# EDGAR Filing Document

**Accession Number:** 0000732712
**File Stem:** 0001193125-23-058988
**Filing Date:** 2023-3
**Character Count:** 8485
**Document Hash:** 01a749aafabcb2113d1031bd6d2bc8b0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-058988.hdr.sgml**: 20230303

**ACCESSION NUMBER**: 0001193125-23-058988

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20230302

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**FILED AS OF DATE**: 20230303

**DATE AS OF CHANGE**: 20230303

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VERIZON COMMUNICATIONS INC
- **CENTRAL INDEX KEY:** 0000732712
- **STANDARD INDUSTRIAL CLASSIFICATION:** TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
- **IRS NUMBER:** 232259884
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-08606
- **FILM NUMBER:** 23701637

**BUSINESS ADDRESS:**
- **STREET 1:** 1095 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
- **BUSINESS PHONE:** 212-395-1000

**MAIL ADDRESS:**
- **STREET 1:** 1095 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BELL ATLANTIC CORP
- **DATE OF NAME CHANGE:** 19920703

?xml version="1.0" encoding="utf-8" ? 8-K

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### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION

#### Washington, D.C. 20549

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### FORM 8-K

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#### CURRENT REPORT

#### Pursuant to Section 13 or 15(d)

#### of the Securities Exchange Act of 1934

#### Date of Report: March 2, 2023

#### (Date of earliest event reported)

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## VERIZON COMMUNICATIONS INC.

#### (Exact name of registrant as specified in its charter)

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| | | |
|:---|:---|:---|
| **Delaware** | **1-8606** | **23-2259884** |
| **(State or other jurisdiction**<br> **of incorporation)** | **(Commission**<br> **File Number)** | **(I.R.S. Employer**<br> **Identification No.)** |

---

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| | |
|:---|:---|
| **1095 Avenue of the Americas**<br> **New York, New York** | **10036** |
| **(Address of principal executive offices)** | **(Zip Code)** |

---

#### Registrant's telephone number, including area code: (212) 395-1000

#### Not Applicable

#### (Former name or former address, if changed since last report)

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| **Title of Each Class** | **Trading**<br> **Symbol(s)** | **Name of Each Exchange**<br> **on Which Registered** |
| Common Stock, par value $0.10 | VZ | New York Stock Exchange |
| Common Stock, par value $0.10 | VZ | The NASDAQ Global Select Market |
| 1.625% Notes due 2024 | VZ 24B | New York Stock Exchange |
| 4.073% Notes due 2024 | VZ 24C | New York Stock Exchange |
| 0.875% Notes due 2025 | VZ 25 | New York Stock Exchange |
| 3.25% Notes due 2026 | VZ 26 | New York Stock Exchange |
| 1.375% Notes due 2026 | VZ 26B | New York Stock Exchange |
| 0.875% Notes due 2027 | VZ 27E | New York Stock Exchange |
| 1.375% Notes due 2028 | VZ 28 | New York Stock Exchange |
| 1.125% Notes due 2028 | VZ 28A | New York Stock Exchange |
| 2.350% Fixed Rate Notes due 2028 | VZ 28C | New York Stock Exchange |
| 1.875% Notes due 2029 | VZ 29B | New York Stock Exchange |
| 0.375% Notes due 2029 | VZ 29D | New York Stock Exchange |
| 1.250% Notes due 2030 | VZ 30 | New York Stock Exchange |
| 1.875% Notes due 2030 | VZ 30A | New York Stock Exchange |
| 4.250% Notes due 2030 | VZ 30D | New York Stock Exchange |
| 2.625% Notes due 2031 | VZ 31 | New York Stock Exchange |
| 2.500% Notes due 2031 | VZ 31A | New York Stock Exchange |
| 3.000% Fixed Rate Notes due 2031 | VZ 31D | New York Stock Exchange |
| 0.875% Notes due 2032 | VZ 32 | New York Stock Exchange |
| 0.750% Notes due 2032 | VZ 32A | New York Stock Exchange |
| 1.300% Notes due 2033 | VZ 33B | New York Stock Exchange |
| 4.75% Notes due 2034 | VZ 34 | New York Stock Exchange |
| 4.750% Notes due 2034 | VZ 34C | New York Stock Exchange |
| 3.125% Notes due 2035 | VZ 35 | New York Stock Exchange |
| 1.125% Notes due 2035 | VZ 35A | New York Stock Exchange |
| 3.375% Notes due 2036 | VZ 36A | New York Stock Exchange |
| 2.875% Notes due 2038 | VZ 38B | New York Stock Exchange |
| 1.875% Notes due 2038 | VZ 38C | New York Stock Exchange |
| 1.500% Notes due 2039 | VZ 39C | New York Stock Exchange |
| 3.50% Fixed Rate Notes due 2039 | VZ 39D | New York Stock Exchange |
| 1.850% Notes due 2040 | VZ 40 | New York Stock Exchange |
| 3.850% Fixed Rate Notes due 2041 | VZ 41C | New York Stock Exchange |

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

☐ Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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| | |
|:---|:---|
| **Item 5.02.** | **Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.** |

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On March 2, 2023, the Verizon Board of Directors appointed Anthony T. Skiadas, Verizon's Senior Vice President and Controller, to succeed Matthew D. Ellis as Verizon's Executive Vice President and Chief Financial Officer, effective May 1, 2023. On the same day, the Human Resources Committee of the Board of Directors approved a compensation increase for Mr. Skiadas in connection with his appointment. Effective May 1, 2023, Mr. Skiadas' base salary will increase from $625,000 to $800,000, his target short-term incentive opportunity will increase from 90% to 150% of base salary, and his target long-term incentive opportunity will increase from $2,200,000 to $7,000,000. Mr. Skiadas, 54, has served as Verizon's Senior Vice President and Controller since 2013.

On March 2, 2023, the Verizon Board of Directors appointed Mary-Lee Stillwell to succeed Mr. Skiadas as Verizon's Senior Vice President and Controller, effective May 1, 2023. On the same day, the Human Resources Committee of the Board of Directors approved a compensation increase for Ms. Stillwell in connection with her appointment. Effective May 1, 2023, Ms. Stillwell's base salary will increase from $425,000 to $525,000, her target short-term incentive opportunity will increase from 50% to 90% of base salary, and her target long-term incentive opportunity will increase from $600,000 to $1,200,000. Ms. Stillwell, 49, has served as Verizon's Vice President - Accounting and External Reporting, since she joined the company in 2020. From 2018 until she joined Verizon, Ms. Stillwell was Chief Accounting Officer for Clearway Energy, and prior to that, she was Vice President and Assistant Controller for NRG Energy, Inc.

On March 2, 2023, the Verizon Board of Directors appointed Kyle Malady, Verizon's Executive Vice President and President - Global Networks & Technology, as Verizon's Executive Vice President and Group CEO - Verizon Business, effective immediately. On that day, Mr. Malady ceased to serve as Verizon's Executive Vice President and President - Global Networks & Technology.

Mr. Ellis will leave Verizon on May 1, 2023.

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#### SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
|  | **VERIZON COMMUNICATIONS INC.** | **VERIZON COMMUNICATIONS INC.** |
| Date: March 3, 2023 | By | /s/ William L. Horton, Jr. |
|  |  | William L. Horton, Jr. |
|  |  | Senior Vice President, Deputy General Counsel and Corporate Secretary |

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