4//SEC Filing
SCHULMAN DANIEL H 4
Accession 0001215315-25-000009
CIK 0000732712other
Filed
Oct 20, 8:00 PM ET
Accepted
Oct 21, 12:40 PM ET
Size
10.6 KB
Accession
0001215315-25-000009
Insider Transaction Report
Form 4
SCHULMAN DANIEL H
DirectorCEO
Transactions
- Award
Restricted Stock Units - Make Whole Award
2025-10-17+225,868→ 225,868 total→ Common Stock (225,868 underlying) - Award
Restricted Stock Units - 2025 CEO Award
2025-10-17+475,512→ 475,512 total→ Common Stock (475,512 underlying) - Award
Performance Stock Units - 2025 Supplemental Award
2025-10-17+222,222→ 222,222 total→ Common Stock (222,222 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit (RSU) represents the right to receive one share of common stock, plus accrued dividends, on the payment date with respect to the date that the RSU vests. Subject to the terms of the RSU Agreement, the RSUs will vest on December 31, 2027.
- [F2]Each RSU represents the right to receive one share of common stock, plus accrued dividends, on the payment date with respect to the date that the RSU vests. Subject to the terms of the RSU Agreement, the RSUs will vest on December 31, 2026.
- [F3]Each Performance Stock Unit (PSU) represents the right to receive one share of common stock, plus accrued dividends, on the payment date with respect to the date that the PSU vests. The PSUs are earned at a range of 0-300% of the target number of PSUs granted based on the achievement of average share price goals specified in the PSU Agreement over a performance period commencing on October 17, 2025 and ending December 31, 2028. Subject to the terms of the PSU Agreement, the earned PSUs will vest on December 31, 2027 or such later date during the performance period on which the applicable share price performance goal is achieved.
Documents
Issuer
VERIZON COMMUNICATIONS INC
CIK 0000732712
Entity typeother
Related Parties
1- filerCIK 0001215315
Filing Metadata
- Form type
- 4
- Filed
- Oct 20, 8:00 PM ET
- Accepted
- Oct 21, 12:40 PM ET
- Size
- 10.6 KB