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VERIZON COMMUNICATIONS INC — Director's Dealing 2025
Mar 4, 2025
29795_dirs_2025-03-04_b9b2f73e-4283-4ddd-ac3f-fd6f41435ec8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: VERIZON COMMUNICATIONS INC (VZ)
CIK: 0000732712
Period of Report: 2025-03-01
Reporting Person: Russo Joseph J. (EVP&Pres-Global Networks&Tech)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-03-01 | Common Stock | M | 3784 | — | Acquired | 36294 | Direct |
| 2025-03-01 | Common Stock | F | 1847 | $43.10 | Disposed | 34447 | Direct |
| 2025-03-01 | Common Stock | M | 17827 | — | Acquired | 52274 | Direct |
| 2025-03-01 | Common Stock | F | 8700 | $43.10 | Disposed | 43574 | Direct |
| 2025-03-01 | Common Stock | M | 15058 | — | Acquired | 58632 | Direct |
| 2025-03-01 | Common Stock | F | 8334 | $43.10 | Disposed | 50298 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-03-01 | Restricted Stock Units - 2022 Award | $ | M | 3784 | Disposed | Common Stock (3784) | Direct | |
| 2025-03-01 | Restricted Stock Units - 2023 Award | $ | M | 17827 | Disposed | Common Stock (17827) | Direct | |
| 2025-03-01 | Restricted Stock Units - 2024 Award | $ | M | 15058 | Disposed | Common Stock (15058) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 5812 | Indirect |
Footnotes
F1: Each Restricted Stock Unit (RSU) represents the right to receive one share of common stock on the payment date with respect to the date that the RSU vests.
F2: Subject to the terms of the RSU Agreement, the RSUs vest in three equal annual installments beginning on March 1, 2023.
F3: Subject to the terms of the RSU Agreement, the RSUs vest in three equal annual installments beginning on March 1, 2024.
F4: Subject to the terms of the RSU Agreement, the RSUs vest in three equal annual installments beginning on March 1, 2025.