Exhibit 99.4
Monthly Investor Report: Verizon Master Trust - VZMT 2024-3
| Collection Period |
Payment Date | Transaction Month | Series Status at End of Prior Payment Date | |||||||||||||||||||||||||||||
| May 2026 | 06/22/2026 | 26 | Revolving | |||||||||||||||||||||||||||||
| Offered Notes |
Anticipated Redemption Date |
Final Maturity Date |
Issuance Note Balance |
SOFR:Days in the Interest Period |
Note Interest Rate |
SOFR Adjustment Date |
SOFR30A | Total | ||||||||||||||||||||||||
| Class A-1a |
4/20/27 | 04/22/2030 | $ | 604,635,000.00 | 5.34 | % | 5.34 | % | ||||||||||||||||||||||||
| Class A-1b |
4/20/27 | 04/22/2030 | $ | 175,000,000.00 | 33 | SOFR +0.58 | % | 06/12/2026 | 3.59301 | % | 4.17 | % | ||||||||||||||||||||
| Class B |
4/20/27 | 04/22/2030 | $ | 59,605,000.00 | 5.54 | % | 5.54 | % | ||||||||||||||||||||||||
| Class C |
4/20/27 | 04/22/2030 | $ | 35,760,000.00 | 5.73 | % | 5.73 | % | ||||||||||||||||||||||||
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| Total |
$ | 875,000,000.00 | ||||||||||||||||||||||||||||||
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| Series 2024-3 Allocation % x Group One Available Funds | $ | 59,995,710.63 | ||
| Amounts paid by the Cap Counterparty |
N/A | |||
| Available Subordinated Amounts |
$ | 0.00 | ||
| Amounts drawn on the Reserve Account |
$ | 0.00 | ||
| Amounts released from Principal Funding Account |
$ | 0.00 | ||
| Any amounts deposited by the Class A Certificateholder in connection with an Optional Redemption |
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| Total Available Funds |
$ | 59,995,710.63 |
| Beginning of Period Reserve Account Balance |
$ | 9,536,784.74 | ||
| Required Reserve Amount |
$ | 9,536,784.74 | ||
| Shortfall in Required Reserve Amount |
$ | 0.00 | ||
| Reserve Account funds needed this period (True/False) |
FALSE | |||
| Reserve Account draw amount required |
0.00 | |||
| Reserve Account Deposit Amount |
$ | 0.00 | ||
| End of Period Reserve Account Balance |
$ | 9,536,784.74 | ||
| Waterfall Distribution | Amount Due | Amount Paid | Shortfall | Carryover Shortfall | Remaining Available Funds | |||||||||||||||
| Master Collateral Agent Fee |
$ | 65.41 | $ | 65.41 | $ | 0.00 | $ | 0.00 | $ | 59,995,645.22 | ||||||||||
| Owner Trustee Fee |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 59,995,645.22 | ||||||||||
| Asset Representations Reviewer Fee |
$ | 33.62 | $ | 33.62 | $ | 0.00 | $ | 0.00 | $ | 59,995,611.60 | ||||||||||
| Supplemental ARR Fee |
$ | 134.48 | $ | 134.48 | $ | 0.00 | $ | 0.00 | $ | 59,995,477.12 | ||||||||||
| Indenture Trustee Fee |
$ | 1,250.00 | $ | 1,250.00 | $ | 0.00 | $ | 0.00 | $ | 59,994,227.12 | ||||||||||
| Servicing Fee |
$ | 680,859.02 | $ | 680,859.02 | $ | 0.00 | $ | 0.00 | $ | 59,313,368.10 | ||||||||||
| Class A-1a Note Interest |
$ | 2,690,625.75 | $ | 2,690,625.75 | $ | 0.00 | $ | 0.00 | $ | 56,622,742.35 | ||||||||||
| Class A-1b Note Interest |
$ | 669,420.35 | $ | 669,420.35 | $ | 0.00 | $ | 0.00 | $ | 55,953,322.00 | ||||||||||
| First Priority Principal Payment |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 55,953,322.00 | ||||||||||
| Class B Note Interest |
$ | 275,176.42 | $ | 275,176.42 | $ | 0.00 | $ | 0.00 | $ | 55,678,145.58 | ||||||||||
| Second Priority Principal Payment |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 55,678,145.58 | ||||||||||
| Class C Note Interest |
$ | 170,754.00 | $ | 170,754.00 | $ | 0.00 | $ | 0.00 | $ | 55,507,391.58 | ||||||||||
| Third Priority Principal Payment |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 55,507,391.58 | ||||||||||
