On April 6 2026, Verizon Communications Inc announced that it filed a definitive proxy solicitation statement urging its shareholders to vote against a shareholder proposal from American Family Association Inc requesting the Board of Directors of the Company to publish a report prepared at reasonable expense and omitting proprietary information evaluating the risks to shareholder value corporate reputation and legal compliance associated with incorporating environmental social and governance ESG and diversity equity and inclusion DEI metrics into executive compensation plans with the vote scheduled for the annual meeting of shareholders on May 21 2026.