Verizon (NYSE: VZ) awards 84,926 special RSUs to EVP Joseph Russo

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.

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^*

Russo Joseph J.

(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&Pres-Global Networks&Tech

3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026

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
Special Restricted Stock Units - 2026 Award	(1)	02/04/2026		A		84,926		(1)	(1)	Common Stock	84,926	$0	84,926	D

Explanation of Responses:

1. 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.

Remarks:

	William L. Horton, Jr., Attorney-in-fact for Joseph J. Russo	02/06/2026
	** 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 Joseph J. Russo?

Verizon reported a grant of 84,926 Special Restricted Stock Units to executive Joseph J. Russo. The award was made on February 4, 2026, at a grant price of $0 per unit and is classified as a derivative security linked to Verizon common stock.

How many Verizon RSUs were granted to Joseph J. Russo in the 2026 award?

Joseph J. Russo received 84,926 Special Restricted Stock Units in Verizon’s 2026 award. These RSUs give him a future right to Verizon common shares, plus accrued dividends, subject to vesting conditions defined in the related RSU agreement.

When do Joseph J. Russo’s 2026 Verizon RSUs vest?

The Special Restricted Stock Units granted to Joseph J. Russo are scheduled to vest on December 31, 2027. Vesting must follow the terms of the RSU agreement, after which each vested unit delivers one Verizon common share plus related accrued dividends.

What does each Verizon RSU granted to Joseph J. Russo represent?

Each Restricted Stock Unit granted to Joseph J. Russo represents the right to receive one share of Verizon common stock. It also entitles him to accrued dividends, which are delivered on the payment date tied to the vesting date of the RSU award.

Is Joseph J. Russo’s RSU award in Verizon reported as directly owned?

Yes. The Form 4 reports Joseph J. Russo’s 84,926 Special Restricted Stock Units as directly owned. After this transaction, he beneficially owns 84,926 derivative securities, all classified as Special Restricted Stock Units associated with Verizon common stock.

What position does Joseph J. Russo hold at Verizon (VZ) in this Form 4?

In this Form 4, Joseph J. Russo is identified as an officer of Verizon Communications Inc. His title is EVP & President, Global Networks & Technology, reflecting a senior leadership role tied to the company’s network and technology operations.