Were Hans Erik Vestberg’s Verizon (VZ) share sales open-market transactions?

Yes, the filing characterizes the transactions as open-market sales. The Form 4 uses code “S,” described as a sale in open market or private transaction, and discloses a weighted average sale price with a detailed intraday price range.

Hans Vestberg trims Verizon (NYSE: VZ) stake with 225,000-share sale

Filing Impact

(Very High)

Filing Sentiment

(Very Negative)

Form Type

Rhea-AI Filing Summary

Verizon Communications director Hans Erik Vestberg reported open-market sales of 225,000 shares of Verizon common stock. On February 24, 2026, he sold 200,000 directly held shares and 25,000 shares held indirectly through two trusts, all at a weighted average price of $49.614 per share.

The filing notes these sales occurred in multiple trades at prices ranging from $49.395 to $49.865 per share. After the transactions, Vestberg directly holds 145,069 shares, with additional indirect holdings of 13,024 and 13,023 shares in two trusts and 307,315 shares held by grantor retained annuity trusts.

Insider Trade Summary

Net Seller: 225,000 shares ($11,163,150)

Net Sell 4 txns

Insider Vestberg Hans Erik

Role Director

Sold 225,000 shs ($11.16M)

Type	Security	Shares	Price	Value
Sale	Common Stock	200,000	$49.614	$9.92M
Sale	Common Stock	12,500	$49.614	$620K
Sale	Common Stock	12,500	$49.614	$620K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 145,069 shares (Direct); Common Stock — 13,024 shares (Indirect, By trust 1)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/25/2026 - 04:14 PM

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^*

Vestberg Hans Erik

(Last)

(First)

(Middle)

VERIZON COMMUNICATIONS INC.

1095 AVENUE OF THE AMERICAS

(Street)

NEW YORK

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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/24/2026		S		200,000	D	$49.614⁽¹⁾	145,069	D
Common Stock	02/24/2026		S		12,500	D	$49.614⁽¹⁾	13,024	I	By trust 1
Common Stock	02/24/2026		S		12,500	D	$49.614⁽¹⁾	13,023	I	By trust 2
Common Stock								307,315	I	By grantor retained annuity trusts

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices per share ranging from $49.395 to $49.865. The reporting person will provide to Verizon Communications Inc., any security holder of Verizon Communications Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.

Remarks:

	Evgeniya Berezkina, Attorney-in-fact for Hans Erik Vestberg	02/25/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Hans Erik Vestberg report at Verizon (VZ)?

Hans Erik Vestberg reported selling 225,000 shares of Verizon common stock in open-market transactions. The sales occurred on February 24, 2026, and involved both directly held shares and shares held indirectly through two trusts associated with him.

At what price did Hans Erik Vestberg sell Verizon (VZ) shares?

The reported weighted average sale price was $49.614 per Verizon share. Transactions were executed in multiple trades, with individual prices ranging from $49.395 to $49.865 per share, as disclosed in the Form 4 filing’s pricing footnote.

How many Verizon (VZ) shares does Hans Erik Vestberg hold after the sale?

After the reported sales, Hans Erik Vestberg directly holds 145,069 Verizon common shares. He also has indirect holdings through two trusts, with 13,024 and 13,023 shares, plus 307,315 shares held by grantor retained annuity trusts.

How many Verizon (VZ) shares did Hans Erik Vestberg sell directly versus through trusts?

Hans Erik Vestberg sold 200,000 Verizon shares held directly in his own name. He also sold 25,000 additional shares indirectly, split evenly as 12,500 shares from each of two trusts identified as holding Verizon common stock for his benefit.