Verizon Communications Inc. has amended the compensation terms for Daniel H. Schulman, updating the $30 million target value performance stock unit (PSU) award scheduled for grant in early 2026. Under the revised agreement, the award will be granted in the first quarter of 2026 and will vest on December 31, 2027, subject to Schulman’s continued employment. Half of the award’s value will depend on Verizon’s total shareholder return relative to a comparator group, measured over two performance periods ending December 31, 2026, and December 31, 2027. The remaining half will vest based on Verizon’s achievement of adjusted earnings per share targets through the end of 2027. All other terms of Schulman’s agreement remain unchanged.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Verizon Communications Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-010395), on January 12, 2026, and is solely responsible for the information contained therein.
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