Russo Joseph J. bought VZ
February 27, 2025 · Form 4 insider transaction
Russo Joseph J. bought 11,353.263 shares of Verizon Communications Inc. at $12.34 per share, a transaction worth $140.1K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Direction
Acquired (buy-side)
Shares
11,353.263
Price
$12.34
Total value
$140.1K
InsiderRusso Joseph J.
Role—
SecurityPhantom Stock (unitized)
Transaction codeA: Grant or award
Transaction dateFebruary 27, 2025
Filing dateFebruary 28, 2025
Shares owned after64,064
OwnershipIndirect
10b5-1 planNo
AmendedNo
Footnotes
Each share of phantom stock is the economic equivalent of a portion of one share of common stock and is settled in cash. Of the total amount acquired, 5,632.232 shares of phantom stock may be reallocated into other plan investments. The shares of phantom stock become payable upon events established by the reporting person in accordance with the deferred compensation plan.; Includes phantom stock acquired through dividend reinvestment.