitized) derivative securities on 12/04/2025 under a deferred compensation plan.

How many phantom stock units does the Verizon (VZ) executive now beneficially own?

Following the reported transaction, the executive beneficially owns 134,285.935 phantom stock units, held indirectly through a deferred compensation plan.

What is the economic nature of the phantom stock reported by Verizon (VZ)?

Each share of phantom stock is described as the economic equivalent of a portion of one share of common stock and is settled in cash rather than in actual shares.

When do the Verizon (VZ) phantom stock units become payable?

The phantom stock units become payable upon events established by the reporting person in accordance with the company’s deferred compensation plan.

Does the Verizon (VZ) phantom stock balance include dividend reinvestment?

Yes. The filing notes that the reported total includes phantom stock acquired through dividend reinvestment.

How is the Verizon (VZ) phantom stock position held by the executive classified?

The 134,285.935 phantom stock units are reported as being held indirectly, with the nature of ownership listed as By Deferred Compensation Plan.

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Telecom Services
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