Verizon (VZ) EVP Hammock reports PSU vesting and tax-withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Verizon Communications executive Samantha Hammock reported equity compensation activity involving Verizon common stock. On February 11, 2026, she acquired 59,705 shares of common stock at no cost, issued upon vesting of performance stock units tied to performance criteria other than Verizon’s stock price.
On the same date, 29,525 shares were disposed of at $48.97 per share to cover tax obligations, a transaction coded as tax-withholding. After these transactions, she directly owned 66,470 shares of Verizon common stock and indirectly held 68 shares through her spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Hammock Samantha
Role
EVP & Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 59,705 | $0.00 | -- |
| Tax Withholding | Common Stock | 29,525 | $48.97 | $1.45M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 95,995 shares (Direct);
Common Stock — 68 shares (Indirect, By spouse)
Footnotes (1)
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FAQ
What insider transactions did Verizon (VZ) report for Samantha Hammock on February 11, 2026?
On February 11, 2026, Samantha Hammock received 59,705 Verizon common shares from vesting performance stock units and had 29,525 shares withheld at $48.97 per share for taxes. Following these transactions, she directly held 66,470 Verizon shares and indirectly held 68 shares via her spouse.
Was Samantha Hammock’s Verizon (VZ) Form 4 transaction a stock purchase or a compensation award?
The Form 4 reflects a compensation-related award, not an open-market stock purchase. Verizon issued 59,705 shares upon vesting of performance stock units, with 29,525 shares then disposed of to satisfy tax liabilities, as indicated by the transaction codes A and F in the filing details.
What does the tax-withholding transaction at $48.97 in Verizon (VZ) stock represent?
The tax-withholding transaction coded “F” represents 29,525 Verizon shares disposed of at $48.97 per share. This disposition was used to pay tax liabilities arising from the vesting and issuance of 59,705 performance-based stock units, rather than a discretionary market sale.