Verizon (VZ) HR chief adds 5,071.93 phantom stock units via plan

Rhea-AI Filing Summary

Verizon Communications executive Samantha Hammock reported an acquisition of cash-settled phantom stock units through a deferred compensation plan. On this Form 4, she acquired 5,071.93 phantom stock units at an assigned price of $13.95 per unit, bringing her indirect holdings in this plan to 35,119.88 units.

Each phantom stock unit represents the economic equivalent of a portion of one Verizon common share but is settled in cash rather than stock. The units will be paid out in cash upon events that Ms. Hammock has established under the company’s deferred compensation plan, and they also include amounts accumulated through dividend reinvestment.

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)	5,071.93	$13.95	$71K

Holdings After Transaction: Phantom Stock (unitized) — 35,119.88 shares (Indirect, By Deferred Compensation Plan)

Footnotes (1)

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.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

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)
02/26/2026

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

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
Phantom Stock (unitized)	(1)	02/26/2026		A		5,071.93		(1)	(1)	Common Stock	1,447	$13.95	35,119.88(2)	I	By Deferred Compensation Plan

Explanation of Responses:

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.

2. Includes phantom stock acquired through dividend reinvestment.

Remarks:

	Evgeniya Berezkina, Attorney-in-fact for Samantha Hammock	02/27/2026
	** 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 transaction did Verizon (VZ) report for Samantha Hammock?

Verizon reported that Samantha Hammock acquired 5,071.93 phantom stock units through a deferred compensation plan. These units increase her indirect holdings to 35,119.88 units and are tied to the value of Verizon common stock but settled in cash.

What is the nature of the phantom stock units reported by Verizon (VZ)?

The phantom stock units are cash-settled awards economically linked to portions of Verizon common shares. They do not deliver actual shares; instead, they pay cash based on share value at payout, under the company’s deferred compensation plan rules and elections.

How is Samantha Hammock’s ownership in this Verizon (VZ) Form 4 classified?

Her holdings are classified as indirect ownership “By Deferred Compensation Plan.” This means the phantom stock units are held within a company deferred compensation arrangement rather than as directly owned Verizon common shares in a brokerage or similar personal account.

What price and quantity were reported for the Verizon (VZ) phantom stock grant?

The filing shows 5,071.93 phantom stock units credited at an assigned price of $13.95 per unit. After this transaction, total phantom units in the deferred compensation plan account reported for Samantha Hammock increased to 35,119.88 units.

When do the Verizon (VZ) phantom stock units become payable to Samantha Hammock?

The phantom stock units become payable in cash upon events that Samantha Hammock has established under Verizon’s deferred compensation plan. These events are determined in accordance with plan rules, rather than following a typical stock option vesting and exercise structure.

Do the Verizon (VZ) phantom stock units include dividend reinvestment amounts?

Yes. The reported phantom stock balance includes units acquired through dividend reinvestment. Cash dividends that would have been paid on equivalent Verizon shares are instead credited as additional phantom stock units inside the deferred compensation plan account.