Verizon Communications: evp and chief legal officer Venkatesh Vandana received 98.907 shares

What happened Venkatesh Vandana, evp and chief legal officer, received 98.907 shares of phantom stock as an award on Oct 22, 2026, at $12.91 per share for $1,277. The filing classifies the grant as a derivative award.

Key details

• Transaction date: Oct 22, 2026; filing date: Oct 23, 2026. Transaction code: A (award/grant).
• Price reported: $12.91 per share; total reported value: $1,277.
• Shares owned after the transaction: not reported in the filing.
• Footnotes: F1 notes each phantom share is the economic equivalent of a portion of one common share and is settled in cash and payable upon events established under the deferred compensation plan; F2 notes inclusion of phantom stock acquired through dividend reinvestment.
• Filing timeliness: not marked as late in the filing data provided.

Why it may matter This filing reports an award of phantom stock (a cash-settled derivative) to the reporting person. A filing does not show why the insider traded or why the company acted.