[Form 4] Verizon Communications Insider Trading Activity
Joseph J. Russo, EVP & President 鈥� Global Networks & Tech at Verizon Communications (VZ), reported a non-cash acquisition of phantom stock units under the company鈥檚 deferred compensation plan. The Form 4 shows an acquisition on 08/14/2025 of 88.31 phantom stock units, which the filing explains are economic equivalents of portions of common shares and are settled in cash. The phantom units include amounts acquired through dividend reinvestment and will be payable according to elections made under the deferred compensation plan. The form was signed by an attorney-in-fact on 08/15/2025.
Joseph J. Russo, EVP e Presidente 鈥� Global Networks & Tech di Verizon Communications (VZ), ha registrato l鈥檃cquisizione non in contanti di phantom stock unit nell鈥檃mbito del piano di compensazione differita della societ脿. Il Modulo 4 indica un鈥檃cquisizione in data 08/14/2025 di 88.31 phantom stock units, che il documento descrive come equivalenti economici di porzioni di azioni ordinarie e che verranno liquidate in contanti. Le phantom units comprendono importi acquisiti tramite il reinvestimento dei dividendi e saranno pagabili secondo le opzioni scelte nel piano di compensazione differita. Il modulo 猫 stato firmato da un procuratore il 08/15/2025.
Joseph J. Russo, EVP y Presidente 鈥� Global Networks & Tech en Verizon Communications (VZ), inform贸 la adquisici贸n no monetaria de unidades fantasma de acciones bajo el plan de compensaci贸n diferida de la compa帽铆a. El Formulario 4 muestra una adquisici贸n el 08/14/2025 de 88.31 unidades fantasma, que seg煤n el documento son equivalentes econ贸micos de porciones de acciones ordinarias y se liquidan en efectivo. Las unidades fantasma incluyen importes obtenidos mediante el reinversi贸n de dividendos y se pagar谩n conforme a las elecciones realizadas en el plan de compensaci贸n diferida. El formulario fue firmado por un apoderado el 08/15/2025.
Verizon Communications(VZ)鞚� EVP 瓴� 旮�搿滊矊 雱ろ姼鞗岉伂 & 旮办垹 雼措嫻 靷灔 Joseph J. Russo臧� 須岇偓鞚� 鞚挫棸 氤挫儊 頂岆灉鞐� 霐半ジ 韺厐 鞀ろ啞 雼渼(non-cash)毳� 旆摑頃� 瓴冹溂搿� 氤搓碃頄堨姷雼堧嫟. Form 4鞐愲姅 2025-08-14(08/14/2025)鞐� 88.31 韺厐 鞀ろ啞 雼渼毳� 旆摑頃� 瓴冹溂搿� 響滌嫓霅橃柎 鞛堨溂氅�, 鞝滌稖靹滊電� 鞚措ゼ 氤错喌欤� 鞚茧秬鞚� 瓴届牅鞝� 霌标皜氍茧 氤搓碃 順勱笀鞙茧 鞝曥偘霅滊嫟瓿� 靹る獏頃╇媹雼�. 頃措嫻 韺厐 雼渼鞐愲姅 氚半嫻 鞛埇鞛愲ゼ 韱淀暣 旆摑頃� 旮堨暋鞚� 韽暔霅橂┌, 鞚挫棸 氤挫儊 頂岆灉鞐� 霐半ジ 靹犿儩鞐� 霐半澕 歆�旮夒悹 鞓堨爼鞛呺媹雼�. 頃措嫻 鞏戩嫕鞚� 2025-08-15(08/15/2025)鞐� 雽�毽澑鞚� 靹滊獏頄堨姷雼堧嫟.
