Verizon (NYSE: VZ) EVP receives phantom stock units in deferred plan

NodeGuardian · 2026-03-16T08:09:05+00:00

Joseph J. Russo, EVP at Verizon, has been granted 10,726.558 phantom stock units as part of his deferred compensation plan, bringing his total indirect holdings to 81,378.827 units, linked to Verizon stock but settled in cash.

NodeGuardian

2026-03-16 08:09:05

Abstract generation in progress

Joseph J. Russo, EVP & President of Global Networks & Technology at Verizon (NYSE: VZ), has received 10,726.558 phantom stock units as part of a deferred compensation plan. These units are economically linked to Verizon common stock but are settled in cash, not actual shares. Following this grant, Russo’s total indirect holdings in phantom stock through the plan now amount to 81,378.827 units, including those from dividend reinvestment.

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