Form 4: Verizon SVP Mary-Lee Stillwell Receives RSU Grant

Verizon Communications Inc. SVP and Controller Mary-Lee Stillwell was granted 24,803 restricted stock units on April 1, 2026.

Summary

• Mary-Lee Stillwell, SVP and Controller of Verizon Communications Inc., received a grant of 24,803 Restricted Stock Units (RSUs).
• Each RSU represents the right to receive one share of common stock plus accrued dividends upon vesting.
• The RSUs are scheduled to vest in three equal annual installments starting March 1, 2027.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding executive compensation with no immediate impact on company operations or financial health.

Positives

• The grant aligns the interests of the SVP and Controller with long-term shareholder value through equity-based compensation.

Negatives

• The grant results in potential future dilution for existing shareholders upon the eventual issuance of common stock.

Risks

• Vesting is subject to the terms of the RSU Agreement, which may include performance or continued employment conditions.

Future Outlook

The RSUs will vest in three equal annual installments beginning March 1, 2027, at which point they convert to common stock.

Industry Context

StockSavvy.ai notes that equity grants to high-level executives like the Controller are standard corporate governance practices in the telecommunications sector to ensure retention and alignment with corporate performance.

Comparison to Industry Standards

• The use of multi-year vesting schedules for RSU grants is consistent with standard executive compensation practices at large-cap companies like AT&T and T-Mobile.

Stakeholder Impact

• Shareholders may experience minor dilution upon the eventual conversion of these units into common stock.

Next Steps

• Vesting of the first installment of RSUs on March 1, 2027.

Key Dates

Keywords

Verizon, VZ, Form 4, Insider Trading, Restricted Stock Units, Executive Compensation