Skiadas Anthony T 4

What Happened
Anthony T. Skiadas, EVP and Chief Financial Officer of Verizon Communications (VZ), had 86,131 shares of common stock issued to him upon the vesting of performance stock units on 2026-02-11. To satisfy tax withholding on the vesting, 42,378 of those shares were surrendered/withheld at a per-share value of $48.97, producing a withholding value of $2,075,251. This was an award/vesting event (not an open-market sale).

Key Details

• Transaction date(s): 2026-02-11 (vesting and withholding); Form 4 filed 2026-02-13.
• Award: 86,131 shares issued upon vesting of Performance Stock Units (transaction code A).
• Tax withholding: 42,378 shares disposed/withheld to cover tax liability at $48.97 per share = $2,075,251 (transaction code F).
• Footnote: The shares were issued upon vesting of PSUs subject to performance criteria other than the issuer's stock price.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Timeliness: Filing on 2026-02-13 follows the Feb 11 transaction and falls within the typical two-business-day Form 4 filing window.

Context
This was a routine vesting/settlement of performance-based equity. The withholding of shares to cover taxes is common and should not be read as a market-sale decision — the shares were surrendered to pay tax obligations rather than sold on the open market.