Verizon executive granted 42.476 phantom stock units

Verizon Communications Inc. senior vice president and controller Mary-Lee Stillwell reported an indirect grant of 42.476 phantom stock (unitized) units under a deferred compensation plan on 2026-08-13.

Rhea-AI Filing Summary

Verizon Communications Inc. senior vice president and controller Mary-Lee Stillwell reported an indirect grant of 42.476 phantom stock (unitized) units under a deferred compensation plan on 2026-08-13. Each phantom stock unit is economically tied to common stock and is settled in cash, becoming payable upon specified plan events. Following this award, her indirect holdings in the plan total 17,061.448 phantom stock units, including amounts acquired through dividend reinvestment.

Insider Trade Summary

Grant/Award: 42.476 shares

Grant/Award 1 txn

Insider Stillwell Mary-Lee

Role SVP and Controller

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock (unitized) F1, F2	42.476	$13.76	$584.47

Holdings After Transaction: Phantom Stock (unitized) — 17,061.448 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.

Key Figures

Phantom stock units acquired: 42.4760 units Price per phantom stock unit: 13.7600 Total phantom stock units after transaction: 17061.4480 units +1 more

4 metrics

Phantom stock units acquired 42.4760 units Grant, award, or other acquisition on 2026-08-13

Price per phantom stock unit 13.7600 Reported transaction price per unit, cash-settled phantom stock

Total phantom stock units after transaction 17061.4480 units Indirect holdings via Deferred Compensation Plan following grant

Underlying common stock equivalent 12.0000 shares Underlying common stock associated with the phantom stock units

Key Terms

Phantom Stock (unitized), Deferred Compensation Plan, dividend reinvestment

3 terms

Phantom Stock (unitized) financial

"Each share of phantom stock is the economic equivalent of a portion of one share"

Deferred Compensation Plan financial

"The shares of phantom stock become payable upon events established in accordance with the deferred compensation plan"

A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.

dividend reinvestment financial

"Includes phantom stock acquired through dividend reinvestment"

Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.

FAQ

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

What insider transaction did Verizon (VZ) report for Mary-Lee Stillwell?

Mary-Lee Stillwell, SVP and Controller of Verizon Communications Inc., reported an indirect grant of 42.476 phantom stock (unitized) units under a deferred compensation plan on 2026-08-13, linked economically to Verizon common stock and settled in cash.

How many phantom stock units does the Verizon (VZ) executive hold after this Form 4?

After the reported transaction, Mary-Lee Stillwell holds 17,061.448 phantom stock (unitized) units indirectly through a deferred compensation plan, reflecting the new 42.476-unit grant and prior balances, including units from dividend reinvestment.

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

For this Verizon executive, each phantom stock (unitized) unit is the economic equivalent of a portion of one share of common stock but is settled in cash and becomes payable upon events specified under the deferred compensation plan.

Is the Verizon (VZ) insider’s phantom stock transaction a direct or indirect holding?

The reported 42.476 phantom stock units are held indirectly by Mary-Lee Stillwell through a Deferred Compensation Plan, as noted by the "By Deferred Compensation Plan" nature of ownership designation.

Were Verizon (VZ) dividends involved in the reported phantom stock holdings?

Yes. The total 17,061.448 phantom stock units held after the transaction includes phantom stock acquired through dividend reinvestment, indicating that plan dividends are reinvested into additional phantom stock units.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 08/14/2026 - 04:08 PM EDT 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^*

Stillwell Mary-Lee

(Last) (First) (Middle)

VERIZON COMMUNICATIONS INC.

1095 AVENUE OF THE AMERICAS

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	SVP and Controller

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)	08/13/2026		A		42.476		(1)	(1)	Common Stock	12	$13.76	17,061.448(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 Mary-Lee Stillwell	08/14/2026
	** 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.
* Form 4: SEC 1474 (03-26)