Verizon director Vestberg vests 303K shares
Verizon Communications Inc. director Hans Erik Vestberg reported equity compensation activity in the company’s common stock.
Rhea-AI Filing Summary
Verizon Communications Inc. director Hans Erik Vestberg reported equity compensation activity in the company’s common stock. On February 11, 2026, he acquired 303,497 shares through the vesting of outstanding Performance Stock Units that were tied to performance criteria other than Verizon’s stock price. On the same date, 164,859 shares were disposed of at $48.97 per share to satisfy tax withholding obligations, leaving him with 345,069 directly held shares.
The filing also shows indirect ownership of 307,315 shares held by grantor retained annuity trusts and two additional trusts holding 25,524 and 25,523 shares, respectively. Footnotes explain that certain transfers between Vestberg and the grantor retained annuity trusts are treated as exempt under Rule 16a-13.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 303,497 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 164,859 | $48.97 | $8.07M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. These shares of common stock were issued upon the vesting of outstanding Performance Stock Units that were subject to performance criteria other than the issuer's stock price.
- F2. Reflects transfers of shares of common stock between the reporting person and grantor retained annuity trusts, which are exempt from Section 16 pursuant to Rule 16a-13.
FAQ
What insider transaction did Hans Erik Vestberg report for Verizon (VZ)?
What indirect Verizon (VZ) holdings are reported for Hans Erik Vestberg?
What do the footnotes in Vestberg’s Verizon (VZ) Form 4 explain?
AI-generated analysis. How Rhea-AI works. Not financial advice.