[Form 4] VERIZON COMMUNICATIONS INC Insider Trading Activity

Rhea-AI Filing Summary

Samantha Hammock, Executive Vice President and Chief Human Resources Officer of Verizon Communications Inc. (VZ), reported acquisition of phantom stock units under the company deferred compensation plan. The Form 4 shows on 09/25/2025 an award of 79.285 phantom stock units, each unit representing the economic equivalent of a portion of one common share and settled in cash. The filing states Hammock now holds an indirect interest equal to 28,263.349 common share equivalents through the deferred compensation plan, which includes units acquired via dividend reinvestment.

Insights

Corporate Governance Expert

TL;DR: Insider acquired phantom stock via deferred compensation, aligning pay with company performance without immediate stock issuance.

The reported transaction is a non-derivative economic award under Verizon's deferred compensation plan, settled in cash rather than issuing shares. Such grants are common for senior executives and align compensation with long-term performance while avoiding immediate dilution. The filing discloses an indirect beneficial position of 28,263.349 share equivalents, including dividend reinvestment, which is material for disclosure but appears routine in governance terms.

Compensation & Benefits Analyst

TL;DR: This is a routine deferred-compensation crediting of phantom stock units to an executive's plan account.

The entry of 79.285 phantom units dated 09/25/2025 increases the reporting person’s deferred compensation balance. Phantom units are cash-settled and typically track the value of common stock; they do not immediately change outstanding shares. The disclosure that dividend reinvestment contributed to the total indicates ongoing plan mechanics rather than a separate cash purchase or open-market transaction.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Hammock Samantha

(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 & Chief HR Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/25/2025

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)	09/25/2025		A		79.285		(1)	(1)	Common Stock	23	$12.37	28,263.349(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 Samantha Hammock	09/26/2025
	** 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 transaction did Samantha Hammock report on Form 4 for VZ?

The Form 4 reports an acquisition on 09/25/2025 of 79.285 phantom stock units under Verizon's deferred compensation plan.

How are the phantom stock units settled?

Each phantom stock unit is the economic equivalent of a portion of one common share and is settled in cash according to the filing.

How many common share equivalents does Samantha Hammock beneficially own indirectly?

The filing shows an indirect beneficial ownership equal to 28,263.349 common share equivalents, which includes units from dividend reinvestment.

Does this Form 4 indicate issuance of actual Verizon common stock?

No. The filing specifies phantom stock (unitized) that is cash-settled and does not report issuance of actual common shares.

Who signed the Form 4 on behalf of the reporting person?

Evgeniya Berezkina signed as attorney-in-fact for Samantha Hammock on 09/26/2025.