Joseph J. Russo - Feb 12, 2025 Form 4 Insider Report for VERIZON COMMUNICATIONS INC (VZ)

Role
EVP&Pres-Global Networks&Tech
Signature
Evgeniya Berezkina, Attorney-in-fact for Joseph J. Russo
Stock symbol
VZ
Transactions as of
Feb 12, 2025
Transactions value $
-$121,306
Form type
4
Date filed
2/14/2025, 12:34 PM
Previous filing
Feb 3, 2025
Next filing
Feb 14, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VZ Common Stock Options Exercise +8.51K +31.55% 35.5K Feb 12, 2025 Direct F1, F2
transaction VZ Common Stock Tax liability -$121K -2.99K -8.43% $40.53 32.5K Feb 12, 2025 Direct F2
holding VZ Common Stock 5.81K Feb 12, 2025 By 401(k)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VZ Performance Stock Units - 2022 Award Options Exercise -8.51K -100% 0 Feb 12, 2025 Common Stock 8.51K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Performance Stock Unit (PSU) represents the right to receive one share of common stock on the payment date with respect to the date that the PSU vests.
F2 Includes common stock acquired through dividend reinvestment.

Remarks:

Exhibit 24 - Power of Attorney.