Verizon executive granted 84,926 special RSUs
Verizon Communications executive receives special RSU grant Verizon Communications Inc. awarded EVP & President, Global Networks & Technology Joseph J. Russo 84,926 Special Restricted Stock Units as a 2026 award on February 4, 2026.
Rhea-AI Filing Summary
Verizon Communications executive receives special RSU grant
Verizon Communications Inc. awarded EVP & President, Global Networks & Technology Joseph J. Russo 84,926 Special Restricted Stock Units as a 2026 award on February 4, 2026. The units were granted at a price of $0 per unit and are reported as derivative securities.
Each unit represents the right to receive one share of Verizon common stock, plus accrued dividends, when the award vests. According to the award terms, these RSUs will vest on December 31, 2027, aligning Russo’s compensation with the company’s long-term performance.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Special Restricted Stock Units - 2026 Award | 84,926 | $0.00 | $0.00 |
Footnotes (1)
- F1. Each Restricted Stock Unit (RSU) represents the right to receive one share of common stock, plus accrued dividends, on the payment date with respect to the date that the RSU vests. Subject to the terms of the RSU Agreement, the RSUs will vest on December 31, 2027.
FAQ
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When do Joseph J. Russo’s 2026 Verizon RSUs vest?
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Is Joseph J. Russo’s RSU award in Verizon reported as directly owned?
What position does Joseph J. Russo hold at Verizon (VZ) in this Form 4?
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