Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-10-14

Verizon Communications (VZ)

CEO Daniel Schulman was paid $34,311,016 in fiscal year 2025, the 48th percentile of its disclosed peer group (SEC filing 0001308179-26-000210 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$34,311,016
Daniel Schulman total, FY2025
48th
CEO pay percentile vs peers
248:1
CEO-to-median pay ratio
87.11%
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Sample answer — “What is the CEO’s total compensation?”
- Daniel Schulman (Chief Executive Officer), FY2025 total compensation $34,311,016 (base salary $375,000) [exec_comp, SEC accession 0001308179-26-000210, filed 2026-04-06]

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VZ's next annual pay disclosure, estimated April 5, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Daniel Schulman$375,000$0$32,774,795$0$937,500$0$223,721$34,311,016
Chief Executive Officer
Hans Vestberg1,500,000025,000,03503,750,0001,534923,45331,175,022
Former Chairman and Chief Executive Officer
Sowmyanarayan Sampath1,200,000015,000,01502,400,0001,277299,85018,901,142
Former Executive Vice President and Group CEO – Verizon Consumer
Anthony Skiadas1,100,000013,000,06701,650,0001,299256,86016,008,226
Executive Vice President and Chief Financial Officer
Kyle Malady1,100,00009,750,06101,650,0005,268257,53112,762,860
Executive Vice President and Group CEO Verizon Business
Vandana Venkatesh900,00005,000,06801,350,0004,265176,2577,430,590
Executive Vice President and Chief Legal Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Daniel Schulman$34,311,016———
Hans Vestberg31,175,02224,160,02424,129,317↑ +7,014,998
Sowmyanarayan Sampath18,901,14213,275,81511,379,962↑ +5,625,327
Anthony Skiadas16,008,22611,250,0548,931,313↑ +4,758,172
Kyle Malady12,762,86012,300,17710,810,203↑ +462,683
Vandana Venkatesh7,430,5906,435,134—↑ +995,456

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2025 total
Daniel SchulmanCEO$34,311,016
Anthony SkiadasCFO$16,008,226
Kyle MaladyCEO$12,762,860
Sowmyanarayan SampathEVP$18,901,142
Vandana VenkateshGeneral Counsel$7,430,590
Hans VestbergExecutive$31,175,022
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Carol ToméIndependent Director$335,334
Caroline LitchfieldIndependent Director$335,000
Clarence Otis JrIndependent Director$335,305
Jennifer MannIndependent Director$139,584
Laxman NarasimhanIndependent Director$342,593
Mark BertoliniChair of the Board$398,750
Rodney SlaterFormer director (through FY2025)$262,084
Roxanne AustinIndependent Director$370,000
Shellye ArchambeauIndependent Director$355,225
Vittorio ColaoIndependent Director$336,667
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Dividend-equivalent accruals2026-04-09—1,012—~13,7989 insiders, 9 accrual rows
Dividend-equivalent accruals2026-04-23—1,024—~13,7969 insiders, 9 accrual rows
Dividend-equivalent accruals2026-05-07—1,027—~13,8019 insiders, 9 accrual rows
Dividend-equivalent accruals2026-05-21—1,002—~13,7979 insiders, 9 accrual rows
Samantha HammockEVP & Chief HR Officer2026-05-29D73,069483,495,036CommonForm 4 ↗
Dividend-equivalent accruals2026-06-04—870—~11,1398 insiders, 8 accrual rows
Dividend-equivalent accruals2026-06-17—851—~11,1348 insiders, 8 accrual rows
Dividend-equivalent accruals2026-07-01—912—~10,9378 insiders, 8 accrual rows
Rodriguez Alfonso VillanuevaExecutive Vice President2026-07-07A47,75400Derivative, Class A CommonForm 4 ↗
Dividend-equivalent accruals2026-07-16—810—~10,1507 insiders, 7 accrual rows
Dividend-equivalent accruals2026-07-30—771—~10,1487 insiders, 7 accrual rows
Dividend-equivalent accruals2026-08-13—788—~10,8407 insiders, 7 accrual rows
Kyle MaladyEVP and Group CEO-VZ Business2026-08-18D1,1004953,548CommonForm 4 ↗
Kyle MaladyEVP and Group CEO-VZ Business2026-08-25D1,1005055,066CommonForm 4 ↗
Dividend-equivalent accruals2026-08-27—769—~10,8457 insiders, 7 accrual rows
Kyle MaladyEVP and Group CEO-VZ Business2026-09-01D1,1005155,550CommonForm 4 ↗
Kyle MaladyEVP and Group CEO-VZ Business2026-09-08D1,1005054,978CommonForm 4 ↗
Dividend-equivalent accruals2026-09-10—891—~12,7117 insiders, 7 accrual rows
Kyle MaladyEVP and Group CEO-VZ Business2026-09-15D1,1005156,309CommonForm 4 ↗
Kyle MaladyEVP and Group CEO-VZ Business2026-09-22D1,1004852,415CommonForm 4 ↗
Dividend-equivalent accruals2026-09-24—803—~10,8447 insiders, 7 accrual rows
Dividend-equivalent accruals2026-09-25—1,770——1 insider, 1 accrual row
Kyle MaladyEVP and Group CEO-VZ Business2026-09-29D1,1004651,040CommonForm 4 ↗
Kyle MaladyEVP and Group CEO-VZ Business2026-10-06D1,1004650,325CommonForm 4 ↗
Dividend-equivalent accruals2026-10-08—819—~10,8397 insiders, 7 accrual rows
Kyle MaladyEVP and Group CEO-VZ Business2026-10-13D1,1004347,223CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 121 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Kyle MaladyEVP and Group CEO-VZ Business2026-04-09A127.53$14$1,738Derivative, Class A CommonForm 4 ↗
Rodriguez Alfonso VillanuevaEVP&Int.Group CEO-VZ Cons.&CTO2026-04-09A76.74141,046Derivative, Class A CommonForm 4 ↗
Samantha HammockEVP & Chief HR Officer2026-04-09A72.5114988Derivative, Class A CommonForm 4 ↗
Mary-Lee StillwellSVP and Controller2026-04-09A42.8914585Derivative, Class A CommonForm 4 ↗
Anthony SkiadasEVP and CFO2026-04-09A127.53141,738Derivative, Class A CommonForm 4 ↗
Hans VestbergDirector2026-04-09A195.25142,661Derivative, Class A CommonForm 4 ↗
Joseph J. RussoEVP&Pres-Global Networks&Tech2026-04-09A80.98141,104Derivative, Class A CommonForm 4 ↗
Vandana VenkateshEVP and Chief Legal Officer2026-04-09A93.67141,277Derivative, Class A CommonForm 4 ↗
Daniel SchulmanDirector2026-04-09A195.25142,661Derivative, Class A CommonForm 4 ↗
Samantha HammockEVP & Chief HR Officer2026-04-23A73.3613988Derivative, Class A CommonForm 4 ↗
Mary-Lee StillwellSVP and Controller2026-04-23A43.3913584Derivative, Class A CommonForm 4 ↗
Hans VestbergDirector2026-04-23A197.54132,661Derivative, Class A CommonForm 4 ↗
Anthony SkiadasEVP and CFO2026-04-23A129.03131,738Derivative, Class A CommonForm 4 ↗
Joseph J. RussoEVP&Pres-Global Networks&Tech2026-04-23A81.93131,104Derivative, Class A CommonForm 4 ↗
Vandana VenkateshEVP and Chief Legal Officer2026-04-23A94.77131,277Derivative, Class A CommonForm 4 ↗
Rodriguez Alfonso VillanuevaEVP&Int.Group CEO-VZ Cons.&CTO2026-04-23A77.64131,046Derivative, Class A CommonForm 4 ↗
Daniel SchulmanDirector2026-04-23A197.54132,661Derivative, Class A CommonForm 4 ↗
