STOCK TITAN

Verizon (VZ) CFO Anthony Skiadas converts RSUs, withholds shares for taxes

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Verizon Communications EVP and CFO Anthony T. Skiadas reported equity award activity involving restricted stock units and common shares. On February 27, 2026, he exercised or converted RSUs from his 2023, 2024, and 2025 awards into Verizon common stock, consistent with his compensation program.

These derivative exercises delivered multiple blocks of common shares at a price of $0.00 per share, while several tax-withholding dispositions occurred at $50.14 per share to cover associated obligations. After these transactions, Skiadas directly held 209,387 Verizon common shares and indirectly held 2,945 shares through a 401(k) plan.

Positive

  • None.

Negative

  • None.
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 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 CFO
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
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
Common Stock 02/27/2026 M 36,234 A (1) 197,457 D
Common Stock 02/27/2026 F 17,683 D $50.14 179,774 D
Common Stock 02/27/2026 M 32,104 A (1) 211,878 D
Common Stock 02/27/2026 F 15,667 D $50.14 196,211 D
Common Stock 02/27/2026 M 28,921 A (1) 225,132 D
Common Stock 02/27/2026 F 15,745 D $50.14 209,387 D
Common Stock 2,945 I By 401(k)
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
Restricted Stock Units - 2023 Award (1) 02/27/2026 M 36,234 (2) (2) Common Stock 36,234 (1) 0 D
Restricted Stock Units - 2024 Award (1) 02/27/2026 M 32,104 (3) (3) Common Stock 32,104 (1) 32,104 D
Restricted Stock Units - 2025 Award (1) 02/27/2026 M 28,921 (4) (4) Common Stock 28,921 (1) 57,841 D
Explanation of Responses:
1. Each Restricted Stock Unit (RSU) represents the right to receive one share of common stock on the payment date with respect to the date that the RSU vests.
2. Subject to the terms of the RSU Agreement, the RSUs vest in three equal annual installments beginning on March 1, 2024.
3. Subject to the terms of the RSU Agreement, the RSUs vest in three equal annual installments beginning on March 1, 2025.
4. Subject to the terms of the RSU Agreement, the RSUs vest in three equal annual installments beginning on March 1, 2026.
Remarks:
Evgeniya Berezkina, Attorney-in-fact for Anthony T. Skiadas 03/03/2026
** 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.

FAQ

What did Verizon (VZ) CFO Anthony Skiadas report in this Form 4 filing?

Anthony T. Skiadas reported RSU-related transactions converting awards into Verizon common shares and share dispositions for tax withholding. These transactions reflect routine equity compensation activity rather than open-market buying or selling of Verizon stock.

How many Verizon (VZ) shares does CFO Anthony Skiadas hold after the reported transactions?

After the reported RSU exercises and tax-withholding dispositions, Anthony T. Skiadas directly holds 209,387 Verizon common shares and indirectly holds 2,945 shares through a 401(k) plan, as disclosed in the Form 4 ownership tables.

Were Verizon (VZ) shares sold on the open market in this Anthony Skiadas Form 4?

The filing shows share dispositions coded as F, meaning shares were withheld at $50.14 per share to pay tax liabilities tied to equity awards. These are not described as open-market sales, but as tax-withholding transactions.

What do the restricted stock unit (RSU) awards for Verizon (VZ) CFO represent?

Each restricted stock unit represents the right to receive one share of Verizon common stock on the payment date when the RSU vests. The footnotes state these RSUs vest in three equal annual installments beginning on March 1, 2024, 2025, and 2026, respectively.

Which types of transactions are shown in Anthony Skiadas’ Verizon (VZ) Form 4?

The Form 4 shows RSU derivative exercises or conversions coded M and tax-withholding dispositions coded F. The data classify these as acquisitions of common stock from awards and disposals solely to satisfy related tax or exercise obligations.

How many restricted stock units did the Verizon (VZ) CFO exercise or convert in this filing?

The filing shows derivative transactions in RSUs labeled 2023, 2024, and 2025 awards, with share amounts of 36,234, 32,104, and 28,921 units, respectively. Each unit corresponds to one share of Verizon common stock upon vesting and payment.
Verizon Comms

NYSE:VZ

VZ Rankings

VZ Latest News

VZ Latest SEC Filings

VZ Stock Data

211.47B
4.21B
Telecom Services
Telephone Communications (no Radiotelephone)
Link
United States
NEW YORK