---
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"
generated_at: "2026-05-17T04:01:11.253101+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Verizon CEO Schulman receives $1.5M salary, $30M PSU; execs get $4M retention RSUs

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-237997
- JSON: https://secwatch.observer/filing/0001193125-25-237997.json
- Plain text: https://secwatch.observer/filing/0001193125-25-237997.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.