Kyle Malady - 27 Feb 2025 Form 4 Insider Report for VERIZON COMMUNICATIONS INC (VZ)

Role
EVP and Group CEO-VZ Business
Signature
Evgeniya Berezkina, Attorney-in-fact for Kyle Malady
Issuer symbol
VZ
Transactions as of
27 Feb 2025
Transactions value $
$103,666
Form type
4
Filing time
28 Feb 2025, 16:50:29 UTC
Previous filing
14 Feb 2025
Next filing
04 Mar 2025
SEC
View on sec.gov

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 Phantom Stock (unitized) Award $104K +8.4K +2.29% $12.34 375K 27 Feb 2025 Common Stock 2.4K By Deferred Compensation Plan F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
F2 Includes phantom stock acquired through dividend reinvestment.