| Reserve Account up to Required Reserve Amount |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 55,507,391.58 | ||||||||||
| Regular Priority Principal Payment |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 55,507,391.58 | ||||||||||
| Supplemental Successor Servicer Fee |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 55,507,391.58 | ||||||||||
| Additional Interest Amounts |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 55,507,391.58 | ||||||||||
| Make-Whole Payments |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 55,507,391.58 | ||||||||||
| Additional Fees and Expenses |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 55,507,391.58 | ||||||||||
| Additional Trust Expenses |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 55,507,391.58 | ||||||||||
| Class R Interest |
$ | 55,507,391.58 | $ | 55,507,391.58 | $ | 0.00 | $ | 0.00 | $ | 0.00 | ||||||||||
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| Total |
$ | 59,995,710.63 | $ | 59,995,710.63 | $ | 0.00 | $ | 0.00 | ||||||||||||
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| Total Priority Principal Payments and Additional Interest Amounts |
$ | 0.00 | ||||||||||||||||||
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| Noteholder Payments |
Note Balance | PFA Account | Interest Payment | Add’l Interest | Make-Whole | Total Payment | ||||||||||||||||||
| Class A-1a |
$ | 0.00 | $ | 0.00 | $ | 2,690,625.75 | $ | 0.00 | $ | 0.00 | $ | 2,690,625.75 | ||||||||||||
| Class A-1b |
$ | 0.00 | $ | 0.00 | $ | 669,420.35 | $ | 0.00 | $ | 0.00 | $ | 669,420.35 | ||||||||||||
| Class B |
$ | 0.00 | $ | 0.00 | $ | 275,176.42 | $ | 0.00 | $ | 0.00 | $ | 275,176.42 | ||||||||||||
| Class C |
$ | 0.00 | $ | 0.00 | $ | 170,754.00 | $ | 0.00 | $ | 0.00 | $ | 170,754.00 | ||||||||||||
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| Total |
$ | 0.00 | $ | 0.00 | $ | 3,805,976.52 | $ | 0.00 | $ | 0.00 | $ | 3,805,976.52 | ||||||||||||
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| Payment per $1,000 of Notes | As of Prior Payment Date | Current Payment Date | ||||||||||||||||||||||||||||||
| Noteholder Payments |
Note Balance per $1,000 of Notes |
Interest Payment | Make-Whole Payment | Total Payment | Balance | Note Pool Factor | Balance | Note Pool Factor | ||||||||||||||||||||||||
| Class A-1a |
$ | 1,000.00 | $ | 4.45 | $ | 0.00 | $ | 4.45 | $ | 604,635,000.00 | 1.00 | $ | 604,635,000.00 | 1.00 | ||||||||||||||||||
| Class A-1b |
$ | 1,000.00 | $ | 3.83 | $ | 0.00 | $ | 3.83 | $ | 175,000,000.00 | 1.00 | $ | 175,000,000.00 | 1.00 | ||||||||||||||||||
| Class B |
$ | 1,000.00 | $ | 4.62 | $ | 0.00 | $ | 4.62 | $ | 59,605,000.00 | 1.00 | $ | 59,605,000.00 | 1.00 | ||||||||||||||||||
| Class C |
$ | 1,000.00 | $ | 4.78 | $ | 0.00 | $ | 4.78 | $ | 35,760,000.00 | 1.00 | $ | 35,760,000.00 | 1.00 | ||||||||||||||||||
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| Total |
$ | 1,000.00 | $ | 4.35 | $ | 0.00 | $ | 4.35 | $ | 875,000,000.00 | 1.00 | $ | 875,000,000.00 | 1.00 | ||||||||||||||||||
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| Beginning Period | Add: Deposit | Ending Period | ||||||||||
| Principal Funding Account Limit |
$ | 437,500,000.00 | 437,500,000.00 | |||||||||
| Principal Funding Account balance |
$ | 0.00 | $ | 0.00 | $ | 0.00 | ||||||
Note: Information regarding Amortization Event Tests and Excess Concentration Amounts can be found on the Verizon Master Trust report filed as Exhibit 99.1 to this Form 10-D.
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