Kyle MaladyEVP and Group CEO-VZ Business2026-04-23A129.03131,738Derivative, Class A CommonForm 4 ↗
Mary-Lee StillwellSVP and Controller2026-05-07A43.513585Derivative, Class A CommonForm 4 ↗
Hans VestbergDirector2026-05-07A198.05132,662Derivative, Class A CommonForm 4 ↗
Joseph J. RussoEVP&Pres-Global Networks&Tech2026-05-07A82.14131,104Derivative, Class A CommonForm 4 ↗
Vandana VenkateshEVP and Chief Legal Officer2026-05-07A95.02131,277Derivative, Class A CommonForm 4 ↗
Anthony SkiadasEVP and CFO2026-05-07A129.36131,739Derivative, Class A CommonForm 4 ↗
Samantha HammockEVP & Chief HR Officer2026-05-07A73.5513989Derivative, Class A CommonForm 4 ↗
Kyle MaladyEVP and Group CEO-VZ Business2026-05-07A129.36131,739Derivative, Class A CommonForm 4 ↗
Rodriguez Alfonso VillanuevaEVP&Int.Group CEO-VZ Cons.&CTO2026-05-07A77.85131,046Derivative, Class A CommonForm 4 ↗
Daniel SchulmanDirector2026-05-07A198.05132,662Derivative, Class A CommonForm 4 ↗
Joseph J. RussoEVP&Pres-Global Networks&Tech2026-05-21A80.14141,104Derivative, Class A CommonForm 4 ↗
Rodriguez Alfonso VillanuevaEVP&Int.Group CEO-VZ Cons.&CTO2026-05-21A75.96141,046Derivative, Class A CommonForm 4 ↗
Daniel SchulmanDirector2026-05-21A193.24142,661Derivative, Class A CommonForm 4 ↗
Samantha HammockEVP & Chief HR Officer2026-05-21A71.7714988Derivative, Class A CommonForm 4 ↗
Vandana VenkateshEVP and Chief Legal Officer2026-05-21A92.71141,277Derivative, Class A CommonForm 4 ↗
Hans VestbergDirector2026-05-21A193.24142,661Derivative, Class A CommonForm 4 ↗
Kyle MaladyEVP and Group CEO-VZ Business2026-05-21A126.22141,738Derivative, Class A CommonForm 4 ↗
Mary-Lee StillwellSVP and Controller2026-05-21A42.4514584Derivative, Class A CommonForm 4 ↗
Anthony SkiadasEVP and CFO2026-05-21A126.22141,738Derivative, Class A CommonForm 4 ↗
Samantha HammockEVP & Chief HR Officer2026-05-29D73,069483,495,036CommonForm 4 ↗
Samantha HammockEVP & Chief HR Officer2026-06-04A77.1713988Derivative, Class A CommonForm 4 ↗
Vandana VenkateshEVP and Chief Legal Officer2026-06-04A99.68131,277Derivative, Class A CommonForm 4 ↗
Joseph J. RussoEVP&Pres-Global Networks&Tech2026-06-04A86.17131,104Derivative, Class A CommonForm 4 ↗
Anthony SkiadasEVP and CFO2026-06-04A135.72131,739Derivative, Class A CommonForm 4 ↗
Rodriguez Alfonso VillanuevaEVP&Int.Group CEO-VZ Cons.&CTO2026-06-04A81.67131,046Derivative, Class A CommonForm 4 ↗
Kyle MaladyEVP and Group CEO-VZ Business2026-06-04A135.72131,739Derivative, Class A CommonForm 4 ↗
Mary-Lee StillwellSVP and Controller2026-06-04A45.6413585Derivative, Class A CommonForm 4 ↗
Daniel SchulmanDirector2026-06-04A207.78132,662Derivative, Class A CommonForm 4 ↗
Samantha HammockEVP & Chief HR Officer2026-06-17A75.5413988Derivative, Class A CommonForm 4 ↗
Mary-Lee StillwellSVP and Controller2026-06-17A44.6813584Derivative, Class A CommonForm 4 ↗
Daniel SchulmanDirector2026-06-17A203.41132,661Derivative, Class A CommonForm 4 ↗
Joseph J. RussoEVP&Pres-Global Networks&Tech2026-06-17A84.36131,103Derivative, Class A CommonForm 4 ↗
Rodriguez Alfonso VillanuevaEVP&Int.Group CEO-VZ Cons.&CTO2026-06-17A79.95131,046Derivative, Class A CommonForm 4 ↗
Kyle MaladyEVP and Group CEO-VZ Business2026-06-17A132.86131,738Derivative, Class A CommonForm 4 ↗
Anthony SkiadasEVP and CFO2026-06-17A132.86131,738Derivative, Class A CommonForm 4 ↗
Vandana VenkateshEVP and Chief Legal Officer2026-06-17A97.59131,276Derivative, Class A CommonForm 4 ↗
Joseph J. RussoEVP&Pres-Global Networks&Tech2026-07-01A92.03121,103Derivative, Class A CommonForm 4 ↗
Mary-Lee StillwellSVP and Controller2026-07-01A48.7412584Derivative, Class A CommonForm 4 ↗
Samantha HammockEVP & Chief HR Officer2026-07-01A65.9312791Derivative, Class A CommonForm 4 ↗
Rodriguez Alfonso VillanuevaEVP&Int.Group CEO-VZ Cons.&CTO2026-07-01A87.22121,046Derivative, Class A CommonForm 4 ↗
Kyle MaladyEVP and Group CEO-VZ Business2026-07-01A144.94121,738Derivative, Class A CommonForm 4 ↗
Vandana VenkateshEVP and Chief Legal Officer2026-07-01A106.46121,276Derivative, Class A CommonForm 4 ↗
Anthony SkiadasEVP and CFO2026-07-01A144.94121,738Derivative, Class A CommonForm 4 ↗
Daniel SchulmanDirector2026-07-01A221.91122,661Derivative, Class A CommonForm 4 ↗
Rodriguez Alfonso VillanuevaExecutive Vice President2026-07-07A47,75400Derivative, Class A CommonForm 4 ↗
Mary-Lee StillwellSVP and Controller2026-07-16A46.6613585Derivative, Class A CommonForm 4 ↗
Joseph J. RussoEVP&Pres-Global Networks&Tech2026-07-16A88.09131,104Derivative, Class A CommonForm 4 ↗
Vandana VenkateshEVP and Chief Legal Officer2026-07-16A101.91131,277Derivative, Class A CommonForm 4 ↗
Kyle MaladyEVP and Group CEO-VZ Business2026-07-16A138.74131,738Derivative, Class A CommonForm 4 ↗
Rodriguez Alfonso VillanuevaExecutive Vice President2026-07-16A83.49131,046Derivative, Class A CommonForm 4 ↗
Anthony SkiadasEVP and CFO2026-07-16A138.74131,738Derivative, Class A CommonForm 4 ↗
Daniel SchulmanDirector2026-07-16A212.41132,661Derivative, Class A CommonForm 4 ↗
Mary-Lee StillwellSVP and Controller2026-07-30A44.4113584Derivative, Class A CommonForm 4 ↗
Kyle MaladyEVP and Group CEO-VZ Business2026-07-30A132.07131,738Derivative, Class A CommonForm 4 ↗
Daniel SchulmanDirector2026-07-30A202.2132,661Derivative, Class A CommonForm 4 ↗
Joseph J. RussoEVP&Pres-Global Networks&Tech2026-07-30A83.86131,104Derivative, Class A CommonForm 4 ↗
Anthony SkiadasEVP and CFO2026-07-30A132.07131,738Derivative, Class A CommonForm 4 ↗
Rodriguez Alfonso VillanuevaEVP and Group CEO-VZ Consumer2026-07-30A79.48131,046Derivative, Class A CommonForm 4 ↗
Vandana VenkateshEVP and Chief Legal Officer2026-07-30A97.01131,277Derivative, Class A CommonForm 4 ↗
Kyle MaladyEVP and Group CEO-VZ Business2026-08-13A126.31141,738Derivative, Class A CommonForm 4 ↗
Rodriguez Alfonso VillanuevaEVP and Group CEO-VZ Consumer2026-08-13A126.31141,738Derivative, Class A CommonForm 4 ↗
Mary-Lee StillwellSVP and Controller2026-08-13A42.4814584Derivative, Class A CommonForm 4 ↗
Joseph J. RussoEVP&Pres-Global Networks&Tech2026-08-13A80.2141,104Derivative, Class A CommonForm 4 ↗
Vandana VenkateshEVP and Chief Legal Officer2026-08-13A92.78141,277Derivative, Class A CommonForm 4 ↗
Daniel SchulmanDirector2026-08-13A193.38142,661Derivative, Class A CommonForm 4 ↗
Anthony SkiadasEVP and CFO2026-08-13A126.31141,738Derivative, Class A CommonForm 4 ↗
Kyle MaladyEVP and Group CEO-VZ Business2026-08-18D1,1004953,548CommonForm 4 ↗
Kyle MaladyEVP and Group CEO-VZ Business2026-08-25D1,1005055,066CommonForm 4 ↗
Mary-Lee StillwellSVP and Controller2026-08-27A41.4414585Derivative, Class A CommonForm 4 ↗
