After many other carriers around the world have updated their variants of the HTC One M8 to Lollipop, now Verizon is doing the same.
While Lollipop has been out for a few months, it’s worth revisiting what’s improved. With Lollipop, you will be able to get a revamped notification shade, the new card-like multitasking menu, and new lock screen notification alerts. As to Verizon-specific features, they have enabled band 4 roaming and made enhancements to 3-way calling.
Since the update just rolled out, it might not have been pushed to your device just yet. You can either wait for Verizon to push it for you, or you can check in the software update settings.