Verizon CFO granted phantom stock units in Form 4

Verizon Communications EVP and CFO Anthony T. Skiadas reported an acquisition of phantom stock under a deferred compensation plan.

Rhea-AI Filing Summary

Verizon Communications EVP and CFO Anthony T. Skiadas reported an acquisition of phantom stock under a deferred compensation plan. He received 135.715 unitized phantom stock units at a reference value of $12.81 per unit, bringing his indirect deferred-compensation phantom stock balance to 144,053.438 units, economically tied to Verizon common stock but settled in cash.

Insider Trade Summary

Grant/Award: 135.715 shares

Grant/Award 1 txn

Insider Skiadas Anthony T

Role EVP and CFO

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock (unitized)	135.715	$12.81	$2K

Holdings After Transaction: Phantom Stock (unitized) — 144,053.438 contracts (Indirect, By Deferred Compensation Plan)

Footnotes (2)

1. F1. 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. F2. Includes phantom stock acquired through dividend reinvestment.

Key Figures

Phantom stock units granted: 135.715 units Reference price per unit: $12.81 per unit Phantom units after transaction: 144,053.438 units +2 more

5 metrics

Phantom stock units granted 135.715 units Grant of unitized phantom stock on 2026-06-04

Reference price per unit $12.81 per unit Phantom stock grant valuation

Phantom units after transaction 144,053.438 units Total indirect phantom stock balance following grant

Underlying common shares 39.000 shares Common stock equivalent underlying granted phantom units

Conversion or exercise price $0.00 Phantom stock has no exercise price; cash-settled

Key Terms

Phantom Stock (unitized), Deferred Compensation Plan, Grant, award, or other acquisition, underlying security

4 terms

Phantom Stock (unitized) financial

"security_title: "Phantom Stock (unitized)""

Deferred Compensation Plan financial

"nature_of_ownership: "By Deferred Compensation Plan""

A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

underlying security financial

"underlying_security_title: "Common Stock""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Verizon (VZ) CFO Anthony T. Skiadas report on this Form 4?

Verizon CFO Anthony T. Skiadas reported receiving 135.715 unitized phantom stock units. These were granted under a deferred compensation plan and are economically linked to Verizon common stock, but are settled in cash rather than actual share delivery.

How many phantom stock units does the Verizon (VZ) CFO hold after this transaction?

After the transaction, Anthony T. Skiadas holds 144,053.438 phantom stock units indirectly. These units are maintained within a deferred compensation plan and track the value of Verizon common stock, providing cash-settled, equity-linked compensation exposure.

What is the nature of the phantom stock granted to Verizon (VZ) CFO Skiadas?

The phantom stock is unitized deferred compensation, economically equivalent to a portion of one Verizon common share per unit. It is settled in cash and becomes payable upon events established by the reporting person under the deferred compensation plan.

Was this Verizon (VZ) Form 4 a market purchase or sale of common stock?

No, this Form 4 does not show a market purchase or sale of common stock. It reflects a grant of phantom stock units under a deferred compensation plan, which are cash-settled and indirectly linked to Verizon’s common stock performance.

How many Verizon (VZ) common shares underlie the reported phantom stock units?

The reported 135.715 phantom stock units correspond to 39.000 underlying Verizon common shares. Each phantom unit represents the economic equivalent of a portion of one share of common stock, with value ultimately settled in cash, not stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/05/2026 - 02:11 PM EDT Learn about SEC filing dates

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^*

Skiadas Anthony T

(Last) (First) (Middle)

VERIZON COMMUNICATIONS INC.

1095 AVENUE OF THE AMERICAS

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(Country)

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 CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)	06/04/2026		A		135.715		(1)	(1)	Common Stock	39	$12.81	144,053.438(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 Anthony T. Skiadas	06/05/2026
	** 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.
* Form 4: SEC 1474 (03-26)