Verizon (VZ) EVP Vandana Venkatesh reports PSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Verizon Communications Inc. executive Vandana Venkatesh reported equity compensation activity in company stock. On February 11, 2026, she acquired 52,242 shares of common stock at no cost upon vesting of performance stock units that were tied to performance criteria other than Verizon’s stock price. On the same date, 23,710 shares were withheld and disposed of at $48.97 per share to cover tax obligations, leaving her with 59,673 shares of common stock held directly. She also has an additional 6,528 shares held indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Venkatesh Vandana
Role
EVP and Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 52,242 | $0.00 | -- |
| Tax Withholding | Common Stock | 23,710 | $48.97 | $1.16M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 83,383 shares (Direct);
Common Stock — 6,528 shares (Indirect, By 401(k))
Footnotes (1)
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FAQ
What insider transactions did VZ executive Vandana Venkatesh report?
Vandana Venkatesh reported vesting-related stock activity. She acquired 52,242 Verizon common shares from performance stock units and had 23,710 shares withheld at $48.97 per share to satisfy tax obligations, resulting in 59,673 shares held directly and 6,528 shares held indirectly via a 401(k) plan.
Was the Verizon (VZ) Form 4 transaction an open-market stock purchase or sale?
The reported Verizon transactions were not open-market trades. Shares were issued from vesting performance stock units, and a portion was disposed of through share withholding at $48.97 per share solely to cover tax liabilities associated with that vesting, rather than discretionary buying or selling.
What is Vandana Venkatesh’s role at Verizon (VZ) mentioned in the Form 4?
Vandana Venkatesh is listed as an officer of Verizon, serving as Executive Vice President and Chief Legal Officer. The Form 4 reflects her equity compensation activity in Verizon common stock associated with that executive role and its related performance-based stock unit awards.