STOCK TITAN
  1. Home
  2. Sec-filings
  3. VZ
  4. [Form 4] VERIZON COMMUNICATIONS INC Insider Trading Activity

Verizon (NYSE: VZ) HR chief adds phantom stock via deferred plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Verizon Communications EVP & Chief HR Officer Samantha Hammock reported an acquisition of phantom stock units through a deferred compensation plan. She received 68.3100 units of unitized phantom stock on this date, each economically tied to a portion of one share of Verizon common stock and settled in cash.

After this award, her indirect holdings under the deferred compensation plan increased to 35,256.6460 phantom stock units, including amounts accumulated through dividend reinvestment. These units track the value of Verizon common stock but do not represent actual share ownership.

Positive

  • None.

Negative

  • None.
Insider Hammock Samantha
Role EVP & Chief HR Officer
Type Security Shares Price Value
Grant/Award Phantom Stock (unitized) 68.31 $14.47 $988.45
Holdings After Transaction: Phantom Stock (unitized) — 35,256.646 shares (Indirect, By Deferred Compensation Plan)
Footnotes (1)
  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.
Phantom stock units granted 68.3100 units Grant under deferred compensation plan on transaction date
Phantom stock price reference $14.4700 per unit Unit value used for this phantom stock grant
Total phantom units after transaction 35,256.6460 units Indirect holdings in deferred compensation plan following grant
Underlying common stock equivalent 19.0000 shares Underlying Verizon common stock reference for this phantom stock award
Conversion or exercise price $0.0000 Phantom stock is cash-settled with no exercise price
Phantom Stock (unitized) financial
"security_title": "Phantom Stock (unitized)""
deferred compensation plan financial
"in accordance with the 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.
indirect ownership financial
""ownership_type": "indirect""
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hammock Samantha
(Last)(First)(Middle)
VERIZON COMMUNICATIONS INC.
1095 AVENUE OF THE AMERICAS
(Street)
NEW YORK NEW YORK 10036
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
VERIZON COMMUNICATIONS INC [ VZ ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & Chief HR Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/26/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock (unitized)(1)03/26/2026A68.31 (1) (1)Common Stock19$14.4735,256.646(2)IBy Deferred Compensation Plan
Explanation of Responses:
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.
2. Includes phantom stock acquired through dividend reinvestment.
Remarks:
Exhibit 24 - Power of Attorney.
Evgeniya Berezkina, Attorney-in-fact for Samantha Hammock03/30/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Verizon (VZ) executive Samantha Hammock report in this Form 4?

Samantha Hammock reported receiving an additional grant of phantom stock units under a deferred compensation plan. She acquired 68.3100 unitized phantom stock units that are economically tied to Verizon common stock and settled in cash rather than actual shares.

How many phantom stock units did Samantha Hammock receive from Verizon (VZ)?

She received 68.3100 unitized phantom stock units linked to Verizon common stock. These units form part of a deferred compensation arrangement, providing cash-settled value based on the stock’s performance rather than direct ownership of common shares.

What is the total phantom stock balance reported for Samantha Hammock at Verizon (VZ)?

Following this transaction, her indirect holdings total 35,256.6460 phantom stock units. This balance includes units acquired through awards and additional phantom stock accumulated via dividend reinvestment within the deferred compensation plan structure.

How is Verizon’s phantom stock settled for Samantha Hammock?

Each phantom stock unit is the economic equivalent of a portion of one Verizon common share and is settled in cash. The cash becomes payable upon events that Hammock has established under the terms of the deferred compensation plan.

Does Samantha Hammock’s phantom stock award involve direct Verizon (VZ) share ownership?

No. The filing states that phantom stock units are economic equivalents of portions of common shares and are settled in cash. They are held indirectly through a deferred compensation plan, rather than as directly owned Verizon common stock.

How are dividends handled on Samantha Hammock’s Verizon phantom stock units?

The filing notes that her phantom stock balance includes units acquired through dividend reinvestment. This means notional dividends are reinvested into additional phantom stock units within the deferred compensation plan framework.