Rodriguez Alfonso VillanuevaEVP and Group CEO-VZ Consumer2026-08-27A123.24141,739Derivative, Class A CommonForm 4 ↗
Kyle MaladyEVP and Group CEO-VZ Business2026-08-27A123.24141,739Derivative, Class A CommonForm 4 ↗
Joseph J. RussoEVP&Pres-Global Networks&Tech2026-08-27A78.25141,104Derivative, Class A CommonForm 4 ↗
Vandana VenkateshEVP and Chief Legal Officer2026-08-27A90.52141,277Derivative, Class A CommonForm 4 ↗
Anthony SkiadasEVP and CFO2026-08-27A123.24141,739Derivative, Class A CommonForm 4 ↗
Daniel SchulmanDirector2026-08-27A188.67142,662Derivative, Class A CommonForm 4 ↗
Kyle MaladyEVP and Group CEO-VZ Business2026-09-01D1,1005155,550CommonForm 4 ↗
Kyle MaladyEVP and Group CEO-VZ Business2026-09-08D1,1005054,978CommonForm 4 ↗
Vandana VenkateshEVP and Chief Legal Officer2026-09-10A89.55141,277Derivative, Class A CommonForm 4 ↗
Rodriguez Alfonso VillanuevaEVP and Group CEO-VZ Consumer2026-09-10A252.99143,608Derivative, Class A CommonForm 4 ↗
Joseph J. RussoEVP&Pres-Global Networks&Tech2026-09-10A77.41141,104Derivative, Class A CommonForm 4 ↗
Mary-Lee StillwellSVP and Controller2026-09-10A4114585Derivative, Class A CommonForm 4 ↗
Kyle MaladyEVP and Group CEO-VZ Business2026-09-10A121.91141,738Derivative, Class A CommonForm 4 ↗
Daniel SchulmanDirector2026-09-10A186.64142,662Derivative, Class A CommonForm 4 ↗
Anthony SkiadasEVP and CFO2026-09-10A121.91141,738Derivative, Class A CommonForm 4 ↗
Kyle MaladyEVP and Group CEO-VZ Business2026-09-15D1,1005156,309CommonForm 4 ↗
Kyle MaladyEVP and Group CEO-VZ Business2026-09-22D1,1004852,415CommonForm 4 ↗
Kyle MaladyEVP and Group CEO-VZ Business2026-09-24A128.7141,739Derivative, Class A CommonForm 4 ↗
Anthony SkiadasEVP and CFO2026-09-24A128.7141,739Derivative, Class A CommonForm 4 ↗
Vandana VenkateshEVP and Chief Legal Officer2026-09-24A94.53141,277Derivative, Class A CommonForm 4 ↗
Daniel SchulmanDirector2026-09-24A197.03142,662Derivative, Class A CommonForm 4 ↗
Rodriguez Alfonso VillanuevaEVP and Group CEO-VZ Consumer2026-09-24A128.7141,739Derivative, Class A CommonForm 4 ↗
Joseph J. RussoEVP&Pres-Global Networks&Tech2026-09-24A81.72141,104Derivative, Class A CommonForm 4 ↗
Mary-Lee StillwellSVP and Controller2026-09-24A43.2814585Derivative, Class A CommonForm 4 ↗
PHILLIPS JR CHARLES EDirector2026-09-25A1,77000Derivative, Class A CommonForm 4 ↗
Kyle MaladyEVP and Group CEO-VZ Business2026-09-29D1,1004651,040CommonForm 4 ↗
Kyle MaladyEVP and Group CEO-VZ Business2026-10-06D1,1004650,325CommonForm 4 ↗
Kyle MaladyEVP and Group CEO-VZ Business2026-10-08A131.36131,738Derivative, Class A CommonForm 4 ↗
Vandana VenkateshEVP and Chief Legal Officer2026-10-08A96.49131,277Derivative, Class A CommonForm 4 ↗
Daniel SchulmanDirector2026-10-08A201.12132,661Derivative, Class A CommonForm 4 ↗
Joseph J. RussoEVP&Pres-Global Networks&Tech2026-10-08A83.41131,104Derivative, Class A CommonForm 4 ↗
Rodriguez Alfonso VillanuevaEVP and Group CEO-VZ Consumer2026-10-08A131.36131,738Derivative, Class A CommonForm 4 ↗
Mary-Lee StillwellSVP and Controller2026-10-08A44.1813584Derivative, Class A CommonForm 4 ↗
Anthony SkiadasEVP and CFO2026-10-08A131.36131,738Derivative, Class A CommonForm 4 ↗
Kyle MaladyEVP and Group CEO-VZ Business2026-10-13D1,1004347,223CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Sowmyanarayan SampathRSU2025-03-18——99,480—$4,400,000
Anthony SkiadasRSU2025-10-17——98,644—4,000,014
Sowmyanarayan SampathPSU2025-03-18—149,220—298,4406,600,001
Hans VestbergPSU2025-03-18—378,703—757,40616,750,034
Anthony SkiadasPSU2025-03-18—122,090—244,1805,400,041
Kyle MaladyPSU2025-03-18—132,264—264,5285,850,037
Vandana VenkateshPSU2025-03-18—67,828—135,6563,000,032
Daniel SchulmanRSU2025-10-17——475,512—19,282,012
Daniel SchulmanRSU2025-10-17——225,868—9,158,947
Sowmyanarayan SampathRSU2025-10-17——98,644—4,000,014
Daniel SchulmanPSU2025-10-17111,111222,222—666,6664,333,836
Kyle MaladyRSU2025-03-18——88,176—3,900,024
Vandana VenkateshRSU2025-03-18——45,219—2,000,036
Anthony SkiadasRSU2025-03-18——81,393—3,600,012
Hans VestbergRSU2025-03-18——186,525—8,250,001
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Sowmyanarayan Sampath$8,400,014$6,600,001$044.0%
Anthony Skiadas7,600,0265,400,041041.5%
Hans Vestberg8,250,00116,750,034067.0%
Kyle Malady3,900,0245,850,037060.0%
Vandana Venkatesh2,000,0363,000,032060.0%
Daniel Schulman28,440,9594,333,836013.2%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Kyle MaladyPSU173,552—$7,068,773
Hans VestbergRSU107,860—4,393,138
Vandana VenkateshRSU14,657—596,980
Sowmyanarayan SampathRSU2,088—85,044
Vandana VenkateshPSU89,001—3,625,011
Anthony SkiadasRSU85,441—3,480,012
Kyle MaladyRSU68,807—2,802,509
Sowmyanarayan SampathRSU98,644—4,017,770
Anthony SkiadasRSU98,644—4,017,770
Hans VestbergRSU195,801—7,974,975
Vandana VenkateshPSU66,279—2,699,544
Vandana VenkateshRSU47,468—1,933,372
Sowmyanarayan SampathPSU195,801—7,974,975
Kyle MaladyPSU136,239—5,549,014
Sowmyanarayan SampathRSU74,387—3,029,783
Anthony SkiadasRSU16,123—656,690
Hans VestbergPSU299,480—12,197,820
Sowmyanarayan SampathPSU147,285—5,998,918
Anthony SkiadasRSU63,230—2,575,358
Hans VestbergRSU60,721—2,473,166
Sowmyanarayan SampathRSU104,427—4,253,312
Anthony SkiadasRSU19,559—796,638
Hans VestbergPSU496,920—20,239,552
Anthony SkiadasPSU125,192—5,099,070
Daniel SchulmanPSU111,111—4,525,551
Daniel SchulmanRSU475,512—19,367,604
Kyle MaladyRSU92,561—3,770,010
Kyle MaladyRSU33,502—1,364,536
Daniel SchulmanRSU225,868—9,199,604
Sowmyanarayan SampathRSU33,502—1,364,536
Anthony SkiadasPSU160,202—6,525,027
Vandana VenkateshRSU33,475—1,363,437
05

Incentive-plan design — the Compensation Discussion & Analysis

Verizon's executive compensation program supports the creation of shareholder value by pursuing four key objectives: Attract and retain high-performing executives with the leadership abilities and experience necessary to drive our customer-focused, technology-enabled strategy, within an enterprise of our scale, breadth and complexity; Pay for superior results and sustainable growth by rewarding the achievement of challenging short- and long-term performance goals designed to build shareholder value; Drive performance and create shareholder value by emphasizing variable, at-risk compensation with an appropriate balance of short- and long-term objectives that align executive and shareholder interests; and Manage risk through oversight and compensation design features, policies and practices that strike an appropriate balance between risk and reward.

