VZ Form 4: Verizon HR chief reports new phantom stock award
Rhea-AI Filing Summary
Verizon Communications Inc. (VZ) executive vice president and Chief HR Officer Samantha Hammock reported an acquisition of 84.289 phantom stock units on 11/20/2025 under a deferred compensation plan. After this transaction, she beneficially owns 29,098.676 phantom stock units, held indirectly through the company’s deferred compensation plan.
Each phantom stock unit is described as the economic equivalent of a portion of one share of Verizon common stock and is settled in cash rather than actual shares. The units become payable upon events that Ms. Hammock has established in line with the plan’s rules, and the total includes phantom stock accumulated through dividend reinvestment.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock (unitized) | 84.289 | $11.64 | $981.12 |
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?
The filing reports that EVP and Chief HR Officer Samantha Hammock acquired 84.289 phantom stock units on 11/20/2025 under a deferred compensation plan.
How many phantom stock units does the Verizon (VZ) executive now beneficially own?
Following the reported transaction, Samantha Hammock beneficially owns 29,098.676 phantom stock units, held indirectly through a Deferred Compensation Plan.
What is phantom stock in the context of Verizon (VZ)?
The filing states that each share of phantom stock is the economic equivalent of a portion of one share of Verizon common stock and is settled in cash, not in actual shares.
When do the Verizon (VZ) phantom stock units become payable?
The phantom stock units become payable upon events established by the reporting person in accordance with the deferred compensation plan.
Does the Verizon (VZ) phantom stock total include dividend reinvestment?
Yes. The filing notes that the total 29,098.676 phantom stock units includes phantom stock acquired through dividend reinvestment.
Is the Verizon (VZ) phantom stock held directly or indirectly by the executive?
The filing indicates that the 29,098.676 phantom stock units are held indirectly by the reporting person through a Deferred Compensation Plan.