Hammock Samantha 4

What Happened

• Samantha Hammock, EVP & Chief Human Resources Officer at Verizon, received a grant of 71.766 phantom shares on 2026-05-21. The filing lists a per-share value of $13.77 for a total economic value of about $988. This was an award/grant (derivative) rather than an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-05-21; 71.766 phantom shares valued at $13.77 each (total ≈ $988).
• Transaction type/code: Award/Grant (code A) — phantom stock (derivative) that is cash-settled.
• Shares owned after transaction: Not specified in this filing.
• Footnotes: F1 — each phantom share is the economic equivalent of part of one common share and is settled in cash; payable upon events selected under the deferred compensation plan. F2 — amount includes phantom stock acquired through dividend reinvestment.
• Filing timeliness: Report filed 2026-05-26 for a 2026-05-21 transaction; the Form 4 appears to have been filed one business day late.

Context

• Phantom stock is a deferred, cash-settled award that tracks the economic value of common shares; it is a form of compensation and does not represent immediate share ownership or an open-market purchase. Such awards are routine for executives and should be viewed as compensation-related rather than a direct bullish signal.