Vandana Venkatesh's Phantom Stock Acquisition at Verizon Communications Inc.

On October 23, 2025, Vandana Venkatesh, EVP-PubPol & Chief Legal Officer at Verizon Communications Inc., acquired 115.73 units of phantom stock at a price of $10.97 per unit. This transaction was part of a deferred compensation plan, where each unit of phantom stock is the economic equivalent of a portion of one share of common stock and is settled in cash. Following this transaction, Venkatesh holds a total of 46,733.954 units of phantom stock. The phantom stock becomes payable upon events established by the reporting person in accordance with the deferred compensation plan. This filing highlights the executive compensation structure and the use of phantom stock as a form of deferred compensation.