VERIZON COMMUNICATIONS INC·4

Apr 10, 3:17 PM ET

Hammock Samantha 4

Research Summary

AI-generated summary

Updated

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.