Insider trade

Director sold ~$9.92M of VZ shares in the open market

Traded Feb 24, 2026 · Filed Feb 25, 2026

VerizonVZ

~$9.92M
Reported value · 200K sh @ $49.614: 145K
Holds after · shares reported: -7.8%
stock since the trade · S&P 500 +11.2%, $49.86 → $45.98 on Oct 1

Why it stands out

A board member of Verizon sold $9.92M of Verizon shares. Nobody planned it ahead of time.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Feb 24, 2026
Reporting period: Not applicable
Filed with the SEC: Feb 25, 2026

Director$1M+

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$9,922,800

Shares × reported transaction price

Timing vs results

25 days after results of Jan 30, 2026, 62 days before results of Apr 27, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $49.86 on Feb 24, 2026, at its 52-week high, after a 23% rise over the previous 30 trading days

52-week range $38.40 (Oct 23, 2025) to $49.86 (Feb 24, 2026), 100% of the way up, from 251 adjusted closes. 30 trading days earlier: $40.46 on Jan 9, 2026. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

Securities lawsuit open at the trade date

A securities lawsuit naming the company as a defendant was filed on Oct 12, 2023 in the U.S. District Court, D. New Jersey. A filing is an allegation, not a finding.

JANKOWSKI v. VERIZON COMMUNICATIONS, INC., docket 1:23-cv-21123, via CourtListener (court records). Nature of suit 850, company named as first defendant

After it was reported

After	Stock	S&P 500	Difference
7 days	+4.7%	-1.2%	+5.8%
30 days	+2.9%	-8.3%	+11.2%
90 days	-1.3%	+8.9%	-10.2%
180 days	+2.8%	+11.1%	-8.3%

Past results only. Not a forecast.

Source receipt

Record ID: 0001702684-26-000012
Filed / recorded: Feb 25, 2026, 9:14 PM UTC
Added to OQRO: Oct 2, 2026, 3:52 AM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: VERIZON COMMUNICATIONS INC
Issuer CIK: 732712
Ticker: VZ
Reporting person: Hans Erik Vestberg
Relationship: Director
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Feb 24, 2026
Transaction code: S
Shares / units: 200,000
Price per share: $49.614
Acquired / disposed: Disposed (D)
Shares owned after: 145,069
Ownership form: Direct
Amendment: No

Footnotes from the filing

The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices per share ranging from $49.395 to $49.865. The reporting person will provide to Verizon Communications Inc., any security holder of Verizon Communications Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.