CEO STI target (% of salary)250%
CEO LTI target (% of salary)—
Independent consultantMeridian Compensation Partners, LLC
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-212,403,857,612355,704,06719,003,26387.11%Passed
20252025-05-222,476,221,687269,995,94130,429,86390.17%Passed
20242024-05-092,451,280,357245,825,04220,904,80790.89%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2187.11%a
20252025-05-2290.17%b
20242024-05-0990.89%c

a. Approved under the standard stated in the filing — “This means that abstentions have no effect on the election of Directors or on the outcome of the vote on any other proposal.”.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)248 : 1
CEO total compensation$38,264,880
Median employee compensation$154,605
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Mark BertoliniIndependent · Board Chair · Corporate Governance and Policy · Finance · Human Resources$188,750$210,000$0$0$0$398,750
Daniel SchulmanEmployee director · Lead Independent Director178,750210,000000388,750
Roxanne AustinIndependent · Audit (Chair) · Finance160,000210,000000370,000
Shellye ArchambeauIndependent · Corporate Governance and Policy (Chair) · Audit145,000210,000000355,225
Laxman NarasimhanIndependent · Human Resources (Chair) · Corporate Governance and Policy132,500210,000000342,593
Vittorio ColaoIndependent · Finance (Chair) · Corporate Governance and Policy126,667210,000000336,667
Carol ToméIndependent · Finance125,000210,000000335,334
Clarence Otis JrIndependent · Audit · Finance · Human Resources · Not standing for re-election125,000210,000000335,305
Caroline LitchfieldIndependent · Audit · Corporate Governance and Policy125,000210,000000335,000
Rodney SlaterIndependent · Corporate Governance and Policy · Human Resources · Departed during FY52,084210,000000262,084
Jennifer MannIndependent · Human Resources · Partial-year service · Newly elected52,08487,500000139,584
Hans VestbergEmployee director000000
09

Board fee structure and ownership guideline

Annual cash retainer$125,000
Annual equity retainer$210,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)30,000 / 30,000 / 20,000
Stock ownership guideline5x cash component of annual retainer
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,410,835
Equity awards (grant-date value)$2,187,500
All other compensation$0
Total cost of the board$3,598,335

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Verizon Communications names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Verizon Communications.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Goldman Sachs2025David Solomon$2,000,000$101,177,384$0$0$118,135,674
2Microsoft2025Satya Nadella2,500,00084,245,49609,555,00096,496,790
3Apple2025Tim Cook3,000,00057,535,293012,000,00074,294,811
4UnitedHealth Group2025Stephen Hemsley596,154060,000,024060,938,062
5Netflix2025Ted Sarandos3,000,00041,398,42407,053,95853,905,972
6Cisco2025Charles Robbins1,390,00045,870,69005,117,42452,838,751
7American Express2025Stephen Squeri1,729,16723,486,2575,399,962046,239,805
8JPMorgan Chase2025James Dimon1,500,00032,500,000——40,632,724
9IBM2025Arvind Krishna1,500,00023,988,5866,606,3125,250,00037,989,685
10Nvidia2026Jen-Hsun Huang1,497,62724,800,51106,000,00036,343,830
11T-Mobile US2025Srinivasan Gopalan861,53927,114,07803,623,60335,439,421
12Comcast2025Brian Roberts2,600,96223,473,07608,583,17535,148,413
13Verizon Communications2025Daniel Schulman375,00032,774,7950937,50034,311,016
14Johnson & Johnson2025Joaquin Duato1,600,00015,028,9485,927,9954,298,70032,758,111
15Walmart2026Doug McMillon1,500,00021,051,60504,032,00029,240,930
16Chevron2025Michael Wirth1,900,00013,524,9954,376,6403,562,50026,828,240
17Meta Platforms2025Mark Zuckerberg100025,125,904
18Boeing2025Robert Ortberg1,500,0007,874,8189,624,9593,930,00023,581,389
19Merck2025Robert Davis1,645,30212,102,8383,380,0042,326,50020,797,845
20Procter & Gamble2026Shailesh Jejurikar1,387,50011,035,2093,500,010018,976,742
21Caterpillar2025Joseph Creed1,381,8929,538,4843,101,1172,476,80017,008,077
22Alphabet2025Sundar Pichai2,007,69200010,906,079
23Charter Communications2025Christopher Winfrey1,823,846004,263,1466,466,193
24Amazon2025Andrew Jassy365,0000002,069,861

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Verizon Communications100%PSU 60 · RSU 40Yes — relative total shareholder return (TSR) position compared with the companies in the S&P 100Meridian Compensation Partners, LLC
Alphabetnot disclosednot disclosedYes — Alphabet's relative total shareholder return relative to S&P 100 companies (TSR)Compensia Inc. and Semler Brossy
Amazonnot disclosedRSU 100not disclosedNone (Committee may engage compensation consultants but did not do so in 2025)
American Express181%PSU 100Yes — 3-year TSR compared to LTIA Performance Peer GroupSemler Brossy
Applenot disclosednot disclosedYes — Relative TSRPay Governance LLC
Boeing131%Options 55 · RSU 45NoFW Cook (Frederic W. Cook & Co., Inc.)
Caterpillar118%PSU 50 · RSU 25 · Options 25Yes — relative Total Shareholder Return (rTSR)Meridian Compensation Partners, LLC
Charter Communications94.3%Options 90 · RSU 10not disclosedSemler Brossy Consulting Group, LLC
Chevron125%PSU 50 · RSU 25 · Options 25Yes — Relative Total Stockholder Return (TSR)Meridian Compensation Partners, LLC
Cisco142%PSU 60 · RSU 40Yes — Relative TSRExequity
Comcast110%PSU 100Yes — Relative TSR ModifierKorn Ferry
Goldman Sachsnot disclosednot disclosedNoFrederic W. Cook & Co., Inc. (FW Cook)
IBM150%not disclosedYes — Relative Total Shareholder Return (rTSR)Semler Brossy
Johnson & Johnsonnot disclosednot disclosedYes — Relative TSRSemler Brossy Consulting Group
JPMorgan Chasenot disclosedcash 40 · PSU 30 · RSU 30Nonot disclosed
Merck94%PSU 60 · RSU 20 · Options 20Yes — Relative Total Shareholder Return (R-TSR)FW Cook
Meta Platforms115%RSU 100not disclosedCompensia, Inc.
Microsoftnot disclosedPSA 100NoPay Governance LLC
Netflix117.57%PSU 50 · RSU 50Yes — Company TSR relative to the TSR of the companies in the S&P 500Compensia
Nvidia200%PSU 100Yes — TSR relative to the S&P 500Semler Brossy
Procter & Gamblenot disclosedPSU 50 · Options 25 · RSU 25Yes — Relative TSR MultiplierMeridian Compensation Partners, LLC
T-Mobile US161%PSU 50 · RSU 50Yes — Relative Total Shareholder Return (RTSR)Mercer
UnitedHealth Groupnot disclosedPSU 50 · Options 25 · RSU 25NoPay Governance
Walmart112%not disclosedNoFarient Advisors LLC

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at Verizon Communications in fiscal 2025?
As disclosed, Daniel Schulman (Chief Executive Officer) was the highest-paid executive at Verizon Communications in fiscal 2025, with total compensation of $34,311,016.
How does Verizon Communications's chief executive pay compare to its disclosed peer group?
As disclosed, Daniel Schulman's total compensation ranked at the 48th percentile of Verizon Communications's disclosed peer group.
What is Verizon Communications's CEO-to-median employee pay ratio?
As disclosed, Verizon Communications's CEO-to-median employee pay ratio was 248:1.
How did shareholders vote on Verizon Communications's executive compensation?
As disclosed, 87.11% of shareholders supported Verizon Communications's executive compensation in the latest say-on-pay vote.
