Anthony T. Skiadas - Nov 2, 2023 Form 4 Insider Report for VERIZON COMMUNICATIONS INC (VZ)

Role: EVP and CFO
Signature: Brandon N. Egren, Attorney-in-fact for Anthony T. Skiadas
Stock symbol: VZ
Transactions as of: Nov 2, 2023
Transactions value $: -$816,805
Form type: 4
Date filed: 11/6/2023, 02:16 PM
Previous filing: Oct 30, 2023
Next filing: Nov 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VZ	Common Stock	Options Exercise		+24.4K	+40.51%		84.7K	Nov 2, 2023	Direct	F1
transaction	VZ	Common Stock	Tax liability	-$418K	-12.5K	-14.75%	$33.44	72.2K	Nov 2, 2023	Direct
transaction	VZ	Common Stock	Disposed to Issuer	-$399K	-11.9K	-16.52%	$33.44	60.3K	Nov 2, 2023	Direct
holding	VZ	Common Stock						2.55K	Nov 2, 2023	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	Special Restricted Stock Units - 2021 Award	Options Exercise		-24.4K	-100%		0	Nov 2, 2023	Common Stock	24.4K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Special Restricted Stock Unit (RSU) represents the right to receive an amount payable in cash equal to the economic equivalent of one share of common stock on the applicable vesting date, subject to the terms of the RSU Agreement.