March 1, 2024 · Form 4 insider transaction
OTIS CLARENCE JR bought 5,224 shares of Verizon Communications Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Each share of phantom stock is the economic equivalent of one share of common stock and is settled in cash. The shares of phantom stock become payable following the reporting person's termination of service as a director.; Includes phantom stock acquired through dividend reinvestment.