Hammock Samantha 4
4 · VERIZON COMMUNICATIONS INC · Filed Apr 10, 2026
Research Summary
AI-generated summary of this filing
Verizon (VZ) EVP Samantha Hammock Receives Award
What Happened Samantha Hammock, EVP & Chief Human Resources Officer at Verizon Communications (VZ), was granted 72.511 shares of phantom stock on 2026-04-09. The award is reported at an attributable price of $13.63 per share, for a notional value of approximately $988. This transaction is coded as an award/grant (A) and is a derivative, cash-settled arrangement rather than an open-market purchase.
Key Details
- Transaction date: 2026-04-09; filing date: 2026-04-10 (timely filing)
- Reported price/value: $13.63 per share; total notional value ≈ $988
- Security type: Phantom stock (derivative, cash-settled)
- Transaction code: A (award/grant)
- Shares owned after transaction: not provided in the supplied summary
- Footnotes: F1 — phantom shares are economic equivalents of common shares and are settled in cash per the deferred compensation plan; F2 — includes phantom stock acquired via dividend reinvestment
Context Phantom stock awards are deferred-compensation derivatives that pay cash based on the value of company stock at vesting or payout events; they are not purchases of actual common shares and do not represent an immediate bullish purchase. The reported value here is modest (~$988) and likely represents a standard executive compensation deferral rather than a market-timing signal.
Insider Transaction Report
- Award
Phantom Stock (unitized)
[F1][F2]2026-04-09$13.63/sh+72.511$988→ 35,329.157 total(indirect: By Deferred Compensation Plan)→ Common Stock (21 underlying)
Footnotes (2)
- [F1]Each share of phantom stock is the economic equivalent of a portion of one share of common stock and is settled in cash. The shares of phantom stock become payable upon events established by the reporting person in accordance with the deferred compensation plan.
- [F2]Includes phantom stock acquired through dividend reinvestment.