{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-315236","form_type":"8-K","ticker":"VZ","cik":"0000732712","company_name":"VERIZON COMMUNICATIONS INC","filed_at":"2026-07-24T13:07:03+00:00","discovered_at":"2026-07-24T13:07:44.785550+00:00","generated_at":"2026-07-24T13:07:50.982591+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Verizon extends CEO Daniel Schulman's term to Dec 2028; guarantees $25M LTI award for 2028","bullets":["Initial employment term extended from Dec 31, 2027 to Dec 31, 2028; thereafter subject to annual one-year extensions.","For 2028, base salary and target annual incentive no less than during initial term; LTI award of at least $25M granted in Q1 2027.","LTI award time-based vesting deemed satisfied upon termination due to a succession event after grant date.","Compensation for years after 2028 to be determined by Board at time of band 1 executive decisions."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-315236","json":"https://secwatch.observer/filing/0001193125-26-315236.json","markdown":"https://secwatch.observer/filing/0001193125-26-315236.md","text":"https://secwatch.observer/filing/0001193125-26-315236.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/732712/000119312526315236/0001193125-26-315236-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/732712/000119312526315236/d174102d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-24T13:07:50.982591+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"}