Verizon (VZ)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-02-27 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: VERIZON COMMUNICATIONS INC (VZ) CIK: 0000732712 --- Reporting Owner --- Name: Malady Kyle CIK: 0001760581 Role: Officer (EVP and Group CEO-VZ Business) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-02-27 | Code: M (Exercise of derivative) Shares: +34,020 Shares Owned After: 95,407 | Ownership: D (Direct) 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. [Transaction #2] Security: Common Stock Date: 2026-02-27 | Code: F (Payment of exercise/tax) Shares: -16,602 | Price: $50.14 Total Value: $832,424.28 Shares Owned After: 78,805 | Ownership: D (Direct) [Transaction #3] Security: Common Stock Date: 2026-02-27 | Code: M (Exercise of derivative) Shares: +34,936 Shares Owned After: 113,741 | Ownership: D (Direct) 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. [Transaction #4] Security: Common Stock Date: 2026-02-27 | Code: F (Payment of exercise/tax) Shares: -17,049 | Price: $50.14 Total Value: $854,836.86 Shares Owned After: 96,692 | Ownership: D (Direct) [Transaction #5] Security: Common Stock Date: 2026-02-27 | Code: M (Exercise of derivative) Shares: +31,331 Shares Owned After: 128,023 | Ownership: D (Direct) 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. [Transaction #6] Security: Common Stock Date: 2026-02-27 | Code: F (Payment of exercise/tax) Shares: -17,057 | Price: $50.14 Total Value: $855,237.98 Shares Owned After: 110,966 | Ownership: D (Direct) --- Derivative Transactions --- [Transaction #1] Security: Restricted Stock Units - 2023 Award Date: 2026-02-27 | Code: M (Exercise of derivative) Shares: -34,020 Shares Owned After: 0 | Ownership: D (Direct) 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. [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, 2024. [F2] Subject to the terms of the RSU Agreement, the RSUs vest in three equal annual installments beginning on March 1, 2024. [Transaction #2] Security: Restricted Stock Units - 2024 Award Date: 2026-02-27 | Code: M (Exercise of derivative) Shares: -34,936 Shares Owned After: 34,936 | Ownership: D (Direct) 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. [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. [F3] Subject to the terms of the RSU Agreement, the RSUs vest in three equal annual installments beginning on March 1, 2025. [F3] Subject to the terms of the RSU Agreement, the RSUs vest in three equal annual installments beginning on March 1, 2025. [Transaction #3] Security: Restricted Stock Units - 2025 Award Date: 2026-02-27 | Code: M (Exercise of derivative) Shares: -31,331 Shares Owned After: 62,662 | Ownership: D (Direct) 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. [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. [F4] Subject to the terms of the RSU Agreement, the RSUs vest in three equal annual installments beginning on March 1, 2026. [F4] Subject to the terms of the RSU Agreement, the RSUs vest in three equal annual installments beginning on March 1, 2026. --- Holdings --- [Holding #1] Security: Common Stock Ownership: I (Indirect) --- Footnotes (Complete Index) --- 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, 2024. F3: Subject to the terms of the RSU Agreement, the RSUs vest in three equal annual installments beginning on March 1, 2025. F4: Subject to the terms of the RSU Agreement, the RSUs vest in three equal annual installments beginning on March 1, 2026. --- Signature --- /s/ Evgeniya Berezkina, Attorney-in-fact for Kyle Malady (2026-03-03)