[Form 4] VERIZON COMMUNICATIONS INC Insider Trading Activity
Verizon Communications executive Samantha Hammock received a compensation-related grant of phantom stock units under a deferred compensation plan.
Sentiment and the balance of points
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock (unitized) | 72.511 | $13.63 | $988.32 |
Footnotes (2)
- F1. 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.
- F2. Includes phantom stock acquired through dividend reinvestment.
Key Figures
Key Terms
Phantom Stock (unitized) financial
Deferred Compensation Plan financial
dividend reinvestment financial
Grant, award, or other acquisition financial
AI-generated analysis. How Rhea-AI works. Not financial advice.