Hammock Samantha 4

What Happened

• Samantha Hammock, EVP and Chief Human Resources Officer at Verizon Communications (VZ), received a grant of 75.542 phantom stock units on 2026-06-17. The units are reported at $13.08 each for a total notional value of $988. This was an award/grant (derivative instrument) rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-06-17; filing date: 2026-06-18 (timely).
• Transaction type/code: Award/Grant (A) — 75.542 phantom shares @ $13.08 each; total notional value $988.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1 — each phantom share is economically equivalent to a portion of one common share and is settled in cash under the deferred compensation plan; F2 — includes phantom stock acquired through dividend reinvestment.
• This was a derivative, cash‑settled compensation award (not a stock purchase or sale).

Context

• Phantom stock units are typically part of executive compensation and are settled in cash according to plan rules; they do not convey actual voting shares and are not the same as buying company stock. Small dollar value awards like this are generally routine compensation rather than a directional insider bet.