How much does Verizon Communications spend in total on board compensation for fiscal 2025?
As disclosed, Verizon Communications reported total board compensation of $3,598,335 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Daniel SchulmanDEF 14A2026-04-060001308179-26-000210Section “Compensation tables” · page 42. As printed: 34,311,016. Filing ↗machine: t26 · r1 · c16 · span 239072–239082
2Section 01, Hans VestbergDEF 14A2026-04-060001308179-26-000210Section “Summary compensation”. As printed: 31,175,022. Filing ↗machine: t164 · r13 · c18 · span 797525–797535
3Section 01, Sowmyanarayan SampathDEF 14A2026-04-060001308179-26-000210Section “Compensation tables” · page 42. As printed: 18,901,142. Filing ↗machine: t26 · r3 · c16 · span 243011–243021
4Section 01, Anthony SkiadasDEF 14A2026-04-060001308179-26-000210Section “Compensation tables” · page 42. As printed: 16,008,226. Filing ↗machine: t26 · r2 · c16 · span 241023–241033
5Section 01, Kyle MaladyDEF 14A2026-04-060001308179-26-000210Section “Summary compensation”. As printed: 12,762,860. Filing ↗machine: t164 · r8 · c18 · span 783648–783658
6Section 01, Vandana VenkateshDEF 14A2026-04-060001308179-26-000210Section “Summary compensation”. As printed: 7,430,590. Filing ↗machine: t164 · r11 · c18 · span 791793–791802
7Section 03, Sowmyanarayan Sampath RSUDEF 14A1900-01-010001308179-26-000210Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 883556–883565
8Section 03, Anthony Skiadas RSUDEF 14A1900-01-010001308179-26-000210Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 874474–874483
9Section 03, Sowmyanarayan Sampath PSUDEF 14A1900-01-010001308179-26-000210Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 880533–880542
10Section 03, Hans Vestberg PSUDEF 14A1900-01-010001308179-26-000210Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 906302–906312
11Section 03, Anthony Skiadas PSUDEF 14A1900-01-010001308179-26-000210Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 870228–870237
12Section 03, Kyle Malady PSUDEF 14A1900-01-010001308179-26-000210Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 890837–890846
13Section 03, Vandana Venkatesh PSUDEF 14A1900-01-010001308179-26-000210Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 899020–899029
14Section 03, Daniel Schulman RSUDEF 14A1900-01-010001308179-26-000210Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 862944–862954
15Section 03, Daniel Schulman RSUDEF 14A1900-01-010001308179-26-000210Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 865969–865978
16Section 03, Sowmyanarayan Sampath RSUDEF 14A1900-01-010001308179-26-000210Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 886579–886588
17Section 03, Daniel Schulman PSUDEF 14A1900-01-010001308179-26-000210Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 859920–859929
18Section 03, Kyle Malady RSUDEF 14A1900-01-010001308179-26-000210Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 892960–892969
19Section 03, Vandana Venkatesh RSUDEF 14A1900-01-010001308179-26-000210Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 902042–902051
20Section 03, Anthony Skiadas RSUDEF 14A1900-01-010001308179-26-000210Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 872351–872360
21Section 03, Hans Vestberg RSUDEF 14A1900-01-010001308179-26-000210Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 909427–909436
22Section 07, pay ratioDEF 14A2026-04-060001308179-26-000210Section “CEO Pay Ratio”. As printed: 248 : 1. Filing ↗machine: span 1371464–1371467
23Section 08, Mark BertoliniDEF 14A2026-04-060001308179-26-000210Section “Director Compensation”. As printed: 398,750. Filing ↗machine: t111 · r3 · c14 · span 497104–497111
24Section 08, Daniel SchulmanDEF 14A2026-04-060001308179-26-000210Section “Director Compensation”. As printed: 388,750. Filing ↗machine: t111 · r9 · c14 · span 506987–506994
25Section 08, Roxanne AustinDEF 14A2026-04-060001308179-26-000210Section “Director Compensation”. As printed: 370,000. Filing ↗machine: t111 · r2 · c14 · span 495448–495455
26Section 08, Shellye ArchambeauDEF 14A2026-04-060001308179-26-000210Section “Director Compensation”. As printed: 355,225. Filing ↗machine: t111 · r1 · c14 · span 493809–493816
27Section 08, Laxman NarasimhanDEF 14A2026-04-060001308179-26-000210Section “Director Compensation”. As printed: 342,593. Filing ↗machine: t111 · r7 · c14 · span 503686–503693
28Section 08, Vittorio ColaoDEF 14A2026-04-060001308179-26-000210Section “Director Compensation”. As printed: 336,667. Filing ↗machine: t111 · r4 · c14 · span 498743–498750
29Section 08, Carol ToméDEF 14A2026-04-060001308179-26-000210Section “Director Compensation”. As printed: 335,334. Filing ↗machine: t111 · r11 · c14 · span 510767–510774
30Section 08, Clarence Otis JrDEF 14A2026-04-060001308179-26-000210Section “Director Compensation”. As printed: 335,305. Filing ↗machine: t111 · r8 · c14 · span 505330–505337
31Section 08, Caroline LitchfieldDEF 14A2026-04-060001308179-26-000210Section “Director Compensation”. As printed: 335,000. Filing ↗machine: t111 · r5 · c14 · span 500397–500404
32Section 08, Rodney SlaterDEF 14A2026-04-060001308179-26-000210Section “Director Compensation”. As printed: 262,084. Filing ↗machine: t111 · r10 · c14 · span 508635–508642
33Section 08, Jennifer MannDEF 14A2026-04-060001308179-26-000210Section “Director Compensation”. As printed: 139,584. Filing ↗machine: t111 · r6 · c14 · span 502032–502039
34Section 08, Hans VestbergDEF 14A2026-04-060001308179-26-000210Section “Director Compensation”. As printed: 0. Filing ↗
35Section 02, Kyle Malady 2026-04-09Form 42026-04-100001760581-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Rodriguez Alfonso Villanueva 2026-04-09Form 42026-04-100002111103-26-000013Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Samantha Hammock 2026-04-09Form 42026-04-100001896468-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Mary-Lee Stillwell 2026-04-09Form 42026-04-100001750052-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Anthony Skiadas 2026-04-09Form 42026-04-100001578926-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Hans Vestberg 2026-04-09Form 42026-04-100001702684-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Joseph J. Russo 2026-04-09Form 42026-04-100001968243-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Vandana Venkatesh 2026-04-09Form 42026-04-100001950027-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Daniel Schulman 2026-04-09Form 42026-04-100001215315-26-000018Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Samantha Hammock 2026-04-23Form 42026-04-240001896468-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Mary-Lee Stillwell 2026-04-23Form 42026-04-240001750052-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Hans Vestberg 2026-04-23Form 42026-04-240001702684-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Anthony Skiadas 2026-04-23Form 42026-04-240001578926-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Joseph J. Russo 2026-04-23Form 42026-04-240001968243-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Vandana Venkatesh 2026-04-23Form 42026-04-240001950027-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Rodriguez Alfonso Villanueva 2026-04-23Form 42026-04-240002111103-26-000015Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Daniel Schulman 2026-04-23Form 42026-04-240001215315-26-000020Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Kyle Malady 2026-04-23Form 42026-04-240001760581-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Mary-Lee Stillwell 2026-05-07Form 42026-05-110001750052-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Hans Vestberg 2026-05-07Form 42026-05-110001702684-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Joseph J. Russo 2026-05-07Form 42026-05-110001968243-26-000030Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Vandana Venkatesh 2026-05-07Form 42026-05-110001950027-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Anthony Skiadas 2026-05-07Form 42026-05-110001578926-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Samantha Hammock 2026-05-07Form 42026-05-110001896468-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Kyle