Short answer
Verizon (VZ) filed an 8-K current report with the SEC on July 24, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). CEO Daniel Schulman’s initial employment term extended through December 31, 2028.
Verizon 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- CEO Daniel Schulman’s initial employment term extended through December 31, 2028
- Post-2028 employment subject to automatic one-year extensions unless either party provides 90 days’ notice
- 2028 long-term incentive award target of at least $25 million
- Award’s time-based vesting deemed fully satisfied after succession-event termination
- Board retains discretion over compensation for years following 2028
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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