Form 4: Verizon CFO Anthony Skiadas Awarded 81,393 Restricted Stock Units

Verizon's EVP and CFO, Anthony T. Skiadas, received 81,393 Restricted Stock Units (RSUs) on March 18, 2025, which will vest in three equal annual installments starting March 1, 2026.

Summary

• Anthony T. Skiadas, EVP and CFO of Verizon Communications Inc., was granted 81,393 Restricted Stock Units (RSUs) on March 18, 2025.
• These RSUs represent the right to receive one share of Verizon common stock, plus accrued dividends, on the payment date when the RSU vests.
• The RSUs will vest in three equal annual installments, commencing on March 1, 2026, subject to the terms of the RSU Agreement.
• Following this transaction, Mr. Skiadas directly owns 81,393 derivative securities in the form of RSUs.

Sentiment

Score: 7

Explanation: The document indicates a standard executive compensation practice, suggesting stability and alignment of interests. It's a neutral to slightly positive event.

Positives

• The grant of RSUs aligns the CFO's interests with those of the shareholders, incentivizing him to improve the company's performance.
• The vesting schedule encourages long-term commitment from the CFO.

Future Outlook

The vesting of the RSUs is contingent upon the terms of the RSU Agreement, suggesting continued employment and performance are likely required.

Industry Context

Granting RSUs to executives is a common practice in publicly traded companies to align management's interests with those of shareholders and incentivize long-term value creation.

Comparison to Industry Standards

• Executive compensation packages, including RSU grants, are common across the telecommunications industry.
• Companies like AT&T and T-Mobile also utilize equity-based compensation to incentivize their executives.
• The size of the RSU grant is likely benchmarked against peer companies and the CFO's performance.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it aligns management's interests with long-term shareholder value.
• Employees may see this as a sign of stability and investment in leadership.

Key Dates

Keywords

Restricted Stock Units, RSU, Anthony Skiadas, Verizon, CFO, Beneficial Ownership, Form 4, Equity Compensation