Malady 2026-05-07Form 42026-05-110001760581-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Rodriguez Alfonso Villanueva 2026-05-07Form 42026-05-110002111103-26-000017Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Daniel Schulman 2026-05-07Form 42026-05-110001215315-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Joseph J. Russo 2026-05-21Form 42026-05-260001968243-26-000032Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Rodriguez Alfonso Villanueva 2026-05-21Form 42026-05-260002111103-26-000019Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Daniel Schulman 2026-05-21Form 42026-05-260001215315-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Samantha Hammock 2026-05-21Form 42026-05-260001896468-26-000030Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Vandana Venkatesh 2026-05-21Form 42026-05-260001950027-26-000030Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Hans Vestberg 2026-05-21Form 42026-05-260001702684-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Kyle Malady 2026-05-21Form 42026-05-260001760581-26-000030Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, Mary-Lee Stillwell 2026-05-21Form 42026-05-260001750052-26-000030Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, Anthony Skiadas 2026-05-21Form 42026-05-260001578926-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
71Section 02, Samantha Hammock 2026-05-29Form 42026-06-020001896468-26-000032Insider equity transaction reported since the proxy statement. Filing ↗
72Section 02, Samantha Hammock 2026-06-04Form 42026-06-050001896468-26-000034Insider equity transaction reported since the proxy statement. Filing ↗
73Section 02, Vandana Venkatesh 2026-06-04Form 42026-06-050001950027-26-000032Insider equity transaction reported since the proxy statement. Filing ↗
74Section 02, Joseph J. Russo 2026-06-04Form 42026-06-050001968243-26-000034Insider equity transaction reported since the proxy statement. Filing ↗
75Section 02, Anthony Skiadas 2026-06-04Form 42026-06-050001578926-26-000030Insider equity transaction reported since the proxy statement. Filing ↗
76Section 02, Rodriguez Alfonso Villanueva 2026-06-04Form 42026-06-050002111103-26-000021Insider equity transaction reported since the proxy statement. Filing ↗
77Section 02, Kyle Malady 2026-06-04Form 42026-06-050001760581-26-000032Insider equity transaction reported since the proxy statement. Filing ↗
78Section 02, Mary-Lee Stillwell 2026-06-04Form 42026-06-050001750052-26-000032Insider equity transaction reported since the proxy statement. Filing ↗
79Section 02, Daniel Schulman 2026-06-04Form 42026-06-050001215315-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
80Section 02, Samantha Hammock 2026-06-17Form 42026-06-180001896468-26-000036Insider equity transaction reported since the proxy statement. Filing ↗
81Section 02, Mary-Lee Stillwell 2026-06-17Form 42026-06-180001750052-26-000034Insider equity transaction reported since the proxy statement. Filing ↗
82Section 02, Daniel Schulman 2026-06-17Form 42026-06-180001215315-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
83Section 02, Joseph J. Russo 2026-06-17Form 42026-06-180001968243-26-000036Insider equity transaction reported since the proxy statement. Filing ↗
84Section 02, Rodriguez Alfonso Villanueva 2026-06-17Form 42026-06-180002111103-26-000023Insider equity transaction reported since the proxy statement. Filing ↗
85Section 02, Kyle Malady 2026-06-17Form 42026-06-180001760581-26-000034Insider equity transaction reported since the proxy statement. Filing ↗
86Section 02, Anthony Skiadas 2026-06-17Form 42026-06-180001578926-26-000032Insider equity transaction reported since the proxy statement. Filing ↗
87Section 02, Vandana Venkatesh 2026-06-17Form 42026-06-180001950027-26-000034Insider equity transaction reported since the proxy statement. Filing ↗
88Section 02, Joseph J. Russo 2026-07-01Form 42026-07-060001968243-26-000038Insider equity transaction reported since the proxy statement. Filing ↗
89Section 02, Mary-Lee Stillwell 2026-07-01Form 42026-07-060001750052-26-000036Insider equity transaction reported since the proxy statement. Filing ↗
90Section 02, Samantha Hammock 2026-07-01Form 42026-07-060001896468-26-000038Insider equity transaction reported since the proxy statement. Filing ↗
91Section 02, Rodriguez Alfonso Villanueva 2026-07-01Form 42026-07-060002111103-26-000025Insider equity transaction reported since the proxy statement. Filing ↗
92Section 02, Kyle Malady 2026-07-01Form 42026-07-060001760581-26-000036Insider equity transaction reported since the proxy statement. Filing ↗
93Section 02, Vandana Venkatesh 2026-07-01Form 42026-07-060001950027-26-000036Insider equity transaction reported since the proxy statement. Filing ↗
94Section 02, Anthony Skiadas 2026-07-01Form 42026-07-060001578926-26-000034Insider equity transaction reported since the proxy statement. Filing ↗
95Section 02, Daniel Schulman 2026-07-01Form 42026-07-060001215315-26-000030Insider equity transaction reported since the proxy statement. Filing ↗
96Section 02, Rodriguez Alfonso Villanueva 2026-07-07Form 42026-07-090002111103-26-000027Insider equity transaction reported since the proxy statement. Filing ↗
97Section 02, Mary-Lee Stillwell 2026-07-16Form 42026-07-170001750052-26-000038Insider equity transaction reported since the proxy statement. Filing ↗
98Section 02, Joseph J. Russo 2026-07-16Form 42026-07-170001968243-26-000040Insider equity transaction reported since the proxy statement. Filing ↗
99Section 02, Vandana Venkatesh 2026-07-16Form 42026-07-170001950027-26-000038Insider equity transaction reported since the proxy statement. Filing ↗
100Section 02, Kyle Malady 2026-07-16Form 42026-07-170001760581-26-000038Insider equity transaction reported since the proxy statement. Filing ↗
101Section 02, Rodriguez Alfonso Villanueva 2026-07-16Form 42026-07-170002111103-26-000029Insider equity transaction reported since the proxy statement. Filing ↗
102Section 02, Anthony Skiadas 2026-07-16Form 42026-07-170001578926-26-000036Insider equity transaction reported since the proxy statement. Filing ↗
103Section 02, Daniel Schulman 2026-07-16Form 42026-07-170001215315-26-000032Insider equity transaction reported since the proxy statement. Filing ↗
104Section 02, Mary-Lee Stillwell 2026-07-30Form 42026-08-030001750052-26-000040Insider equity transaction reported since the proxy statement. Filing ↗
105Section 02, Kyle Malady 2026-07-30Form 42026-08-030001760581-26-000040Insider equity transaction reported since the proxy statement. Filing ↗
106Section 02, Daniel Schulman 2026-07-30Form 42026-08-030001215315-26-000034Insider equity transaction reported since the proxy statement. Filing ↗
107Section 02, Joseph J. Russo 2026-07-30Form 42026-08-030001968243-26-000042Insider equity transaction reported since the proxy statement. Filing ↗
108Section 02, Anthony Skiadas 2026-07-30Form 42026-08-030001578926-26-000038Insider equity transaction reported since the proxy statement. Filing ↗
109Section 02, Rodriguez Alfonso Villanueva 2026-07-30Form 42026-08-030002111103-26-000031Insider equity transaction reported since the proxy statement. Filing ↗
110Section 02, Vandana Venkatesh 2026-07-30Form 42026-08-030001950027-26-000040Insider equity transaction reported since the proxy statement. Filing ↗
111Section 02, Kyle Malady 2026-08-13Form 42026-08-140001760581-26-000042Insider equity transaction reported since the proxy statement. Filing ↗
112Section 02, Rodriguez Alfonso Villanueva 2026-08-13Form 42026-08-140002111103-26-000033Insider equity transaction reported since the proxy statement. Filing ↗
113Section 02, Mary-Lee Stillwell 2026-08-13Form 42026-08-140001750052-26-000042Insider equity transaction reported since the proxy statement. Filing ↗
114Section 02, Joseph J. Russo 2026-08-13Form 42026-08-140001968243-26-000044Insider equity transaction reported since the proxy statement. Filing ↗
115Section 02, Vandana Venkatesh 2026-08-13Form 42026-08-140001950027-26-000043Insider equity transaction reported since the proxy statement. Filing ↗
