Verizon executive granted phantom stock units

Verizon Communications executive Alfonso Villanueva Rodriguez reported an acquisition of deferred phantom stock units linked to Verizon common stock.

Rhea-AI Filing Summary

Verizon Communications executive Alfonso Villanueva Rodriguez reported an acquisition of deferred phantom stock units linked to Verizon common stock. On 02/12/2026, he acquired 74.154 units of phantom stock at $14.11 per unit through a deferred compensation plan. After this transaction, he indirectly held a total of 549.463 phantom stock units through the plan. Each phantom stock unit represents the economic equivalent of a portion of one Verizon common share, is settled in cash, and becomes payable upon events he has established under the deferred compensation plan. The total includes units accumulated through dividend reinvestment.

Insider Trade Summary

Grant/Award: 74.154 shares

Grant/Award 1 txn

Insider Villanueva Rodriguez Alfonso

Role EVP&Int.Group CEO-VZ Cons.&CTO

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock (unitized)	74.154	$14.11	$1K

Holdings After Transaction: Phantom Stock (unitized) — 549.463 contracts (Indirect, By Deferred Compensation Plan)

Footnotes (2)

1. F1. 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. F2. Includes phantom stock acquired through dividend reinvestment.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Verizon (VZ) executive Alfonso Villanueva Rodriguez report on this Form 4?

He reported an acquisition of phantom stock units through a deferred compensation plan. On 02/12/2026, 74.154 phantom stock units were credited, bringing his indirect plan balance to 549.463 units tied economically to Verizon common stock.

Is the Verizon (VZ) Form 4 transaction a stock purchase or sale?

The filing shows an acquisition of derivative securities, specifically phantom stock units, not an open-market stock purchase or sale. These units are credited under a deferred compensation plan and are settled in cash rather than actual Verizon common shares.

How many Verizon (VZ) phantom stock units does the executive hold after the transaction?

Following the reported transaction, the executive indirectly holds 549.463 phantom stock units. This total reflects the newly acquired 74.154 units on 02/12/2026, plus prior holdings, including units accumulated through dividend reinvestment in the deferred compensation plan.

What are phantom stock units in this Verizon (VZ) executive filing?

The phantom stock units are the economic equivalent of a portion of one Verizon common share and are settled in cash. Payment occurs upon events the executive has established under the deferred compensation plan, rather than through delivery of actual Verizon shares.

How is ownership of the Verizon (VZ) phantom stock units held in this Form 4?

Ownership is reported as indirect, held "By Deferred Compensation Plan." The units are credited to the executive’s account under that plan, rather than as directly held Verizon shares, and are ultimately settled in cash based on the plan’s terms.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/17/2026 - 03:36 PM EST Learn about SEC filing dates

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^*

Villanueva Rodriguez Alfonso

(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&Int.Group CEO-VZ Cons.&CTO

3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026

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)	02/12/2026		A		74.154		(1)	(1)	Common Stock	21	$14.11	549.463(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 Alfonso Villanueva Rodriguez	02/17/2026
	** 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.