Verizon CFO Grows Stake to 125,000 Phantom Stock Units Through Compensation Plan

Verizon Communications EVP and CFO Anthony T. Skiadas reported a transaction of phantom stock units on June 18, 2025.

Rhea-AI Filing Summary

Verizon Communications EVP and CFO Anthony T. Skiadas reported a transaction of phantom stock units on June 18, 2025. The executive acquired 145.529 phantom stock units at $11.89 per unit through the company's Deferred Compensation Plan.

Key transaction details:

• Total phantom stock holdings after transaction: 125,204.435 units
• Ownership form: Indirect through Deferred Compensation Plan
• Each phantom stock unit represents a portion of one common stock share and is settled in cash
• Payment timing is based on events established by the reporting person under the plan terms

This Form 4 filing indicates ongoing executive participation in Verizon's deferred compensation arrangements, with the position including additional units acquired through dividend reinvestment. The transaction reflects standard executive compensation practices rather than open market trading activity.

Insider Trade Summary

Grant/Award: 145.529 shares

Grant/Award 1 txn

Insider Skiadas Anthony T

Role EVP and CFO

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock (unitized)	145.529	$11.89	$2K

Holdings After Transaction: Phantom Stock (unitized) — 125,204.435 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.

FAQ

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

Who is Anthony T. Skiadas and what position does he hold at VZ?

Anthony T. Skiadas serves as Executive Vice President (EVP) and Chief Financial Officer (CFO) of Verizon Communications Inc. (VZ), as disclosed in the Form 4 filing.

What insider transaction did VZ's CFO Anthony Skiadas report on June 18, 2025?

On June 18, 2025, Anthony Skiadas acquired 145.529 units of phantom stock through Verizon's Deferred Compensation Plan. The phantom stock is equivalent to 42 shares of common stock and was valued at $11.89 per unit.

How many phantom stock units does VZ's CFO Skiadas own after the June 2025 transaction?

Following the reported transaction, Anthony Skiadas beneficially owns 125,204.435 units of phantom stock through Verizon's Deferred Compensation Plan, which includes phantom stock acquired through dividend reinvestment.

What is the settlement method for VZ's phantom stock units held by executives?

According to the filing, 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 become payable upon events established by the reporting person in accordance with the deferred compensation plan.

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

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Accepted by SEC EDGAR 06/20/2025 - 04:10 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 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 CFO

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025

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)	06/18/2025		A		145.529		(1)	(1)	Common Stock	42	$11.89	125,204.435(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.

	Evgeniya Berezkina, Attorney-in-fact for Anthony T. Skiadas	06/20/2025
	** 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.