116Section 02, Daniel Schulman 2026-08-13Form 42026-08-140001215315-26-000036Insider equity transaction reported since the proxy statement. Filing ↗
117Section 02, Anthony Skiadas 2026-08-13Form 42026-08-140001578926-26-000040Insider equity transaction reported since the proxy statement. Filing ↗
118Section 02, Kyle Malady 2026-08-18Form 42026-08-190001760581-26-000044Insider equity transaction reported since the proxy statement. Filing ↗
119Section 02, Kyle Malady 2026-08-25Form 42026-08-260001760581-26-000046Insider equity transaction reported since the proxy statement. Filing ↗
120Section 02, Mary-Lee Stillwell 2026-08-27Form 42026-08-310001750052-26-000044Insider equity transaction reported since the proxy statement. Filing ↗
121Section 02, Rodriguez Alfonso Villanueva 2026-08-27Form 42026-08-310002111103-26-000035Insider equity transaction reported since the proxy statement. Filing ↗
122Section 02, Kyle Malady 2026-08-27Form 42026-08-310001760581-26-000048Insider equity transaction reported since the proxy statement. Filing ↗
123Section 02, Joseph J. Russo 2026-08-27Form 42026-08-310001968243-26-000046Insider equity transaction reported since the proxy statement. Filing ↗
124Section 02, Vandana Venkatesh 2026-08-27Form 42026-08-310001950027-26-000045Insider equity transaction reported since the proxy statement. Filing ↗
125Section 02, Anthony Skiadas 2026-08-27Form 42026-08-310001578926-26-000042Insider equity transaction reported since the proxy statement. Filing ↗
126Section 02, Daniel Schulman 2026-08-27Form 42026-08-310001215315-26-000038Insider equity transaction reported since the proxy statement. Filing ↗
127Section 02, Kyle Malady 2026-09-01Form 42026-09-020001760581-26-000050Insider equity transaction reported since the proxy statement. Filing ↗
128Section 02, Kyle Malady 2026-09-08Form 42026-09-090001760581-26-000052Insider equity transaction reported since the proxy statement. Filing ↗
129Section 02, Vandana Venkatesh 2026-09-10Form 42026-09-110001950027-26-000047Insider equity transaction reported since the proxy statement. Filing ↗
130Section 02, Rodriguez Alfonso Villanueva 2026-09-10Form 42026-09-110002111103-26-000037Insider equity transaction reported since the proxy statement. Filing ↗
131Section 02, Joseph J. Russo 2026-09-10Form 42026-09-110001968243-26-000048Insider equity transaction reported since the proxy statement. Filing ↗
132Section 02, Mary-Lee Stillwell 2026-09-10Form 42026-09-110001750052-26-000046Insider equity transaction reported since the proxy statement. Filing ↗
133Section 02, Kyle Malady 2026-09-10Form 42026-09-110001760581-26-000054Insider equity transaction reported since the proxy statement. Filing ↗
134Section 02, Daniel Schulman 2026-09-10Form 42026-09-110001215315-26-000040Insider equity transaction reported since the proxy statement. Filing ↗
135Section 02, Anthony Skiadas 2026-09-10Form 42026-09-110001578926-26-000044Insider equity transaction reported since the proxy statement. Filing ↗
136Section 02, Kyle Malady 2026-09-15Form 42026-09-160001760581-26-000056Insider equity transaction reported since the proxy statement. Filing ↗
137Section 02, Kyle Malady 2026-09-22Form 42026-09-230001760581-26-000058Insider equity transaction reported since the proxy statement. Filing ↗
138Section 02, Kyle Malady 2026-09-24Form 42026-09-280001760581-26-000061Insider equity transaction reported since the proxy statement. Filing ↗
139Section 02, Anthony Skiadas 2026-09-24Form 42026-09-280001578926-26-000046Insider equity transaction reported since the proxy statement. Filing ↗
140Section 02, Vandana Venkatesh 2026-09-24Form 42026-09-280001950027-26-000049Insider equity transaction reported since the proxy statement. Filing ↗
141Section 02, Daniel Schulman 2026-09-24Form 42026-09-280001215315-26-000042Insider equity transaction reported since the proxy statement. Filing ↗
142Section 02, Rodriguez Alfonso Villanueva 2026-09-24Form 42026-09-280002111103-26-000039Insider equity transaction reported since the proxy statement. Filing ↗
143Section 02, Joseph J. Russo 2026-09-24Form 42026-09-280001968243-26-000050Insider equity transaction reported since the proxy statement. Filing ↗
144Section 02, Mary-Lee Stillwell 2026-09-24Form 42026-09-280001750052-26-000048Insider equity transaction reported since the proxy statement. Filing ↗
145Section 02, PHILLIPS JR CHARLES E 2026-09-25Form 42026-09-290001236185-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
146Section 02, Kyle Malady 2026-09-29Form 42026-09-300001760581-26-000063Insider equity transaction reported since the proxy statement. Filing ↗
147Section 02, Kyle Malady 2026-10-06Form 42026-10-070001760581-26-000065Insider equity transaction reported since the proxy statement. Filing ↗
148Section 02, Kyle Malady 2026-10-08Form 42026-10-090001760581-26-000067Insider equity transaction reported since the proxy statement. Filing ↗
149Section 02, Vandana Venkatesh 2026-10-08Form 42026-10-090001950027-26-000051Insider equity transaction reported since the proxy statement. Filing ↗
150Section 02, Daniel Schulman 2026-10-08Form 42026-10-090001215315-26-000044Insider equity transaction reported since the proxy statement. Filing ↗
151Section 02, Joseph J. Russo 2026-10-08Form 42026-10-090001968243-26-000052Insider equity transaction reported since the proxy statement. Filing ↗
152Section 02, Rodriguez Alfonso Villanueva 2026-10-08Form 42026-10-090002111103-26-000041Insider equity transaction reported since the proxy statement. Filing ↗
153Section 02, Mary-Lee Stillwell 2026-10-08Form 42026-10-090001750052-26-000050Insider equity transaction reported since the proxy statement. Filing ↗
154Section 02, Anthony Skiadas 2026-10-08Form 42026-10-090001578926-26-000048Insider equity transaction reported since the proxy statement. Filing ↗
155Section 02, Kyle Malady 2026-10-13Form 42026-10-140001760581-26-000069Insider equity transaction reported since the proxy statement. Filing ↗
156Section 06, 2026 voteForm 8-K2026-05-280001193125-26-245230Item 5.07 · say-on-pay result. As reported: 87.11% (votes for as printed: The proposal regarding the advisory vote to approve executive compensation was approved with 2,403,857,612 votes for, 355,704,067 votes against, 19,003,263 abstentions and 677,949,077 broker non-votes.). Filing ↗
157Section 06, 2025 voteForm 8-K2025-05-280001193125-25-129505Item 5.07 · say-on-pay result. As reported: 90.17% (votes for as printed: The proposal regarding the advisory vote to approve executive compensation was approved with 2,476,221,687 votes for, 269,995,941 votes against, 30,429,863 abstentions and 696,482,540 broker non-votes.). Filing ↗
158Section 06, 2024 voteForm 8-K2024-05-130001193125-24-137239Item 5.07 · say-on-pay result. As reported: 90.89% (votes for as printed: The proposal regarding the advisory vote to approve executive compensation was approved with 2,451,280,357 votes for, 245,825,042 votes against, 20,904,807 abstentions and 719,087,226 broker non-votes.). Filing ↗
159Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
160Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
161Section 09b board cost (computed)Computed——Cash 1,410,835 + equity 2,187,500 + all other 0 = 3,598,335, summed across the director compensation table rows.machine: formula: Σ = 3,598,335
162Goldman Sachs, Section 10b CEO totalDEF 14A2026-03-200001193125-26-117433CEO total compensation as printed in Goldman Sachs's own proxy. As printed: 118,135,674. Filing ↗machine: t209 · span 2465661–2465672
163Microsoft, Section 10b CEO totalDEF 14A2025-10-210001193125-25-245150CEO total compensation as printed in Microsoft's own proxy. As printed: 96,496,790. Filing ↗machine: r2 · c27 · span 1059364–1059374
164Apple, Section 10b CEO totalDEF 14A2026-01-080001308179-26-000008CEO total compensation as printed in Apple's own proxy. As printed: 74,294,811. Filing ↗machine: span 549351–549361
165UnitedHealth Group, Section 10b CEO totalDEF 14A2026-04-210001104659-26-046125CEO total compensation as printed in UnitedHealth Group's own proxy. As printed: 60,938,062. Filing ↗machine: r1 · c48 · span 1832651–1832661
166Netflix, Section 10b CEO totalDEF 14A2026-04-160001193125-26-159286CEO total compensation as printed in Netflix's own proxy. As printed: 53,905,972. Filing ↗machine: r3 · c30 · span 622677–622687
