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STOCK TITAN

[Form 4] Verizon Communications Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Anthony T. Skiadas, EVP and CFO of Verizon Communications Inc. (VZ), reported a Section 16 filing showing a non-derivative change under the company's deferred compensation plan. On 08/28/2025 Mr. Skiadas acquired 138.081 units of Phantom Stock (unitized), which the filing describes as the economic equivalent of a portion of one share of common stock and settled in cash. The filing notes phantom stock becomes payable upon events established by the reporting person under the deferred compensation plan and that the reported holdings include phantom stock acquired through dividend reinvestment. The Form 4 was signed by an attorney-in-fact on 08/29/2025.

Anthony T. Skiadas, EVP e CFO di Verizon Communications Inc. (VZ), ha effettuato una comunicazione ai sensi della Sezione 16 che riporta una variazione non derivativa nell'ambito del piano di compensazione differita della società. In data 28/08/2025 il Sig. Skiadas ha acquisito 138.081 unità di Phantom Stock (unitized), descritte nella segnalazione come l'equivalente economico di una porzione di una azione ordinaria e regolate in contanti. La comunicazione precisa che lo phantom stock diventa esigibile al verificarsi degli eventi previsti dalla persona che effettua la segnalazione nel piano di compensazione differita e che le partecipazioni dichiarate includono phantom stock acquisito tramite il reinvestimento dei dividendi. Il Modulo 4 è stato firmato da un procuratore il 29/08/2025.

Anthony T. Skiadas, EVP y CFO de Verizon Communications Inc. (VZ), presentó una notificación conforme a la Sección 16 que muestra un cambio no derivado en el plan de compensación diferida de la empresa. El 28/08/2025 el Sr. Skiadas adquirió 138.081 unidades de Phantom Stock (unitized), que la presentación describe como el equivalente económico de una fracción de una acción ordinaria y que se liquidan en efectivo. La notificación indica que el phantom stock pasa a ser pagadero tras los eventos establecidos por la persona informante en el plan de compensación diferida y que las posiciones informadas incluyen phantom stock adquirido mediante el reinversión de dividendos. El Formulario 4 fue firmado por un apoderado el 29/08/2025.

Verizon Communications Inc. (VZ)ì� EVP ê²� CFOì� Anthony T. SkiadasëŠ� 회사ì� 연기 ë³´ìƒ ê³„íšì—서 비파ìƒ� ë³€ê²½ì„ ë³´ê³ í•˜ëŠ” Section 16 제출ì� 보고했습니다. 2025-08-28ì—� Skiadas 씨는 138.081 단위ì� Phantom Stock(단위화ëœ)ì� ì·¨ë“했으ë©�, 제출서ì—ëŠ� 해당 단위가 보통ì£� ì¼ë¶€ì—� 대í•� 경제ì � 등가물ì´ë©� 현금으로 ì •ì‚°ëœë‹¤ê³� 설명ë˜ì–´ 있습니다. 제출서ì—ëŠ� 팬텀 스톡ì� 연기 ë³´ìƒ ê³„íšì—서 ë³´ê³ ìžê°€ 정한 사건ì� ë°œìƒí•� ë•� ì§€ê¸� 가능해진다ëŠ� ì ê³¼ ë³´ê³ ë� ë³´ìœ ë¶„ì— ë°°ë‹¹ê¸� 재투ìžë¥¼ 통해 ì·¨ë“í•� 팬텀 스톡ì� í¬í•¨ë˜ì–´ 있다ê³� 명시ë˜ì–´ 있습니다. Form 4ëŠ� 2025-08-29ì—� 대리ì¸(법정대리ì¸)ì—� ì˜í•´ 서명ë˜ì—ˆìŠµë‹ˆë‹�.

Anthony T. Skiadas, EVP et CFO de Verizon Communications Inc. (VZ), a déposé une communication au titre de la Section 16 faisant état d'une modification non dérivée dans le cadre du régime de rémunération différée de la société. Le 28/08/2025, M. Skiadas a acquis 138.081 unités de Phantom Stock (unitized), que le dépôt décrit comme l'équivalent économique d'une fraction d'une action ordinaire et réglées en espèces. Le document précise que les phantom stocks deviennent payables à la survenance des événements définis par la personne déclarante dans le régime de rémunération différée et que les avoirs déclarés incluent des phantom stocks acquis par réinvestissement des dividendes. Le formulaire 4 a été signé par un mandataire le 29/08/2025.

