X0306 4 2023-03-02 0000732712 VERIZON COMMUNICATIONS INC VZ 0001968243 Russo Joseph J. VERIZON COMMUNICATIONS INC. 1095 AVENUE OF THE AMERICAS NEW YORK NY 10036 0 1 0 0 EVP&Pres-Global Networks&Tech Common Stock 2023-03-02 4 M 0 1851 A 16487 D Common Stock 2023-03-02 4 F 0 591 38.41 D 15896 D Common Stock 4864 I By 401(k) Restricted Stock Units - 2020 Award 2023-03-02 4 M 0 1851 D Common Stock 1851 0 D Restricted Stock Units - 2023 Award 2023-03-02 4 A 0 22911 0 A Common Stock 22911 46671 D Phantom Stock (unitized) 2023-03-02 4 A 0 25.263 10.96 A Common Stock 7 33149.165 I By Deferred Compensation Plan Each Restricted Stock Unit (RSU) represents the right to receive one share of common stock on the payment date with respect to the date that the RSU vests. Subject to the terms of the RSU agreement, the RSUs vest in three equal annual installments beginning on March 2, 2021. Each RSU represents the right to receive one share of common stock, plus accrued dividends, on the payment date with respect to the date that the RSU vests. Subject to the terms of the RSU Agreement, the RSUs will vest in three equal annual installments beginning on March 1, 2024. Each share of phantom stock is the economic equivalent of a portion of one share of common stock and is settled in cash. The shares of phantom stock become payable upon events established by the reporting person in accordance with the deferred compensation plan. Includes phantom stock acquired through dividend reinvestment. Brandon N. Egren, Attorney-in-fact for Joseph J. Russo 2023-03-06