Joseph J. Russo, EVP et Pr茅sident 鈥� Global Networks & Tech chez Verizon Communications (VZ), a d茅clar茅 l鈥檃cquisition non mon茅taire d鈥檜nit茅s fant么mes d鈥檃ctions dans le cadre du plan de r茅mun茅ration diff茅r茅e de la soci茅t茅. Le formulaire 4 indique une acquisition le 08/14/2025 de 88.31 unit茅s fant么mes, que le dossier d茅crit comme des 茅quivalents 茅conomiques de parts d鈥檃ctions ordinaires et qui seront r茅gl茅es en esp猫ces. Les unit茅s fant么mes incluent des montants acquis par r茅investissement des dividendes et seront payables selon les options choisies dans le plan de r茅mun茅ration diff茅r茅e. Le formulaire a 茅t茅 sign茅 par un mandataire le 08/15/2025.
Joseph J. Russo, EVP & President 鈥� Global Networks & Tech bei Verizon Communications (VZ), meldete den nicht zahlungswirksamen Erwerb von Phantom-Aktieneinheiten im Rahmen des Deferred-Compensation-Plans des Unternehmens. In Formular 4 ist ein Erwerb am 08/14/2025 von 88.31 Phantom-Aktieneinheiten verzeichnet, die in der Einreichung als wirtschaftliches 脛quivalent von Anteilen an Stammaktien beschrieben werden und bar abgewickelt werden. Die Phantom-Einheiten umfassen Betr盲ge, die durch Dividendeneinbeziehung erworben wurden, und werden entsprechend den im Deferred-Compensation-Plan getroffenen Optionen ausgezahlt. Das Formular wurde am 08/15/2025 von einem Bevollm盲chtigten unterschrieben.
- Disclosure complies with Section 16 reporting, showing timely reporting of deferred compensation unit acquisition
- Phantom units are cash-settled, so there is no immediate dilution of common shares
- None.
Insights
TL;DR: Routine, non-cash deferred-compensation grant; limited immediate market impact.
The filing documents a deferred compensation acquisition rather than an open-market purchase or sale of Verizon common stock. Such phantom-unit grants are typically part of executive compensation and are settled in cash, reducing direct share issuance impact. The reported quantity (88.31 units) and inclusion of dividend reinvestment are administrative details; no change to outstanding common shares or immediate liquidity events are evident from this filing alone. This is a routine disclosure rather than a material corporate action.
TL;DR: Compensation-related filing that reflects plan participation, not a signal of altered ownership control.
The Form 4 identifies the reporting person鈥檚 role and shows the acquisition arose under the company鈥檚 deferred compensation plan, with payments subject to the executive鈥檚 plan elections. The filing clarifies these are phantom units settled in cash and include dividend reinvestment. From a governance perspective, the disclosure satisfies reporting obligations; it does not indicate a change in voting power or a transfer of beneficial ownership of common stock.
Joseph J. Russo, EVP e Presidente 鈥� Global Networks & Tech di Verizon Communications (VZ), ha registrato l鈥檃cquisizione non in contanti di phantom stock unit nell鈥檃mbito del piano di compensazione differita della societ脿. Il Modulo 4 indica un鈥檃cquisizione in data 08/14/2025 di 88.31 phantom stock units, che il documento descrive come equivalenti economici di porzioni di azioni ordinarie e che verranno liquidate in contanti. Le phantom units comprendono importi acquisiti tramite il reinvestimento dei dividendi e saranno pagabili secondo le opzioni scelte nel piano di compensazione differita. Il modulo 猫 stato firmato da un procuratore il 08/15/2025.
Joseph J. Russo, EVP y Presidente 鈥� Global Networks & Tech en Verizon Communications (VZ), inform贸 la adquisici贸n no monetaria de unidades fantasma de acciones bajo el plan de compensaci贸n diferida de la compa帽铆a. El Formulario 4 muestra una adquisici贸n el 08/14/2025 de 88.31 unidades fantasma, que seg煤n el documento son equivalentes econ贸micos de porciones de acciones ordinarias y se liquidan en efectivo. Las unidades fantasma incluyen importes obtenidos mediante el reinversi贸n de dividendos y se pagar谩n conforme a las elecciones realizadas en el plan de compensaci贸n diferida. El formulario fue firmado por un apoderado el 08/15/2025.
