Joseph J. Russo - 12 Feb 2025 Form 4 Insider Report for VERIZON COMMUNICATIONS INC (VZ)

Role: EVP&Pres-Global Networks&Tech
Signature: Evgeniya Berezkina, Attorney-in-fact for Joseph J. Russo
Issuer symbol: VZ
Transactions as of: 12 Feb 2025
Net transactions value: -$121,306
Form type: 4
Filing time: 14 Feb 2025, 12:34:57 UTC
Previous filing: 03 Feb 2025
Next filing: 14 Feb 2025
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		+8,514	+32%		35,503	12 Feb 2025	Direct	F1, F2
transaction	VZ	Common Stock	Tax liability	$121,306	-2,993	-8.4%	$40.53	32,510	12 Feb 2025	Direct	F2
holding	VZ	Common Stock						5,805	12 Feb 2025	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 - 2022 Award	Options Exercise		-8,514	-100%		0	12 Feb 2025	Common Stock	8,514		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.

Remarks:

Exhibit 24 - Power of Attorney.