Verizon (NYSE: VZ) EVP granted 175 phantom stock units in plan award

Rhea-AI Filing Summary

Verizon Communications Inc. executive Sampath Sowmyanarayan reported acquiring 175.212 units of phantom stock tied to Verizon common stock through a deferred compensation plan. The units were credited on January 15, 2026 at a reference price of $11.24 per unit. After this transaction, he beneficially owned 134,800.543 phantom stock units indirectly through the deferred compensation plan. Each phantom stock unit represents the economic equivalent of a portion of one Verizon common share and is settled in cash, becoming payable upon events the executive has established under the plan, and includes amounts accumulated through 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^*

Sampath Sowmyanarayan

(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 and Group CEO-VZ Consumer

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

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
Phantom Stock (unitized)	(1)	01/15/2026		A		175.212		(1)	(1)	Common Stock	50	$11.24	134,800.543(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 Sowmyanarayan Sampath	01/16/2026
	** 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.
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FAQ

What did Verizon (VZ) executive Sampath Sowmyanarayan report on this Form 4?

He reported the acquisition of 175.212 units of phantom stock (unitized) tied to Verizon common stock on January 15, 2026, coded as an acquisition.

How many phantom stock units does the Verizon (VZ) EVP hold after the reported transaction?

Following the transaction, Sampath Sowmyanarayan beneficially owned 134,800.543 phantom stock units indirectly through a Deferred Compensation Plan.

What is phantom stock in the context of this Verizon (VZ) Form 4?

The filing states that each share of phantom stock is the economic equivalent of a portion of one share of Verizon common stock, is settled in cash, and becomes payable upon events set by the reporting person under the deferred compensation plan.

At what price was the phantom stock transaction recorded for Verizon (VZ)?

The 175.212 phantom stock units were recorded at a reference price of $11.24 per unit in the transaction table.

Is the Verizon (VZ) phantom stock held directly or indirectly by the executive?

The Form 4 lists ownership of the phantom stock units as indirect (I), with the nature of ownership described as "By Deferred Compensation Plan".

Does the Verizon (VZ) filing mention dividend reinvestment for the phantom stock?

Yes. A footnote explains that the total includes phantom stock acquired through dividend reinvestment under the deferred compensation plan.