Verizon CFO reports RSU conversions and tax share withholdings
Verizon Communications EVP and CFO Anthony T. Skiadas reported equity award activity involving restricted stock units and common shares.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units - 2023 Award | 36,234 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units - 2024 Award | 32,104 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units - 2025 Award | 28,921 | $0.00 | $0.00 |
| Exercise | Common Stock | 36,234 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 17,683 | $50.14 | $887K |
| Exercise | Common Stock | 32,104 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 15,667 | $50.14 | $786K |
| Exercise | Common Stock | 28,921 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 15,745 | $50.14 | $789K |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. 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.
- F2. Subject to the terms of the RSU Agreement, the RSUs vest in three equal annual installments beginning on March 1, 2024.
- F3. Subject to the terms of the RSU Agreement, the RSUs vest in three equal annual installments beginning on March 1, 2025.
- F4. Subject to the terms of the RSU Agreement, the RSUs vest in three equal annual installments beginning on March 1, 2026.
FAQ
What did Verizon (VZ) CFO Anthony Skiadas report in this Form 4 filing?
What do the restricted stock unit (RSU) awards for Verizon (VZ) CFO represent?
Which types of transactions are shown in Anthony Skiadas’ Verizon (VZ) Form 4?
How many restricted stock units did the Verizon (VZ) CFO exercise or convert in this filing?
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