Anthony T. Skiadas, EVP und CFO von Verizon Communications Inc. (VZ), meldete eine Section-16-Einreichung, die eine nicht-derivative Änderung im Rahmen des aufgeschobenen Vergütungsplans des Unternehmens ausweist. Am 28.08.2025 erwarb Herr Skiadas 138,081 Einheiten Phantomaktien (unitized), die in der Meldung als wirtschaftliches Äquivalent eines Teils einer Stammaktie beschrieben und in bar abgewickelt werden. Die Meldung weist darauf hin, dass Phantomaktien bei den vom Melder im aufgeschobenen Vergütungsplan festgelegten Ereignissen fällig werden und dass die gemeldeten Bestände Phantomaktien enthalten, die durch Reinvestition von Dividenden erworben wurden. Das Formular 4 wurde am 29.08.2025 von einem Bevollmächtigten unterzeichnet.

Positive
  • Transaction is plan-based and disclosed: The filing explicitly shows the acquisition arose under Verizon's deferred compensation plan and is reported as indirect ownership.
  • Clear economic nature: The Form 4 states phantom stock is cash-settled and an economic equivalent of a portion of a common share, clarifying the instrument's treatment.
  • Includes dividend reinvestment: The filing notes phantom stock holdings include units acquired through dividend reinvestment, providing transparency on accumulation sources.
Negative
  • None.

Insights

TL;DR: Reported acquisition is a routine deferred-compensation settlement in phantom stock, recorded as indirect ownership through the plan.

The filing shows Anthony T. Skiadas acquired 138.081 units of unitized phantom stock on 08/28/2025 under Verizon's deferred compensation plan and reports those units as indirectly owned. The filing explicitly states each phantom unit is an economic equivalent settled in cash and that dividend reinvestment contributed to the reported phantom holdings. This is a non-derivative, plan-related transaction recorded under Section 16; it does not report exercise of options or direct purchases of common shares. From a governance perspective, the disclosure appropriately identifies the relationship (EVP and CFO), the plan-based nature of the acquisition, and the signer acting as attorney-in-fact.

TL;DR: The transaction reflects deferred compensation mechanics rather than open-market trading or option exercise.

The Form 4 details acquisition of phantom stock units (138.081) that are cash-settled and become payable under events chosen by the reporting person per the deferred compensation plan. The filing also references dividend reinvestment as a source of additional phantom units. This disclosure aligns with standard deferred-compensation reporting and clarifies the economic, cash-settled nature of the award rather than equity issuance. Material financial details such as payout timing or valuation methodology are not provided in this Form 4 and would be found in the underlying plan documents or other filings.

Anthony T. Skiadas, EVP e CFO di Verizon Communications Inc. (VZ), ha effettuato una comunicazione ai sensi della Sezione 16 che riporta una variazione non derivativa nell'ambito del piano di compensazione differita della società. In data 28/08/2025 il Sig. Skiadas ha acquisito 138.081 unità di Phantom Stock (unitized), descritte nella segnalazione come l'equivalente economico di una porzione di una azione ordinaria e regolate in contanti. La comunicazione precisa che lo phantom stock diventa esigibile al verificarsi degli eventi previsti dalla persona che effettua la segnalazione nel piano di compensazione differita e che le partecipazioni dichiarate includono phantom stock acquisito tramite il reinvestimento dei dividendi. Il Modulo 4 è stato firmato da un procuratore il 29/08/2025.

Anthony T. Skiadas, EVP y CFO de Verizon Communications Inc. (VZ), presentó una notificación conforme a la Sección 16 que muestra un cambio no derivado en el plan de compensación diferida de la empresa. El 28/08/2025 el Sr. Skiadas adquirió 138.081 unidades de Phantom Stock (unitized), que la presentación describe como el equivalente económico de una fracción de una acción ordinaria y que se liquidan en efectivo. La notificación indica que el phantom stock pasa a ser pagadero tras los eventos establecidos por la persona informante en el plan de compensación diferida y que las posiciones informadas incluyen phantom stock adquirido mediante el reinversión de dividendos. El Formulario 4 fue firmado por un apoderado el 29/08/2025.

