Hammock Samantha 4

What Happened
Samantha Hammock, EVP & Chief Human Resources Officer at Verizon (VZ), was granted 73.554 phantom stock units on 2026-05-07. The units are recorded at $13.44 each for a total value of roughly $989. This was an award/grant (derivative compensation), not a market purchase or sale.

Key Details

• Transaction date: 2026-05-07; filing date: 2026-05-11 (filed within the 2-business-day window).
• Type: Award/Grant (Form 4 code A); 73.554 derivative units @ $13.44 each = ~$989.
• Shares owned after transaction: Not disclosed on this filing.
• Footnote F1: Each phantom stock unit is the economic equivalent of a portion of one common share and is settled in cash; payout timing follows the reporting person’s elections under the deferred compensation plan.
• Footnote F2: The amount includes phantom stock acquired through dividend reinvestment.

Context
Phantom stock is a cash-settled, derivative form of compensation that mirrors the economic value of shares; it does not transfer actual shares and is typically part of deferred compensation plans. Such grants are routine compensation for executives and should not be interpreted as an immediate buy or sell signal in the market.