Hammock Samantha 4

What Happened
Samantha Hammock, EVP & Chief Human Resources Officer at Verizon Communications (VZ), was granted 5,071.93 shares of phantom stock (a derivative award) on 2026-02-26. The grant is reported at $13.95 per share, with a reported economic value of $70,753. This was an award/grant (code A) — not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-02-26; filing date: 2026-02-27 (filed the next day).
• Amount: 5,071.93 phantom shares at $13.95 per share; total value reported $70,753.
• Security type: Phantom stock (derivative) — cash‑settled under Verizon’s deferred compensation plan.
• Footnotes: (F1) Each phantom share equals the economic equivalent of a portion of one common share and is settled in cash when payable under the deferred compensation plan. (F2) The grant includes phantom stock acquired through dividend reinvestment.
• Shares owned after transaction: Not specified in the filing.
• Timeliness: Filing appears timely (filed one day after the report date).

Context
Phantom stock awards are derivative, cash‑settled compensation tied to the company’s stock performance and are typically paid upon specified events (e.g., vesting, separation, or plan election). Such awards are compensation rather than open‑market purchases, so they don't directly indicate insider buying or selling sentiment.