{"schema_version":"secwatch.filing_event.v1","accession":"0000732712-25-000015","form_type":"8-K","ticker":"VZ","cik":"0000732712","company_name":"VERIZON COMMUNICATIONS INC","filed_at":"2025-03-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.230005+00:00","generated_at":"2026-05-24T12:35:41.502135+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Verizon boosts CEO Vestberg's 2025 LTI to $25M; revises revenue classification and subscriber metrics","bullets":["CEO Hans Vestberg's 2025 LTI target raised from $18M to $25M, split 67% PSUs and 33% RSUs.","Device protection/insurance revenues reclassified from Other to Wireless service revenue starting Q1 2025.","Second number offering excluded from wireless retail postpaid phone net additions and churn metrics.","Historical financials restated reflecting changes; no impact on total revenue or cash flow.","Full-year 2024 total wireless service revenue was $82.1B (restated)."],"urls":{"canonical":"https://secwatch.observer/filing/0000732712-25-000015","json":"https://secwatch.observer/filing/0000732712-25-000015.json","markdown":"https://secwatch.observer/filing/0000732712-25-000015.md","text":"https://secwatch.observer/filing/0000732712-25-000015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/732712/000073271225000015/0000732712-25-000015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/732712/000073271225000015/vz-20250318.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T12:35:41.502135+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}