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[Form 4] Verizon Communications Insider Trading Activity

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

Mary-Lee Stillwell, SVP and Controller at Verizon Communications (VZ), reported an acquisition of phantom stock units on 08/28/2025. The filing shows 46.027 units of phantom stock (unitized) were acquired and that the reporting person indirectly beneficially owns 12,421.906 units/shares through a deferred compensation plan. The form explains each phantom stock unit is the economic equivalent of a portion of one share and is settled in cash, with some units acquired via dividend reinvestment.

Mary-Lee Stillwell, SVP e Controller di Verizon Communications (VZ), ha dichiarato l'acquisto di phantom stock unit in data 08/28/2025. La comunicazione riporta l'acquisto di 46,027 unit脿 di phantom stock (unitizzate) e che la stessa persona dichiara di detenere 12.421,906 unit脿/azioni a titolo indiretto attraverso un piano di compensazione differita. Il modulo precisa che ogni unit脿 di phantom stock rappresenta l'equivalente economico di una frazione di azione e viene liquidata in contanti; alcune unit脿 sono state acquistate tramite il reinvestimento dei dividendi.

Mary-Lee Stillwell, SVP y Controller de Verizon Communications (VZ), inform贸 la adquisici贸n de unidades de phantom stock el 08/28/2025. La presentaci贸n indica que se adquirieron 46.027 unidades de phantom stock (unitizadas) y que la persona informante posee de forma indirecta 12.421,906 unidades/acciones a trav茅s de un plan de compensaci贸n diferida. El formulario explica que cada unidad de phantom stock es el equivalente econ贸mico de una parte de una acci贸n y se liquida en efectivo; algunas unidades se obtuvieron mediante el reinversi贸n de dividendos.

Verizon Communications(VZ)鞚� SVP 瓴� 旎姼搿る煬鞚� Mary-Lee Stillwell臧� 2025-08-28鞐� 韺厐鞀ろ啞 鞙犽嫑鞚� 旆摑頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 鞝滌稖靹滊鞐� 霐半ゴ氅� 46.027臧滌潣 韺厐鞀ろ啞 鞙犽嫑(雼渼頇旊悳)鞚� 旆摑頄堦碃, 氤搓碃鞚胳潃 鞙犾槇 氤挫儊 頂岆灉鞚� 韱淀暣 12,421.906臧滌潣 鞙犽嫑/欤茧ゼ 臧勳爲鞝侅溂搿� 鞁れ 氤挫湢頃橁碃 鞛堧姅 瓴冹溂搿� 雮橅儉雮姷雼堧嫟. 靹滌嫕鞚� 臧� 韺厐鞀ろ啞 鞙犽嫑鞚� 欤检嫕鞚� 鞚茧秬鞐� 頃措嫻頃橂姅 瓴届牅鞝� 霃欕摫氍检澊氅� 順勱笀鞙茧 瓴办牅霅橁碃, 鞚茧秬 鞙犽嫑鞚� 氚半嫻 鞛埇鞛愲ゼ 韱淀暣 旆摑霅橃棃雼り碃 靹る獏頃╇媹雼�.

Mary-Lee Stillwell, SVP et contr么leur chez Verizon Communications (VZ), a d茅clar茅 l'acquisition d'unit茅s de phantom stock le 08/28/2025. Le d茅p么t indique l'acquisition de 46,027 unit茅s de phantom stock (unitis茅es) et que la personne d茅clarante d茅tient 12,421.906 unit茅s/actions 脿 titre indirect via un plan de r茅mun茅ration diff茅r茅e. Le formulaire pr茅cise que chaque unit茅 de phantom stock est l'茅quivalent 茅conomique d'une fraction d'action et est r茅gl茅e en esp猫ces ; certaines unit茅s ont 茅t茅 acquises par r茅investissement des dividendes.

Mary-Lee Stillwell, SVP und Controller bei Verizon Communications (VZ), meldete am 08/28/2025 den Erwerb von Phantom-Stock-Einheiten. Die Meldung weist aus, dass 46,027 Phantom-Stock-Einheiten (unitisiert) erworben wurden und dass die meldende Person indirekt 12.421,906 Einheiten/Aktien 眉ber einen Deferred-Compensation-Plan wirtschaftlich besitzt. Das Formular erkl盲rt, dass jede Phantom-Stock-Einheit dem wirtschaftlichen 脛quivalent eines Bruchteils einer Aktie entspricht und in bar abgewickelt wird; einige Einheiten wurden durch Wiederanlage von Dividenden erworben.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine insider deferred-compensation transaction; no material corporate control change.

The Form 4 records a compensation-related acquisition of phantom stock by a senior officer, reported under Section 16. This is a common method to defer cash compensation and align pay with equity performance while settling in cash. The indirect beneficial ownership reported under the deferred compensation plan suggests the holdings are not direct voting equity. The transaction appears procedural and not indicative of a change in ownership control.

TL;DR: Deferred-comp plan units were credited; transaction reflects compensation mechanics, not a market purchase.

