Verizon (NYSE: VZ) EVP credited 173 phantom stock units in plan

Rhea-AI Filing Summary

Verizon Communications executive Sampath Sowmyanarayan reported an award of 173.244 phantom stock (unitized) units credited on January 29, 2026. These derivative units are tied to Verizon common stock, with a reference price of $11.37 per unit.

Each phantom stock unit represents the economic equivalent of a portion of one Verizon common share and will be settled in cash under the company’s deferred compensation plan, based on payout events the executive has established. Following this transaction, his deferred compensation plan holds 134,973.787 phantom stock units, including units acquired through dividend reinvestment.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Sampath Sowmyanarayan

Role EVP and Group CEO-VZ Consumer

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock (unitized)	173.244	$11.37	$2K

Holdings After Transaction: Phantom Stock (unitized) — 134,973.787 shares (Indirect, By Deferred Compensation Plan)

Footnotes (1)

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. Includes phantom stock acquired through dividend reinvestment.

Form 4 Insider Transactions: What Each Field Means →

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)
01/29/2026

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)	01/29/2026		A		173.244		(1)	(1)	Common Stock	49	$11.37	134,973.787(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	01/30/2026
	** 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.

FAQ

What insider transaction did Verizon (VZ) executive Sampath Sowmyanarayan report?

He reported receiving 173.244 phantom stock (unitized) units on January 29, 2026. These units were credited to his deferred compensation plan and are economically linked to Verizon common stock but settled in cash under plan terms.

What is the nature of the phantom stock units reported at Verizon (VZ)?

Each phantom stock unit is the economic equivalent of a portion of one Verizon common share and is settled in cash. Payout occurs upon events the executive selected in accordance with the company’s deferred compensation plan rules.

How many Verizon (VZ) phantom stock units does Sampath Sowmyanarayan hold after this Form 4?

After the reported transaction, his deferred compensation plan holds 134,973.787 phantom stock units. This figure includes units earned through dividend reinvestment in addition to the newly credited 173.244 units on January 29, 2026.

Was the Verizon (VZ) Form 4 transaction a purchase or an award of phantom stock?

The Form 4 shows an acquisition coded "A" of 173.244 phantom stock units. These derivative units were credited under a deferred compensation arrangement rather than being an open-market stock purchase on an exchange.

How are Verizon (VZ) phantom stock units in this Form 4 held and reported?

The 173.244 phantom stock units are reported as indirectly owned, with the nature of ownership listed as "By Deferred Compensation Plan." This indicates the units are maintained within a company deferred compensation program for the executive.

Do Verizon (VZ) phantom stock units in this filing involve dividend reinvestment?

Yes. The total 134,973.787 phantom stock units reported as beneficially owned include phantom stock acquired through dividend reinvestment, in addition to the new 173.244 units credited on January 29, 2026.