167Cisco, Section 10b CEO totalDEF 14A2025-10-280000858877-25-000150CEO total compensation as printed in Cisco's own proxy. As printed: 52,838,751. Filing ↗machine: r2 · c33 · span 1073719–1073729
168American Express, Section 10b CEO totalDEF 14A2026-03-250001104659-26-034163CEO total compensation as printed in American Express's own proxy. As printed: 46,239,805. Filing ↗machine: span 2098186–2098196
169JPMorgan Chase, Section 10b CEO totalDEF 14A2026-04-060000019617-26-000096CEO total compensation as printed in JPMorgan Chase's own proxy. As printed: 40,632,724. Filing ↗machine: span 1754306–1754316
170IBM, Section 10b CEO totalDEF 14A2026-03-100000051143-26-000025CEO total compensation as printed in IBM's own proxy. As printed: 37,989,685. Filing ↗machine: r11 · c51 · span 1119293–1119303
171Nvidia, Section 10b CEO totalDEF 14A2026-05-120001045810-26-000036CEO total compensation as printed in Nvidia's own proxy. As printed: 36,343,830. Filing ↗machine: span 967967–967977
172T-Mobile US, Section 10b CEO totalDEF 14A2026-04-270001193125-26-181884CEO total compensation as printed in T-Mobile US's own proxy. As printed: 35,439,421. Filing ↗machine: r3 · c39 · span 1020453–1020463
173Comcast, Section 10b CEO totalDEF 14A2026-04-240001193125-26-177138CEO total compensation as printed in Comcast's own proxy. As printed: 35,148,413. Filing ↗machine: r4 · c25 · span 1522252–1522262
174Verizon Communications (subject), Section 10b CEO totalDEF 14A2026-04-060001308179-26-000210CEO total compensation as printed in Verizon Communications's own proxy. As printed: 34,311,016. Filing ↗machine: t26 · r1 · c16 · span 239072–239082
175Johnson & Johnson, Section 10b CEO totalDEF 14A2026-03-110000200406-26-000063CEO total compensation as printed in Johnson & Johnson's own proxy. As printed: 32,758,111. Filing ↗machine: r3 · c27 · span 1621235–1621246
176Walmart, Section 10b CEO totalDEF 14A2026-04-230001193125-26-173673CEO total compensation as printed in Walmart's own proxy. As printed: 29,240,930. Filing ↗machine: r4 · c16 · span 3840466–3840476
177Chevron, Section 10b CEO totalDEF 14A2026-04-070001193125-26-145617CEO total compensation as printed in Chevron's own proxy. As printed: 26,828,240. Filing ↗machine: span 1241206–1241216
178Meta Platforms, Section 10b CEO totalDEF 14A2026-04-160001628280-26-025532CEO total compensation as printed in Meta Platforms's own proxy. As printed: 25,125,904. Filing ↗machine: r2 · c36 · span 652962–652972
179Boeing, Section 10b CEO totalDEF 14A2026-03-060001193125-26-096787CEO total compensation as printed in Boeing's own proxy. As printed: 23,581,389. Filing ↗machine: r2 · c44 · span 1170571–1170581
180Merck, Section 10b CEO totalDEF 14A2026-04-080001193125-26-147704CEO total compensation as printed in Merck's own proxy. As printed: 20,797,845. Filing ↗machine: span 1371012–1371022
181Procter & Gamble, Section 10b CEO totalDEF 14A2026-08-280001193125-26-372211CEO total compensation as printed in Procter & Gamble's own proxy. As printed: 18,976,742. Filing ↗
182Caterpillar, Section 10b CEO totalDEF 14A2026-04-300001308179-26-000358CEO total compensation as printed in Caterpillar's own proxy. As printed: 17,008,077. Filing ↗machine: span 855862–855872
183Alphabet, Section 10b CEO totalDEF 14A2026-04-240001308179-26-000342CEO total compensation as printed in Alphabet's own proxy. As printed: 10,906,079. Filing ↗machine: span 994293–994303
184Charter Communications, Section 10b CEO totalDEF 14A2026-03-120001140361-26-009220CEO total compensation as printed in Charter Communications's own proxy. As printed: 6,466,193. Filing ↗machine: r2 · c28 · span 716263–716272
185Amazon, Section 10b CEO totalDEF 14A2026-04-090001104659-26-041026CEO total compensation as printed in Amazon's own proxy. As printed: 2,069,861. Filing ↗machine: span 1010745–1010754
186Section 10a, Cisco reciprocityDEF 14A—0000858877-25-000150Cisco's most recent proxy was read; its disclosed peer group does not include Verizon Communications. Filing ↗
187Section 10a, Johnson & Johnson reciprocityDEF 14A—0000200406-26-000063Johnson & Johnson's most recent proxy was read; its disclosed peer group does not include Verizon Communications. Filing ↗
188Section 10a, Meta Platforms reciprocityDEF 14A—0001628280-26-025532Meta Platforms names Verizon Communications in its own disclosed peer group (read from its most recent proxy). Filing ↗
189Section 10a, T-Mobile US reciprocityDEF 14A—0001193125-26-181884T-Mobile US names Verizon Communications in its own disclosed peer group (read from its most recent proxy). Filing ↗
190Section 10a, Boeing reciprocityDEF 14A—0001193125-26-096787Boeing names Verizon Communications in its own disclosed peer group (read from its most recent proxy). Filing ↗
191Section 10a, IBM reciprocityDEF 14A—0000051143-26-000025IBM names Verizon Communications in its own disclosed peer group (read from its most recent proxy). Filing ↗
192Section 10a, Microsoft reciprocityDEF 14A—0001193125-25-245150Microsoft names Verizon Communications in its own disclosed peer group (read from its most recent proxy). Filing ↗
193Section 10a, Charter Communications reciprocityDEF 14A—0001140361-26-009220Charter Communications names Verizon Communications in its own disclosed peer group (read from its most recent proxy). Filing ↗
194Section 10a, JPMorgan Chase reciprocityDEF 14A—0000019617-26-000096JPMorgan Chase's most recent proxy was read; its disclosed peer group does not include Verizon Communications. Filing ↗
195Section 10a, Caterpillar reciprocityDEF 14A—0001308179-26-000358Caterpillar's most recent proxy was read; its disclosed peer group does not include Verizon Communications. Filing ↗
196Section 10a, Procter & Gamble reciprocityDEF 14A—0001193125-26-372211Procter & Gamble names Verizon Communications in its own disclosed peer group (read from its most recent proxy). Filing ↗
197Section 10a, Alphabet reciprocityDEF 14A—0001308179-26-000342Alphabet's most recent proxy was read; its disclosed peer group does not include Verizon Communications. Filing ↗
198Section 10a, Amazon reciprocityDEF 14A—0001104659-26-041026Amazon's most recent proxy was read; its disclosed peer group does not include Verizon Communications. Filing ↗
199Section 10a, American Express reciprocityDEF 14A—0001104659-26-034163American Express names Verizon Communications in its own disclosed peer group (read from its most recent proxy). Filing ↗
200Section 10a, Apple reciprocityDEF 14A—0001308179-26-000008Apple names Verizon Communications in its own disclosed peer group (read from its most recent proxy). Filing ↗
201Section 10a, Chevron reciprocityDEF 14A—0001193125-26-145617Chevron names Verizon Communications in its own disclosed peer group (read from its most recent proxy). Filing ↗
202Section 10a, Comcast reciprocityDEF 14A—0001193125-26-177138Comcast names Verizon Communications in its own disclosed peer group (read from its most recent proxy). Filing ↗
203Section 10a, Goldman Sachs reciprocityDEF 14A—0001193125-26-117433Goldman Sachs's most recent proxy was read; its disclosed peer group does not include Verizon Communications. Filing ↗
204Section 10a, Merck reciprocityDEF 14A—0001193125-26-147704Merck names Verizon Communications in its own disclosed peer group (read from its most recent proxy). Filing ↗
205Section 10a, Netflix reciprocityDEF 14A—0001193125-26-159286Netflix names Verizon Communications in its own disclosed peer group (read from its most recent proxy). Filing ↗
206Section 10a, Nvidia reciprocityDEF 14A—0001045810-26-000036Nvidia's most recent proxy was read; its disclosed peer group does not include Verizon Communications. Filing ↗
207Section 10a, UnitedHealth Group reciprocityDEF 14A—0001104659-26-046125UnitedHealth Group's most recent proxy was read; its disclosed peer group does not include Verizon Communications. Filing ↗
208Section 10a, Walmart reciprocityDEF 14A—0001193125-26-173673Walmart names Verizon Communications in its own disclosed peer group (read from its most recent proxy). Filing ↗

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