Verizon EVP granted 40,495 restricted stock units
Hammock Samantha reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Hammock Samantha reported acquisition or exercise transactions in this Form 4 filing.
VERIZON COMMUNICATIONS INC executive Samantha Hammock received a new equity award. On April 1, 2026, the EVP & Chief HR Officer was granted 40,495 Restricted Stock Units tied to Verizon common stock.
Each RSU represents the right to receive one share of common stock, plus accrued dividends, on the payment date when it vests. According to the award terms, the 40,495 RSUs will vest in three equal annual installments beginning on March 1, 2027.
Insider Trade Summary
Grant/Award: 40,495 shares
Grant/Award
1 txn
Insider
Hammock Samantha
Role
EVP & Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units - 2026 Award | 40,495 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units - 2026 Award — 40,495 contracts (Direct)
Footnotes (1)
- F1. Each Restricted Stock Unit (RSU) represents the right to receive one share of common stock, plus accrued dividends, on the payment date with respect to the date that the RSU vests. Subject to the terms of the RSU Agreement, the RSUs will vest in three equal annual installments beginning on March 1, 2027.
Key Figures
RSUs granted: 40,495 units
Underlying shares: 40,495 shares
Vesting start date: March 1, 2027
+1 more
4 metrics
RSUs granted
40,495 units
Restricted Stock Units granted on April 1, 2026
Underlying shares
40,495 shares
Each RSU equals one share of common stock
Vesting start date
March 1, 2027
First of three equal annual vesting installments
Shares following transaction
40,495 units
Total RSUs held from this award after grant
Key Terms
Restricted Stock Units, RSU Agreement, vest, accrued dividends
4 terms
Restricted Stock Units financial
"Each Restricted Stock Unit (RSU) represents the right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSU Agreement financial
"Subject to the terms of the RSU Agreement, the RSUs will vest"
vest financial
"the RSUs will vest in three equal annual installments"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
accrued dividends financial
"one share of common stock, plus accrued dividends, on the payment date"
Accrued dividends are payments a company owes to shareholders that have been earned or officially declared but not yet paid; think of them as an IOU the company has for past dividend obligations. They matter to investors because they represent a near-term claim on a company’s cash, affect the company’s reported liabilities and value, and can be especially important when assessing income reliability or priority in a payout situation.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Verizon (VZ) report for Samantha Hammock?
Verizon reported that EVP & Chief HR Officer Samantha Hammock received a grant of 40,495 Restricted Stock Units on April 1, 2026. These units are a form of equity compensation that settle in Verizon common stock as they vest over time beginning in 2027.
How many Restricted Stock Units were granted to the Verizon (VZ) HR chief?
Samantha Hammock was granted 40,495 Restricted Stock Units. Each unit represents the right to receive one share of Verizon common stock, plus accrued dividends, once the RSU vests and is paid according to the schedule set out in the award agreement.
When do Samantha Hammock’s Verizon (VZ) RSUs start vesting?
The RSUs granted to Samantha Hammock begin vesting on March 1, 2027. The award vests in three equal annual installments, so portions of the 40,495 units will become payable each year starting in 2027 under the terms of the RSU Agreement.
What does each Verizon (VZ) RSU awarded to Samantha Hammock represent?
Each Restricted Stock Unit represents the right to receive one share of Verizon common stock, plus accrued dividends, on the payment date associated with the vesting date. This means Hammock’s 40,495 RSUs correspond to 40,495 underlying Verizon common shares if fully vested.
Is Samantha Hammock’s Verizon (VZ) RSU grant an open-market purchase or sale?
The RSU award is classified as a grant or award acquisition, not an open-market trade. The Form 4 uses transaction code “A,” showing these 40,495 units were granted as compensation rather than bought or sold on the market by the executive.
How many Verizon (VZ) RSUs does Samantha Hammock hold after this transaction?
After this grant, Samantha Hammock holds 40,495 Restricted Stock Units directly, as reported in the Form 4. This figure reflects the total RSUs covered by this specific award, which will vest in three equal annual installments beginning on March 1, 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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