Verizon Communications (NYSE: VZ) CFO granted more phantom stock units in plan

Rhea-AI Filing Summary

Skiadas Anthony T reported acquisition or exercise transactions in this Form 4 filing.

Verizon Communications EVP and CFO Anthony T. Skiadas received a grant of 132.072 unitized phantom stock units on 2026-07-30 through a deferred compensation plan. Each phantom unit is economically tied to a portion of a Verizon common share and is settled in cash, bringing his indirect plan balance to 144,602.0530 units, including amounts from dividend reinvestment.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Skiadas Anthony T

Role EVP and CFO

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock (unitized) F1, F2	132.072	$13.16	$2K

Holdings After Transaction: Phantom Stock (unitized) — 144,602.053 shares (Indirect, By Deferred Compensation Plan)

Footnotes (2)

1. F1. 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. F2. Includes phantom stock acquired through dividend reinvestment.

Key Figures

Phantom stock units awarded: 132.0720 units Reference value per phantom unit: $13.1600 Total phantom stock units after award: 144602.0530 units +2 more

5 metrics

Phantom stock units awarded 132.0720 units Unitized phantom stock credited on 2026-07-30

Reference value per phantom unit $13.1600 Reported value per phantom stock unit for this acquisition

Total phantom stock units after award 144602.0530 units Indirect phantom stock balance in deferred compensation plan following transaction

Underlying common stock equivalent 38.0000 shares Underlying Verizon common stock shares linked to this phantom stock grant

Transaction date 2026-07-30 Date the phantom stock units were credited

Key Terms

Phantom Stock (unitized), Deferred Compensation Plan, dividend reinvestment

3 terms

Phantom Stock (unitized) financial

"Security title reported as "Phantom Stock (unitized)""

Deferred Compensation Plan financial

"Nature of ownership noted as "By Deferred Compensation Plan""

A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.

dividend reinvestment financial

"Includes phantom stock acquired through dividend reinvestment."

Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/03/2026 - 12:41 PM Accepted by SEC EDGAR 08/03/2026 - 12:40 PM Learn about SEC filing dates

FAQ

What insider transaction did Verizon (VZ) report for CFO Anthony Skiadas?

Verizon reported that EVP and CFO Anthony T. Skiadas received 132.072 unitized phantom stock units on 2026-07-30. This award was credited to his deferred compensation plan, increasing his indirect phantom stock balance to 144,602.0530 units.

What are the key features of the phantom stock units reported by Verizon (VZ)?

Each phantom stock unit is the economic equivalent of a portion of one share of Verizon common stock and is settled in cash. The units become payable upon events established by Anthony Skiadas in accordance with the company’s deferred compensation plan.

How many Verizon (VZ) common shares does the new phantom stock award reference?

The reported phantom stock grant is economically linked to 38 underlying Verizon common shares. Although tied to common stock value, these phantom units are cash-settled and do not represent an immediate issuance of actual Verizon shares.

Was the Verizon (VZ) CFO’s phantom stock transaction under a Rule 10b5-1 plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not marked, meaning the company did not identify this phantom stock transaction as being executed pursuant to a Rule 10b5-1 trading plan.

How are the Verizon (VZ) CFO’s phantom stock holdings structured and reported?

The phantom stock units are held indirectly through a deferred compensation plan, with ownership reported as “By Deferred Compensation Plan.” The total of 144,602.0530 units includes additional phantom stock acquired through dividend reinvestment within the plan.

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^*

Skiadas Anthony T

(Last) (First) (Middle)

VERIZON COMMUNICATIONS INC.

1095 AVENUE OF THE AMERICAS

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(Country)

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 CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)	07/30/2026		A		132.072		(1)	(1)	Common Stock	38	$13.16	144,602.053(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 Anthony T. Skiadas	08/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)