[Form 4] VERIZON COMMUNICATIONS INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Verizon Communications executive Samantha Hammock received a compensation-related grant of phantom stock units under a deferred compensation plan. On this award date, she acquired 72.511 unitized phantom stock units, economically tied to portions of Verizon common stock at a reference price of $13.63 per unit.
These holdings are indirect and recorded "By Deferred Compensation Plan," bringing her total phantom stock balance in the plan to 35,329.157 units. Each phantom stock unit is settled in cash rather than shares and becomes payable upon events she previously established under the plan, with amounts also reflecting dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hammock Samantha
Role
EVP & Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock (unitized) | 72.511 | $13.63 | $988.32 |
Holdings After Transaction:
Phantom Stock (unitized) — 35,329.157 shares (Indirect, By Deferred Compensation Plan)
Footnotes (1)
- 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. Includes phantom stock acquired through dividend reinvestment.
Key Figures
Phantom stock units granted: 72.511 units
Reference price per unit: $13.63 per unit
Total phantom stock after grant: 35,329.157 units
+1 more
4 metrics
Phantom stock units granted
72.511 units
Grant under deferred compensation plan on April 9, 2026
Reference price per unit
$13.63 per unit
Economic reference for newly granted phantom stock
Total phantom stock after grant
35,329.157 units
Indirect holdings by deferred compensation plan after transaction
Underlying common stock equivalent
21.000 shares
Underlying Verizon common stock tied to the new phantom units
Key Terms
Phantom Stock (unitized), Deferred Compensation Plan, dividend reinvestment, Grant, award, or other acquisition
4 terms
Phantom Stock (unitized) financial
"security_title: "Phantom Stock (unitized)""
Deferred Compensation Plan financial
"nature_of_ownership: "By Deferred Compensation Plan""
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
dividend reinvestment financial
"Includes phantom stock acquired through dividend reinvestment."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""