Verizon (NYSE: VZ) EVP Russo sells 9,579 shares at $44.88
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,579 shares ($429,906)
Net Sell
2 txns
Insider
Russo Joseph J.
Role
EVP&Pres-Global Networks&Tech
Sold
9,579 shs ($430K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,579 | $44.88 | $430K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 44,045 shares (Direct);
Common Stock — 6,311 shares (Indirect, By 401(k))
Footnotes (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. Includes common stock acquired through dividend reinvestment.
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.
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.
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.