VZ insider reports 86.267 phantom stock units in deferred plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Verizon Communications (VZ) executive reports phantom stock acquisition. On 11/06/2025, the EVP & Chief HR Officer filed a Form 4 showing the acquisition of 86.267 phantom stock units at a derivative price of $11.37. The table lists underlying securities as Common Stock, 25 shares. Following the transaction, the reporting person beneficially owned 29,014.387 phantom stock units indirectly through a Deferred Compensation Plan.
Phantom stock is an economic equivalent tied to the value of common shares and, per the disclosure, is settled in cash and becomes payable upon events established under the deferred compensation plan, including 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) | 86.267 | $11.37 | $980.86 |
Holdings After Transaction:
Phantom Stock (unitized) — 29,014.387 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 did Verizon (VZ) disclose in this Form 4?
An executive acquired 86.267 phantom stock units on 11/06/2025, with 29,014.387 units beneficially owned afterward, held indirectly via a Deferred Compensation Plan.
What is the derivative price and underlying security noted?
The filing shows a derivative price of $11.37 and lists the underlying as Common Stock, 25 shares.
How are Verizon (VZ) phantom stock units settled?
They are settled in cash and become payable upon events set by the reporting person under the deferred compensation plan.
How many phantom stock units does the insider hold after this transaction?
The reporting person beneficially owned 29,014.387 phantom stock units after the transaction.
How are the units held according to the filing?
The units are held indirectly through a Deferred Compensation Plan.
Does the filing mention dividend reinvestment?
Yes. The total includes phantom stock acquired through dividend reinvestment.