Verizon Communications(VZ)鞚� EVP 瓴� 旮�搿滊矊 雱ろ姼鞗岉伂 & 旮办垹 雼措嫻 靷灔 Joseph J. Russo臧� 須岇偓鞚� 鞚挫棸 氤挫儊 頂岆灉鞐� 霐半ジ 韺厐 鞀ろ啞 雼渼(non-cash)毳� 旆摑頃� 瓴冹溂搿� 氤搓碃頄堨姷雼堧嫟. Form 4鞐愲姅 2025-08-14(08/14/2025)鞐� 88.31 韺厐 鞀ろ啞 雼渼毳� 旆摑頃� 瓴冹溂搿� 響滌嫓霅橃柎 鞛堨溂氅�, 鞝滌稖靹滊電� 鞚措ゼ 氤错喌欤� 鞚茧秬鞚� 瓴届牅鞝� 霌标皜氍茧 氤搓碃 順勱笀鞙茧 鞝曥偘霅滊嫟瓿� 靹る獏頃╇媹雼�. 頃措嫻 韺厐 雼渼鞐愲姅 氚半嫻 鞛埇鞛愲ゼ 韱淀暣 旆摑頃� 旮堨暋鞚� 韽暔霅橂┌, 鞚挫棸 氤挫儊 頂岆灉鞐� 霐半ジ 靹犿儩鞐� 霐半澕 歆�旮夒悹 鞓堨爼鞛呺媹雼�. 頃措嫻 鞏戩嫕鞚� 2025-08-15(08/15/2025)鞐� 雽�毽澑鞚� 靹滊獏頄堨姷雼堧嫟.
Joseph J. Russo, EVP et Pr茅sident 鈥� Global Networks & Tech chez Verizon Communications (VZ), a d茅clar茅 l鈥檃cquisition non mon茅taire d鈥檜nit茅s fant么mes d鈥檃ctions dans le cadre du plan de r茅mun茅ration diff茅r茅e de la soci茅t茅. Le formulaire 4 indique une acquisition le 08/14/2025 de 88.31 unit茅s fant么mes, que le dossier d茅crit comme des 茅quivalents 茅conomiques de parts d鈥檃ctions ordinaires et qui seront r茅gl茅es en esp猫ces. Les unit茅s fant么mes incluent des montants acquis par r茅investissement des dividendes et seront payables selon les options choisies dans le plan de r茅mun茅ration diff茅r茅e. Le formulaire a 茅t茅 sign茅 par un mandataire le 08/15/2025.
Joseph J. Russo, EVP & President 鈥� Global Networks & Tech bei Verizon Communications (VZ), meldete den nicht zahlungswirksamen Erwerb von Phantom-Aktieneinheiten im Rahmen des Deferred-Compensation-Plans des Unternehmens. In Formular 4 ist ein Erwerb am 08/14/2025 von 88.31 Phantom-Aktieneinheiten verzeichnet, die in der Einreichung als wirtschaftliches 脛quivalent von Anteilen an Stammaktien beschrieben werden und bar abgewickelt werden. Die Phantom-Einheiten umfassen Betr盲ge, die durch Dividendeneinbeziehung erworben wurden, und werden entsprechend den im Deferred-Compensation-Plan getroffenen Optionen ausgezahlt. Das Formular wurde am 08/15/2025 von einem Bevollm盲chtigten unterschrieben.
FAQ
What did Verizon insider Joseph J. Russo report on Form 4 (VZ)?
Does the Form 4 indicate an open-market purchase or sale of VZ shares?
Are the phantom stock units convertible to Verizon common stock?
Do these reported units change voting power or outstanding shares of VZ?
Did the Form 4 disclose how the phantom units were acquired?
