Verizon (VZ) EVP reports new phantom stock units in deferred plan
Rhea-AI Filing Summary
Verizon Communications Inc. executive reports deferred compensation units
Verizon Communications Inc. executive officer Samantha Hammock, EVP & Chief HR Officer, reported a routine change in her deferred compensation holdings. On 12/31/2025, she acquired 85.011 units of phantom stock under a company deferred compensation plan at a derivative price of $11.63. After this transaction, she indirectly holds 29,351.981 phantom stock units through the deferred compensation plan.
Each unit of phantom stock is economically tied to a portion of one share of Verizon common stock but is settled in cash rather than stock. The phantom stock becomes payable upon events that Hammock has established under the terms of the deferred compensation plan, and the reported balance includes units acquired through dividend reinvestment.
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FAQ
What insider transaction did Verizon (VZ) report for Samantha Hammock?
EVP & Chief HR Officer Samantha Hammock reported acquiring 85.011 phantom stock units on 12/31/2025 under a company deferred compensation plan.
How many Verizon phantom stock units does Samantha Hammock now hold?
Following the reported transaction, Samantha Hammock indirectly holds 29,351.981 phantom stock units through the Verizon deferred compensation plan.
What is phantom stock in the Verizon (VZ) deferred compensation plan?
Each share of phantom stock is the economic equivalent of a portion of one share of Verizon common stock but is settled in cash rather than in actual shares.
When do Verizon phantom stock units become payable to the executive?
The phantom stock units become payable upon events established by the reporting person in accordance with the Verizon deferred compensation plan.
Does Samantha Hammock’s Verizon phantom stock include dividend reinvestment?
Yes. The reported holdings include phantom stock acquired through dividend reinvestment under the deferred compensation plan.
Is Samantha Hammock’s ownership in Verizon (VZ) direct or indirect?
The reported 29,351.981 phantom stock units are held indirectly through the Verizon deferred compensation plan.