Arumugavelu Shankar 4
4 · VERIZON COMMUNICATIONS INC · Filed Jul 8, 2024
Insider Transaction Report
Form 4
Arumugavelu Shankar
EVP-Verizon Global Services
Transactions
- Award
Phantom Stock (unitized)
2024-07-03$11.73/sh+155.382$1,823→ 197,639.96 total(indirect: By Deferred Compensation Plan)→ Common Stock (44 underlying)
Footnotes (2)
- [F1]Each share of phantom stock is the economic equivalent of a portion of one share of common stock and is settled in cash. Of the total amount acquired, 77.691 shares of phantom stock may be reallocated into other plan investments. The shares of phantom stock become payable upon events established by the reporting person in accordance with the deferred compensation plan.
- [F2]Includes phantom stock acquired through dividend reinvestment.