Verizon (NYSE: VZ) SVP and Controller receives 24,803 RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stillwell Mary-Lee reported acquisition or exercise transactions in this Form 4 filing.
Verizon Communications SVP and Controller Mary-Lee Stillwell received a grant of 24,803 restricted stock units (RSUs). The award was granted on April 1, 2026 as equity-based compensation, not as an open-market share purchase or sale.
Each RSU represents the right to receive one share of Verizon common stock, plus accrued dividends, when it is paid after vesting. According to the terms of the award, the RSUs will vest in three equal annual installments beginning on March 1, 2027, aligning the executive’s compensation with Verizon’s long‑term performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stillwell Mary-Lee
Role
SVP and Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units - 2026 Award | 24,803 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units - 2026 Award — 24,803 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 24,803 units
Transaction price per unit: $0.0000
Total RSUs after grant: 24,803 units
+2 more
5 metrics
RSUs granted
24,803 units
Restricted Stock Units - 2026 Award granted April 1, 2026
Transaction price per unit
$0.0000
Indicates compensation grant, not cash purchase
Total RSUs after grant
24,803 units
Total derivative holdings following transaction
Vesting start date
March 1, 2027
Three equal annual installments beginning on this date
Underlying security
Common Stock
Each RSU equals one share of common stock plus accrued dividends
Key Terms
Restricted Stock Unit, accrued dividends, vest, Form 4, +1 more
5 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit (RSU) represents the right to receive one share of common stock"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
accrued dividends financial
"one share of common stock, plus accrued dividends, on the payment date"
Accrued dividends are payments a company owes to shareholders that have been earned or officially declared but not yet paid; think of them as an IOU the company has for past dividend obligations. They matter to investors because they represent a near-term claim on a company’s cash, affect the company’s reported liabilities and value, and can be especially important when assessing income reliability or priority in a payout situation.
vest financial
"on the payment date with respect to the date that the RSU vests"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
derivative financial
"transaction_type": "derivative""
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.