Verizon Communications Inc. (VZ)ì� EVP ê²� CFOì� Anthony T. SkiadasëŠ� 회사ì� 연기 ë³´ìƒ ê³„íšì—서 비파ìƒ� ë³€ê²½ì„ ë³´ê³ í•˜ëŠ” Section 16 제출ì� 보고했습니다. 2025-08-28ì—� Skiadas 씨는 138.081 단위ì� Phantom Stock(단위화ëœ)ì� ì·¨ë“했으ë©�, 제출서ì—ëŠ� 해당 단위가 보통ì£� ì¼ë¶€ì—� 대í•� 경제ì � 등가물ì´ë©� 현금으로 ì •ì‚°ëœë‹¤ê³� 설명ë˜ì–´ 있습니다. 제출서ì—ëŠ� 팬텀 스톡ì� 연기 ë³´ìƒ ê³„íšì—서 ë³´ê³ ìžê°€ 정한 사건ì� ë°œìƒí•� ë•� ì§€ê¸� 가능해진다ëŠ� ì ê³¼ ë³´ê³ ë� ë³´ìœ ë¶„ì— ë°°ë‹¹ê¸� 재투ìžë¥¼ 통해 ì·¨ë“í•� 팬텀 스톡ì� í¬í•¨ë˜ì–´ 있다ê³� 명시ë˜ì–´ 있습니다. Form 4ëŠ� 2025-08-29ì—� 대리ì¸(법정대리ì¸)ì—� ì˜í•´ 서명ë˜ì—ˆìŠµë‹ˆë‹�.

Anthony T. Skiadas, EVP et CFO de Verizon Communications Inc. (VZ), a déposé une communication au titre de la Section 16 faisant état d'une modification non dérivée dans le cadre du régime de rémunération différée de la société. Le 28/08/2025, M. Skiadas a acquis 138.081 unités de Phantom Stock (unitized), que le dépôt décrit comme l'équivalent économique d'une fraction d'une action ordinaire et réglées en espèces. Le document précise que les phantom stocks deviennent payables à la survenance des événements définis par la personne déclarante dans le régime de rémunération différée et que les avoirs déclarés incluent des phantom stocks acquis par réinvestissement des dividendes. Le formulaire 4 a été signé par un mandataire le 29/08/2025.

Anthony T. Skiadas, EVP und CFO von Verizon Communications Inc. (VZ), meldete eine Section-16-Einreichung, die eine nicht-derivative Änderung im Rahmen des aufgeschobenen Vergütungsplans des Unternehmens ausweist. Am 28.08.2025 erwarb Herr Skiadas 138,081 Einheiten Phantomaktien (unitized), die in der Meldung als wirtschaftliches Äquivalent eines Teils einer Stammaktie beschrieben und in bar abgewickelt werden. Die Meldung weist darauf hin, dass Phantomaktien bei den vom Melder im aufgeschobenen Vergütungsplan festgelegten Ereignissen fällig werden und dass die gemeldeten Bestände Phantomaktien enthalten, die durch Reinvestition von Dividenden erworben wurden. Das Formular 4 wurde am 29.08.2025 von einem Bevollmächtigten unterzeichnet.

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)
08/28/2025
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) 08/28/2025 A 138.081 (1) (1) Common Stock 39 $12.53 127,875.09(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 08/29/2025
** 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.

FAQ

What did Anthony T. Skiadas report on the Form 4 for VZ?

He reported acquisition of 138.081 units of Phantom Stock (unitized) on 08/28/2025, recorded as indirect ownership under a deferred compensation plan.

What is the economic nature of the phantom stock reported in this VZ filing?

The filing states each phantom stock unit is the economic equivalent of a portion of one share of common stock and is settled in cash.

Does the Form 4 show these phantom units were acquired through reinvested dividends?

Yes. The filing explicitly notes the reported phantom stock includes units acquired through dividend reinvestment.

What is the reporting person's role at Verizon in this Form 4?

The reporting person is Anthony T. Skiadas, identified as EVP and CFO of Verizon Communications Inc.

When was the Form 4 signed and who signed it?

The signature block shows Evgeniya Berezkina, Attorney-in-fact for Anthony T. Skiadas signed the form on 08/29/2025.
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Telecom Services
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United States
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