Verizon (VZ) CFO Anthony Skiadas adds phantom stock in deferral plan

Rhea-AI Filing Summary

Verizon Communications executive Anthony T. Skiadas, EVP and CFO, reported a deferred compensation transaction involving phantom stock units of Verizon Communications Inc. On 12/31/2025, he acquired 149.514 units of phantom stock under a deferred compensation plan, as shown in the derivative securities table.

Each share of phantom stock is the economic equivalent of a portion of one share of common stock and is settled in cash, becoming payable upon events established by the reporting person in line with the plan. Following this transaction, Skiadas beneficially owned 131,429.398 phantom stock units indirectly through the deferred compensation plan, including units acquired through dividend reinvestment.

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
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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)
12/31/2025

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)	12/31/2025		A		149.514		(1)	(1)	Common Stock	43	$11.63	131,429.398(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 Anthony T. Skiadas	01/02/2026
	** 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 insider transaction did Verizon (VZ) report for Anthony T. Skiadas?

Anthony T. Skiadas, EVP and CFO of Verizon Communications Inc., reported acquiring 149.514 phantom stock units on 12/31/2025 under a deferred compensation plan.

How many Verizon (VZ) phantom stock units does Anthony T. Skiadas now beneficially own?

After the reported transaction, Anthony T. Skiadas beneficially owned 131,429.398 phantom stock units indirectly through Verizon’s deferred compensation plan.

What is phantom stock in the context of Verizon (VZ) executive compensation?

At Verizon, each phantom stock unit is the economic equivalent of a portion of one share of common stock and is settled in cash, not actual shares.

When do the Verizon (VZ) phantom stock units held by Anthony T. Skiadas become payable?

The phantom stock units become payable upon events established by Anthony T. Skiadas in accordance with Verizon’s deferred compensation plan.

Does the Verizon (VZ) phantom stock reported include dividend reinvestment?

Yes. The 131,429.398 phantom stock units beneficially owned by Anthony T. Skiadas include units acquired through dividend reinvestment.

Is the Verizon (VZ) insider transaction held directly or indirectly by Anthony T. Skiadas?

The reported phantom stock units are held indirectly by Anthony T. Skiadas through a Deferred Compensation Plan.