SCHULMAN DANIEL H 4

What Happened Daniel H. Schulman, CEO and Director of Verizon Communications Inc. (VZ), received a grant of 4,223.943 phantom shares on 2026-02-26. The award is reported at an imputed price of $13.95 per share for a total value of $58,924. This was an award/derivative grant (not an open-market purchase or sale) and is cash‑settled under Verizon’s deferred compensation arrangements.

Key Details

• Transaction date: 2026-02-26; filing date: 2026-02-27 (appears timely).
• Award type/code: A (grant/award of derivative phantom stock).
• Amount: 4,223.943 phantom shares at $13.95 / share — total reported value $58,924.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1 — phantom shares are economic equivalents of common stock and settle in cash per the deferred compensation plan; F2 — amount includes phantom stock acquired through dividend reinvestment.

Context Phantom stock awards are a form of deferred compensation that track the value of company stock but are typically settled in cash when vested or payable; they do not represent immediate stock purchases or sales. Such grants are common as part of executive pay and do not, by themselves, indicate a buy or sell signal by the insider.