Venkatesh Vandana, the EVP and Chief Legal Officer at Verizon Communications (VZ), has filed 77 Form 4 transactions with the SEC, all tied to a single company. The pattern is overwhelmingly one of compensation-driven activity rather than discretionary trading. Across all filings, Vandana has recorded zero open-market purchases and zero open-market sales. Instead, the $437,938.80 in total sell value stems entirely from "F" codes—shares withheld automatically to cover tax obligations—while the $267,631.62 in acquired value comes from "A" codes, which represent restricted stock grants or awards, not purchases.
The most recent filings, spanning late January through late July 2026, reinforce this mechanical rhythm. Vandana received a series of small, recurring grants—each valued at roughly $1,276 to $1,277—on a biweekly schedule, consistent with a deferred compensation or dividend-equivalent arrangement. The notable exception came on February 27, 2026, when three separate "M" (option exercise) and "F" (tax withholding) pairs appeared, with the withheld shares valued at $438,574.58, $415,911.30, and $364,216.96 respectively. A similar cluster occurred on February
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