STOCK TITAN

Verizon (VZ) EVP Hammock reports PSU vesting and tax-withheld shares

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
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 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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SEC Form 4
FORM 4 UNITED 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 NY 10036

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
VERIZON COMMUNICATIONS INC [ VZ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & Chief HR Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/11/2026 A 59,705 A (1) 95,995 D
Common Stock 02/11/2026 F 29,525 D $48.97 66,470 D
Common Stock 68 I By spouse
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These shares of common stock were issued upon the vesting of outstanding Performance Stock Units that were subject to performance criteria other than the issuer's stock price.
Remarks:
Evgeniya Berezkina, Attorney-in-fact for Samantha Hammock 02/13/2026
** Signature of Reporting Person Date
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.

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.

How many Verizon (VZ) shares does Samantha Hammock own after the reported Form 4 transactions?

After the reported transactions, Samantha Hammock directly owns 66,470 Verizon common shares. The filing also shows an additional 68 Verizon shares held indirectly through her spouse, bringing her reported combined direct and indirect beneficial ownership to these disclosed levels in the document.

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.

How were the 59,705 Verizon (VZ) shares reported on the Form 4 earned by Samantha Hammock?

The 59,705 Verizon shares were issued upon vesting of performance stock units. The footnote explains these units were subject to performance criteria other than Verizon’s stock price, meaning they were granted based on achieving specified non-price performance goals before converting to common shares.

What is the nature of Samantha Hammock’s indirect ownership of Verizon (VZ) shares?

The Form 4 discloses that 68 Verizon common shares are held indirectly by Samantha Hammock through her spouse. This is indicated in the ownership table as indirect beneficial ownership “By spouse,” separate from her direct holdings of 66,470 shares after the reported transactions.