{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-237997","form_type":"8-K/A","ticker":"VZ","cik":"0000732712","company_name":"VERIZON COMMUNICATIONS INC","filed_at":"2025-10-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.048672+00:00","generated_at":"2026-05-17T04:01:11.253101+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Verizon CEO Schulman receives $1.5M salary, $30M PSU; execs get $4M retention RSUs","bullets":["CEO annual base salary of $1.5M; target short-term incentive 250% of salary, prorated for FY2025.","RSU grant of $9.5M (forfeited comp make-whole) vests Dec 31, 2026; $20M RSU vests Dec 31, 2027.","$30M PSU (TSR-based) in two tranches, 0-200% payout, vest Dec 31, 2027; supplemental PSU of 222,222 units with share price goals from $55 to $75.","One-time retention RSU of $4M each for EVP Verizon Consumer Sampath and CFO Skiadas; vest Dec 31, 2027.","CEO eligible for succession-event severance including remaining salary and STI through Dec 31, 2027."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-237997","json":"https://secwatch.observer/filing/0001193125-25-237997.json","markdown":"https://secwatch.observer/filing/0001193125-25-237997.md","text":"https://secwatch.observer/filing/0001193125-25-237997.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/732712/000119312525237997/0001193125-25-237997-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/732712/000119312525237997/d51725d8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:01:11.253101+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"}