Verizon (NYSE: VZ) EVP Russo sells 9,579 shares at $44.88

Rhea-AI Filing Summary

Verizon Communications executive vice president and president of Global Networks & Technology Joseph J. Russo sold 9,579 shares of common stock on February 2, 2026 at a weighted average price of $44.88 per share, in multiple trades between $44.725 and $44.88. After the sale, he beneficially owned 44,045 shares directly and 6,311 shares indirectly through a 401(k) plan, which includes stock acquired via 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

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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^*

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)
02/02/2026

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
Common Stock	02/02/2026		S		9,579	D	$44.88(1)	44,045(2)	D
Common Stock								6,311	I	By 401(k)

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

Explanation of Responses:

1. The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices per share ranging from $44.725 to $44.88. The reporting person will provide to Verizon Communications Inc., any security holder of Verizon Communications Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.

2. Includes common stock acquired through dividend reinvestment.

Remarks:

	Evgeniya Berezkina, Attorney-in-fact for Joseph J. Russo	02/03/2026
	** 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 that executive Joseph J. Russo sold 9,579 shares of common stock. The sale occurred on February 2, 2026, at a weighted average price of $44.88 per share, executed through multiple trades within a narrow price range around that level.

At what prices did Joseph J. Russo sell his Verizon (VZ) shares?

Joseph J. Russo’s 9,579 Verizon shares were sold at a weighted average price of $44.88. The individual trades occurred at prices ranging from $44.725 to $44.88 per share, according to the detailed explanation included with the insider transaction disclosure.

How many Verizon (VZ) shares does Joseph J. Russo hold after the sale?

After the reported sale, Joseph J. Russo held 44,045 Verizon common shares directly. He also beneficially held 6,311 additional shares indirectly through a 401(k) plan, with those indirect holdings including shares that were accumulated via dividend reinvestment over time.

What is Joseph J. Russo’s role at Verizon (VZ) in this Form 4 filing?

In the Form 4 filing, Joseph J. Russo is identified as an officer of Verizon, serving as Executive Vice President and President of Global Networks & Technology. This role classifies him as a reporting person required to disclose transactions in Verizon common stock.

Does Joseph J. Russo hold Verizon (VZ) shares indirectly through a retirement plan?

Yes. In addition to his directly held Verizon shares, Joseph J. Russo beneficially owns 6,311 Verizon common shares indirectly through a 401(k) plan. The filing notes that these indirect holdings include stock acquired through Verizon’s dividend reinvestment process.

How is the sale price for Joseph J. Russo’s Verizon (VZ) trade described?

The sale price is reported as a weighted average of $44.88 per share. The filing states the shares were sold in multiple transactions, with individual trade prices ranging from $44.725 to $44.88, and offers to provide full breakdowns upon request to shareholders or regulators.