Hammock Samantha 4

What Happened
Samantha Hammock, EVP & Chief Human Resources Officer at Verizon Communications (VZ), was granted 40,495 restricted stock units (RSUs) on April 1, 2026. The award is a derivative grant (no cash purchase) recorded at $0 on the Form 4; each RSU represents the right to receive one share of Verizon common stock plus accrued dividends when the RSU vests. This is a grant/award (transaction code A), not a buy or sale of shares.

Key Details

• Transaction date: 2026-04-01; Form 4 filed: 2026-04-02 (timely filing).
• Grant size: 40,495 RSUs; reported acquisition price: $0 (derivative award).
• Vesting: RSUs vest in three equal annual installments beginning March 1, 2027 (per footnote).
• Shares owned after transaction: not disclosed in this filing.
• No indication of a 10b5-1 plan, tax withholding sale, or immediate cashless exercise in this filing.

Context
RSU grants are common executive compensation used to retain employees; they do not represent immediate ownership of shares until they vest and are settled. Because this is an award rather than a purchase or sale, it should be viewed as compensation-related rather than a direct trading signal.