Daniel H. Schulman - Oct 17, 2025 Form 4 Insider Report for VERIZON COMMUNICATIONS INC (VZ)

Role
CEO, Director
Signature
Evgeniya Berezkina, Attorney-in-fact for Daniel H. Schulman
Stock symbol
VZ
Transactions as of
Oct 17, 2025
Transactions value $
$0
Form type
4
Date filed
10/21/2025, 12:40 PM
Previous filing
Jun 4, 2025
Next filing
Oct 24, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
SCHULMAN DANIEL H CEO, Director VERIZON COMMUNICATIONS INC., 1095 AVENUE OF THE AMERICAS, NEW YORK Evgeniya Berezkina, Attorney-in-fact for Daniel H. Schulman 2025-10-21 0001215315

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 Restricted Stock Units - 2025 CEO Award Award $0 +476K $0.00 476K Oct 17, 2025 Common Stock 476K Direct F1
transaction VZ Restricted Stock Units - Make Whole Award Award $0 +226K $0.00 226K Oct 17, 2025 Common Stock 226K Direct F2
transaction VZ Performance Stock Units - 2025 Supplemental Award Award $0 +222K $0.00 222K Oct 17, 2025 Common Stock 222K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit (RSU) represents the right to receive one share of common stock, plus accrued dividends, on the payment date with respect to the date that the RSU vests. Subject to the terms of the RSU Agreement, the RSUs will vest on December 31, 2027.
F2 Each RSU represents the right to receive one share of common stock, plus accrued dividends, on the payment date with respect to the date that the RSU vests. Subject to the terms of the RSU Agreement, the RSUs will vest on December 31, 2026.
F3 Each Performance Stock Unit (PSU) represents the right to receive one share of common stock, plus accrued dividends, on the payment date with respect to the date that the PSU vests. The PSUs are earned at a range of 0-300% of the target number of PSUs granted based on the achievement of average share price goals specified in the PSU Agreement over a performance period commencing on October 17, 2025 and ending December 31, 2028. Subject to the terms of the PSU Agreement, the earned PSUs will vest on December 31, 2027 or such later date during the performance period on which the applicable share price performance goal is achieved.