Russo Joseph J.

Russo Joseph J., an executive vice president and president of global networks and technology at Verizon Communications, has been a steady accumulator of company stock through recurring compensation grants, with no open-market purchases in the recent filing window. Across 78 Form 4 transactions, all tied to VZ, he recorded zero buy value and roughly $429,906 in open-market sales, while acquiring about $454,198 in shares through awards and option exercises. The most notable sale occurred on February 2, 2026, when Russo disposed of VZ shares worth $429,905.52 — the only "S" transaction in the recent batch — followed by a series of tax-withholding dispositions (code "F") later that month totaling over $2.1 million, which are automatic and tied to vesting rather than discretionary decisions. The pattern since late January 2026 has been dominated by small, recurring awards of roughly $1,100 every two weeks, reflecting scheduled compensation rather than conviction buying. A larger grant of $149,635.48 arrived on February 26, 2026, alongside option exercises on February 27, 2026, that carried no cash value but triggered substantial tax-related share withholdings. The single open-market sale in early February stands out as the only discretionary sell signal, though it represents a modest fraction of his overall holdings. With no "P" transactions and a consistent stream of automatic awards and vesting events, Russo's recent activity skews toward passive accumulation and routine liquidity management rather than directional bets on VZ's share price.