Hammock Samantha 4

What Happened
Samantha Hammock, EVP & Chief Human Resources Officer at Verizon (VZ), was granted 68.31 phantom shares (derivative award) on March 26, 2026. The award was recorded at a per-share value of $14.47, for a total economic value of about $988. This was an award/grant (code A) and not an open-market purchase or sale of actual common stock.

Key Details

• Transaction date: 2026-03-26; Filing date: 2026-03-30 (timely within the Form 4 reporting window).
• Award: 68.31 phantom shares at $14.47 per share; total reported value ≈ $988.
• Transaction type/code: A (award/grant), derivative instrument (phantom stock).
• Shares owned after transaction: aggregate/beneficial ownership after this grant is not disclosed 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 established under the deferred compensation plan.
  • F2: Includes phantom stock acquired through dividend reinvestment.
• Exhibits/remarks: Exhibit 24 — Power of Attorney listed.

Context
Phantom stock is a cash-settled deferred compensation award that provides economic exposure to the company’s stock value but does not represent immediate ownership of common shares. Such awards are common for executive compensation and do not necessarily indicate buying or selling sentiment in the open market.