VZVerizon
Deals between VZ and its directors, executives, owners of more than 5% or their families: a relative on the payroll, a plane the company charters from its CEO, a director's company that buys from it. SEC rules (Item 404) make the company list every such deal over $120,000 in its proxy statement. Below: what the proxy filed 2026-04-06 reports that the one filed 2025-04-07 did not, quoted as filed.
New this year
Paragraphs about a deal, a person or a relative with nothing like them in the proxy filed 2025-04-07.
Nothing new: every deal in this year's section was reported last year too.
The whole section 2 paragraphs, proxy filed 2026-04-06
“Related person transactions. The Corporate Governance and Policy Committee reviews related person transactions in accordance with SEC rules. Based on the facts and circumstances of each case, the Committee may approve, disapprove, ratify or cancel the transaction or recommend another course of action. In approving, disapproving, ratifying, cancelling, or making a recommendation to management, the Committee considers facts and circumstances it deems relevant, which may include, but are not limited to, (a) the risks, costs and benefits to the Company, (b) whether the transaction could impair the independence of a non-employee Director, (c) the terms of the transaction, (d) the availability of other sources for comparable services or products and (e) the terms available to or from, as the case may be, unrelated third parties or to or from employees generally. The Committee approves only those related person transactions that are in, or are not inconsistent with, the interests of the Company and its shareholders, as the Committee determines in the good faith exercise of its discretion. Any Committee members who are involved in a transaction under review do not participate in the Committee’s deliberations. During 2025, there were no related person transactions required to be disclosed in this proxy statement.”
Read it in the proxy ↗
“Insider trading policy. We have adopted an insider trading policy that governs the purchase, sale and other disposition of the Company’s securities by Verizon Directors, officers and employees. Consistent with the Code of Conduct, the policy prohibits trading in our securities while in possession of material nonpublic information. It also subjects our Directors, officers and certain designated employees to additional trading restrictions. We believe that our insider trading policy is reasonably designed to promote compliance with insider trading laws, rules and regulations as well as the exchange listing standards applicable to us. A copy of this insider trading policy is incorporated by reference as an exhibit in Verizon’s Annual Report on Form 10-K for the year ended December 31, 2025.”
Read it in the proxy ↗
Paragraphs are compared by their words, not read by AI: one counts as new when no paragraph last year shares half of its words, or when it names a person or company last year's section did not. A deal reported again with a new amount is not new. Always check the filing. Open the proxy ↗ · Last year's proxy ↗
Work on VZ in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/VZ/export.csv") into a cell.