Hammock Samantha 4

What Happened Samantha Hammock, EVP & Chief HR Officer at Verizon (VZ), received 59,705 shares upon the vesting of performance stock units (PSUs) on Feb 11, 2026. To cover tax withholding, 29,525 of those shares were withheld/disposed at $48.97 per share, generating proceeds of $1,445,839. Net shares issued to her after withholding were 30,180 (59,705 granted minus 29,525 withheld).

Key Details

• Transaction date: 2026-02-11 (reported on Form 4 filed 2026-02-13). Filing appears timely (Form 4 is generally due within 2 business days).
• Award: 59,705 shares issued upon PSU vesting (transaction code A). No per-share price applicable for the award (N/A).
• Withholding/tax sale: 29,525 shares withheld/disposed (transaction code F) at $48.97, proceeds $1,445,839.
• Net shares received: 30,180 shares retained after withholding.
• Footnote: These shares were issued upon vesting of PSUs that were subject to performance criteria other than Verizon’s stock price (per filing footnote F1).
• Shares owned after the transaction: not specified in the filing.

Context This was a compensation vesting event (performance-based PSUs) with shares withheld to satisfy tax obligations—not an open-market sale or purchase. Such withholding is routine and does not necessarily signal insider sentiment about the stock.