The filing documents acquisition of 46.027 phantom stock units and notes inclusion of dividend reinvestment in the aggregate 12,421.906 units held indirectly. Phantom stock settled in cash means these units track economic value rather than converting to shares. From a pay-structure perspective, this is a routine credit under the companys deferred compensation arrangements.

Mary-Lee Stillwell, SVP e Controller di Verizon Communications (VZ), ha dichiarato l'acquisto di phantom stock unit in data 08/28/2025. La comunicazione riporta l'acquisto di 46,027 unit脿 di phantom stock (unitizzate) e che la stessa persona dichiara di detenere 12.421,906 unit脿/azioni a titolo indiretto attraverso un piano di compensazione differita. Il modulo precisa che ogni unit脿 di phantom stock rappresenta l'equivalente economico di una frazione di azione e viene liquidata in contanti; alcune unit脿 sono state acquistate tramite il reinvestimento dei dividendi.

Mary-Lee Stillwell, SVP y Controller de Verizon Communications (VZ), inform贸 la adquisici贸n de unidades de phantom stock el 08/28/2025. La presentaci贸n indica que se adquirieron 46.027 unidades de phantom stock (unitizadas) y que la persona informante posee de forma indirecta 12.421,906 unidades/acciones a trav茅s de un plan de compensaci贸n diferida. El formulario explica que cada unidad de phantom stock es el equivalente econ贸mico de una parte de una acci贸n y se liquida en efectivo; algunas unidades se obtuvieron mediante el reinversi贸n de dividendos.

Verizon Communications(VZ)鞚� SVP 瓴� 旎姼搿る煬鞚� Mary-Lee Stillwell臧� 2025-08-28鞐� 韺厐鞀ろ啞 鞙犽嫑鞚� 旆摑頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 鞝滌稖靹滊鞐� 霐半ゴ氅� 46.027臧滌潣 韺厐鞀ろ啞 鞙犽嫑(雼渼頇旊悳)鞚� 旆摑頄堦碃, 氤搓碃鞚胳潃 鞙犾槇 氤挫儊 頂岆灉鞚� 韱淀暣 12,421.906臧滌潣 鞙犽嫑/欤茧ゼ 臧勳爲鞝侅溂搿� 鞁れ 氤挫湢頃橁碃 鞛堧姅 瓴冹溂搿� 雮橅儉雮姷雼堧嫟. 靹滌嫕鞚� 臧� 韺厐鞀ろ啞 鞙犽嫑鞚� 欤检嫕鞚� 鞚茧秬鞐� 頃措嫻頃橂姅 瓴届牅鞝� 霃欕摫氍检澊氅� 順勱笀鞙茧 瓴办牅霅橁碃, 鞚茧秬 鞙犽嫑鞚� 氚半嫻 鞛埇鞛愲ゼ 韱淀暣 旆摑霅橃棃雼り碃 靹る獏頃╇媹雼�.

Mary-Lee Stillwell, SVP et contr么leur chez Verizon Communications (VZ), a d茅clar茅 l'acquisition d'unit茅s de phantom stock le 08/28/2025. Le d茅p么t indique l'acquisition de 46,027 unit茅s de phantom stock (unitis茅es) et que la personne d茅clarante d茅tient 12,421.906 unit茅s/actions 脿 titre indirect via un plan de r茅mun茅ration diff茅r茅e. Le formulaire pr茅cise que chaque unit茅 de phantom stock est l'茅quivalent 茅conomique d'une fraction d'action et est r茅gl茅e en esp猫ces ; certaines unit茅s ont 茅t茅 acquises par r茅investissement des dividendes.

Mary-Lee Stillwell, SVP und Controller bei Verizon Communications (VZ), meldete am 08/28/2025 den Erwerb von Phantom-Stock-Einheiten. Die Meldung weist aus, dass 46,027 Phantom-Stock-Einheiten (unitisiert) erworben wurden und dass die meldende Person indirekt 12.421,906 Einheiten/Aktien 眉ber einen Deferred-Compensation-Plan wirtschaftlich besitzt. Das Formular erkl盲rt, dass jede Phantom-Stock-Einheit dem wirtschaftlichen 脛quivalent eines Bruchteils einer Aktie entspricht und in bar abgewickelt wird; einige Einheiten wurden durch Wiederanlage von Dividenden erworben.

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*
Stillwell Mary-Lee
(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)
SVP and Controller
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 46.027 (1) (1) Common Stock 13 $12.53 12,421.906(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 Mary-Lee Stillwell 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.

Source:

FAQ

What did Mary-Lee Stillwell report on Form 4 for VZ?

She reported acquiring 46.027 phantom stock units on 08/28/2025 and indirect beneficial ownership of 12,421.906 units via a deferred compensation plan.

What is phantom stock as described in the filing?

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

Does the Form 4 indicate these phantom units convert into actual Verizon shares?

No. The filing explicitly says phantom stock is settled in cash; it does not state conversion into common stock.

Were dividend reinvestments included in the reported holdings?

Yes. The filing notes the total includes phantom stock acquired through dividend reinvestment.

What is the reporting person's role at Verizon?

The reporting person is listed as SVP and Controller (Mary-Lee Stillwell).
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