Joseph J. Russo - 14 Feb 2024 Form 4 Insider Report for VERIZON COMMUNICATIONS INC (VZ)

Role
EVP&Pres-Global Networks&Tech
Signature
Brandon N. Egren, Attorney-in-fact for Joseph J. Russo
Issuer symbol
VZ
Transactions as of
14 Feb 2024
Net transactions value
-$67,131
Form type
4
Filing time
16 Feb 2024, 10:00:38 UTC
Previous filing
05 Feb 2024
Next filing
20 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VZ Common Stock Options Exercise +4,639 +39% 16,641 14 Feb 2024 Direct F1, F2
transaction VZ Common Stock Tax liability $67,131 -1,672 -10% $40.15 14,969 14 Feb 2024 Direct F2
holding VZ Common Stock 5,323 14 Feb 2024 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 Performance Stock Units - 2021 Award Options Exercise -4,639 -100% 0 14 Feb 2024 Common Stock 4,639 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Performance Stock Unit (PSU) represents the right to receive one share of common stock on the payment date with respect to the date that the PSU vests.
F2 Includes common stock acquired through dividend reinvestment.