Hammock Samantha 4

What Happened Samantha Hammock, Executive Vice President and Chief Human Resources Officer at Verizon Communications (VZ), was granted 86.96 shares of phantom stock on 2026-01-29. The grant is recorded at an acquisition price of $11.37 per share for a total economic value of about $989. This was an award (derivative, cash-settled) under Verizon’s deferred compensation arrangements—not an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-29; Report filed: 2026-01-30.
• Transaction type: Award/Grant (derivative phantom stock), code A.
• Shares granted: 86.96 phantom shares; per-share value recorded at $11.37; total ≈ $989.
• Shares owned following transaction: not specified in the filing.
• Footnotes: F1 — each phantom share is the economic equivalent of a portion of one common share and is settled in cash; payable upon events chosen by the reporting person under the deferred compensation plan. F2 — amount includes phantom stock acquired via dividend reinvestment.
• Filing timeliness: appears timely (filed one day after the transaction); no late-filing indication.

Context Phantom stock is a derivative award that tracks the economic value of company stock but is paid in cash when vesting or payout conditions are met. Such awards are common for deferred compensation and are administrative/remuneration events rather than direct bets on the stock.