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: Russo Joseph J. CIK: 0001968243 Role: Officer (EVP&Pres-Global Networks&Tech) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-02-27 | Code: M (Exercise of derivative) Shares: +19,003 Shares Owned After: 86,965 | 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: -9,275 | Price: $50.14 Total Value: $465,048.50 Shares Owned After: 77,690 | Ownership: D (Direct) [Transaction #3] Security: Common Stock Date: 2026-02-27 | Code: M (Exercise of derivative) Shares: +16,051 Shares Owned After: 93,741 | 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: -7,833 | Price: $50.14 Total Value: $392,746.62 Shares Owned After: 85,908 | Ownership: D (Direct) [Transaction #5] Security: Common Stock Date: 2026-02-27 | Code: M (Exercise of derivative) Shares: +13,657 Shares Owned After: 99,565 | 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: -7,435 | Price: $50.14 Total Value: $372,790.90 Shares Owned After: 92,130 | Ownership: D (Direct) --- Derivative Transactions --- [Transaction #1] Security: Restricted Stock Units - 2023 Award Date: 2026-02-27 | Code: M (Exercise of derivative) Shares: -19,003 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: -16,051 Shares Owned After: 16,053 | 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: -13,657 Shares Owned After: 27,314 | 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 Joseph J. Russo (2026-03-03)