Russo Joseph J. 4

What Happened
Joseph J. Russo, EVP & President — Global Networks & Technology at Verizon Communications (VZ), sold 9,579 shares in an open-market transaction on February 2, 2026. The filing reports a weighted-average price of $44.88 per share for total proceeds of approximately $429,906. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date: 2026-02-02 (reported on Form 4 filed 2026-02-03) — timely filing.
• Transaction type/code: Open-market sale (S).
• Shares sold: 9,579.
• Price: reported weighted-average $44.88; footnote indicates individual sale prices ranged $44.725 to $44.88 (F1).
• Proceeds: ~$429,906.
• Shares owned after transaction: Not specified in the provided summary — see the full Form 4 for post-transaction holdings; footnote F2 notes holdings include shares acquired through dividend reinvestment.
• Footnotes: F1 — weighted-average price; breakdown by individual trades available on request. F2 — ownership total includes dividend reinvestment.
• Filing timeliness: Filed one day after the transaction (appears timely).

Context
Sales by executives can be for many routine reasons (liquidity, tax planning, diversification) and do not by themselves indicate a change in company outlook. Purchases generally carry more informational weight for bullish signals. For full ownership details or the per-trade price breakdown, consult the complete Form 4 filing (accession 0001968243-26-000008).