Verizon (VZ) HR chief Samantha Hammock gains 86.96 phantom stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Verizon Communications Inc. executive vice president and Chief HR Officer Samantha Hammock reported an acquisition of phantom stock units under a company deferred compensation plan. On January 29, 2026, she acquired 86.96 phantom stock (unitized) derivative securities at $11.37 per unit, held indirectly through the deferred compensation plan.
Following this transaction, Hammock indirectly held a total of 29,526.889 phantom stock units via the plan. Each phantom stock unit is economically tied to a portion of one share of Verizon common stock, is settled in cash, and becomes payable upon events she has established in accordance with the plan, including units accumulated through 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) | 86.96 | $11.37 | $988.74 |
Holdings After Transaction:
Phantom Stock (unitized) — 29,526.889 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.
FAQ
What insider transaction did Verizon (VZ) report for Samantha Hammock?
Verizon reported that EVP & Chief HR Officer Samantha Hammock acquired 86.96 phantom stock units on January 29, 2026. These units are held indirectly through a deferred compensation plan and provide cash-settled economic exposure to Verizon common stock rather than direct share ownership.
How many phantom stock units does Samantha Hammock hold after this Form 4 filing for Verizon (VZ)?
After the reported transaction, Samantha Hammock indirectly holds 29,526.889 phantom stock units through a deferred compensation plan. These units track the value of Verizon common stock and are payable in cash upon plan-specified events, including amounts accumulated via dividend reinvestment.
What is phantom stock in the context of Verizon (VZ) executive compensation?
Phantom stock in this context represents cash-settled units that mirror the value of Verizon common shares. Each unit is the economic equivalent of a portion of one share and becomes payable in cash when events set under the deferred compensation plan occur for the reporting executive.
At what price were the Verizon (VZ) phantom stock units credited to Samantha Hammock?
The 86.96 phantom stock units reported for Samantha Hammock were credited at a price of $11.37 per unit. These units are part of a deferred compensation plan, giving her cash-based exposure linked to Verizon’s common stock performance instead of direct share delivery.
Is Samantha Hammock’s Verizon (VZ) phantom stock holding direct or indirect ownership?
Samantha Hammock’s reported phantom stock holdings are classified as indirect ownership. The Form 4 specifies they are held "By Deferred Compensation Plan," meaning the economic interest arises through that plan structure rather than directly holding Verizon common shares.
Do Verizon (VZ) phantom stock units include dividend reinvestment for Samantha Hammock?
Yes. The filing notes that the reported total includes phantom stock acquired through dividend reinvestment. This means any dividends tied to Verizon common stock are credited as additional phantom stock units within Samantha Hammock’s deferred compensation plan balance over time.