8-KItem 5.02 · Officer/Director Change
Verizon’s HR Committee amended Daniel H.
Filed with the SEC on · Summarized by InvestorsBot
Verizon’s HR Committee amended Daniel H. Schulman’s pay terms (approved Jan 8, 2026). Updates a $30M target PSU award to be granted in Q1 2026 (annual LTIP grant date). 8‑K filed Jan 12. $VZ 📄💼 #ExecutiveComp #CorporateGovernance
PSU vesting: to the extent earned, vests 12/31/2027 (generally requires continued employment). 50% tied to adjusted EPS (period ending 12/31/27); 50% tied to relative TSR vs comparator (0–200% payout per tranche). $VZ 📈⚖️ #TSR #EPS
TSR tranches measured 10/17/2025–12/31/2026 and 10/17/2025–12/31/2027. Investors should watch the Committee’s chosen comparator group and EPS targets for payoff and potential dilution from the $30M award. $VZ 🔍📊 #InvestorWatch #VZ