STOCK TITAN

[Form 4] Verizon Communications Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Form 4: Insider acquisition via deferred compensation The report shows Verizon Communications executive Samantha Hammock, EVP & Chief HR Officer, acquired 78.246 units of phantom stock under the company deferred compensation plan at a notional price of $12.53 per unit. The phantom units are cash-settled equivalents of common shares and are payable under events selected by the reporting person in accordance with the plan. The filing states the reporting person now beneficially owns 28,106.188 phantom-equivalent shares, including units acquired through dividend reinvestment, held indirectly through the deferred compensation plan.

Modulo 4: Acquisto da parte di un insider tramite compensazione differita La segnalazione indica che Samantha Hammock, EVP e Chief HR Officer di Verizon Communications, ha acquisito 78.246 unità di azioni fantasma ai sensi del piano di compensazione differita dell’azienda, a un prezzo nozionale di $12,53 per unità. Le unità fantasma sono equivalenti in contanti alle azioni ordinarie e vengono corrisposte in occasione degli eventi scelti dalla persona che effettua la segnalazione, conformemente al piano. Il deposito dichiara che la persona che effettua la segnalazione ora detiene beneficiariamente 28.106,188 azioni equivalenti-fantasma, incluse le unità acquisite mediante reinvestimento dei dividendi, detenute indirettamente tramite il piano di compensazione differita.

Formulario 4: Adquisición por insider mediante compensación diferida El informe muestra que Samantha Hammock, EVP y Chief HR Officer de Verizon Communications, adquirió 78.246 unidades de acciones fantasma bajo el plan de compensación diferida de la compañía, a un precio nocional de $12,53 por unidad. Las unidades fantasma son equivalentes en efectivo a acciones ordinarias y se pagan en los eventos seleccionados por la persona informante de acuerdo con el plan. La presentación indica que la persona informante ahora posee beneficiariamente 28.106,188 acciones equivalentes-fantasma, incluidas las unidades adquiridas mediante el reinversión de dividendos, mantenidas de forma indirecta a través del plan de compensación diferida.

서식 4: 이연 보상을 통한 내부자 취득 보고서에 따르면 Verizon Communications의 EVP 겸 최고인사책임자(Chief HR Officer)인 Samantha Hammock이 회사의 이연 보상 계획에 따라 단가 $12.5378.246 단위의 팬텀 스톡을 취득한 것으로 나타났습니다. 팬텀 단위는 보통주에 대한 현금 정산형 등가물이며, 계획에 따라 보고인이 선택한 사유 발생 시 지급됩니다. 제출 문서에는 보고인이 현재 배당 재투자를 통해 취득한 단위를 포함하여 28,106.188 팬텀 등가 주식을 이연 보상 계획을 통해 간접적으로 실질 보유하고 있다고 명시되어 있습니다.

Formulaire 4 : Acquisition par un initié via une rémunération différée Le rapport indique que Samantha Hammock, EVP et Chief HR Officer de Verizon Communications, a acquis 78,246 unités d’actions fantômes dans le cadre du régime de rémunération différée de la société, à un prix notionnel de 12,53 $ par unité. Les unités fantômes sont des équivalents en espèces des actions ordinaires et sont versées lors des événements sélectionnés par la personne déclarante conformément au régime. Le dépôt précise que la personne déclarante détient désormais à titre bénéficiaire 28 106,188 actions équivalentes-phantômes, y compris les unités acquises par réinvestissement des dividendes, détenues indirectement via le régime de rémunération différée.

Formular 4: Insider-Erwerb über aufgeschobene Vergütung Der Bericht zeigt, dass Samantha Hammock, EVP & Chief HR Officer von Verizon Communications, 78,246 Einheiten Phantomaktien im Rahmen des aufgeschobenen Vergütungsplans des Unternehmens zu einem fiktiven Preis von $12,53 pro Einheit erworben hat. Die Phantomanteile sind in bar abgerechnete Äquivalente von Stammaktien und werden bei den vom Meldenden gewählten Ereignissen gemäß dem Plan ausgezahlt. Die Einreichung gibt an, dass die meldende Person nun wirtschaftlich 28.106,188 phantom-äquivalente Aktien besitzt, einschließlich der durch Dividendenreinvestition erworbenen Einheiten, die indirekt über den aufgeschobenen Vergütungsplan gehalten werden.

Positive
  • Executive participation in deferred compensation plan demonstrates alignment with company pay structures
  • Phantom units include dividend reinvestment, indicating reinvestment and continued accumulation
Negative
  • None.

Insights

TL;DR: Insider acquired deferred-compensation phantom units, a routine retention/compensation action with limited immediate market impact.

The acquisition of 78.246 phantom stock units by the EVP & Chief HR Officer is consistent with executive compensation and deferred-pay practices. Because the units are cash-settled and held indirectly under a deferred compensation plan, this transaction appears aimed at deferring income and aligning long-term pay with company performance without issuing new shares. The size relative to total outstanding shares is not stated, so investor-level materiality appears limited.

TL;DR: This is a compensatory transaction under a deferred plan, indicating routine payroll/benefit activity rather than open-market buying or selling.

Phantom stock units settle in cash and often mirror equity economics while avoiding share dilution. The notation that dividend reinvestment contributed to the holding suggests ongoing plan participation. Without details on grant schedules, vesting, or payout triggers, the development signals executive retention but carries no direct equity dilution or immediate change to share count.

Modulo 4: Acquisto da parte di un insider tramite compensazione differita La segnalazione indica che Samantha Hammock, EVP e Chief HR Officer di Verizon Communications, ha acquisito 78.246 unità di azioni fantasma ai sensi del piano di compensazione differita dell’azienda, a un prezzo nozionale di $12,53 per unità. Le unità fantasma sono equivalenti in contanti alle azioni ordinarie e vengono corrisposte in occasione degli eventi scelti dalla persona che effettua la segnalazione, conformemente al piano. Il deposito dichiara che la persona che effettua la segnalazione ora detiene beneficiariamente 28.106,188 azioni equivalenti-fantasma, incluse le unità acquisite mediante reinvestimento dei dividendi, detenute indirettamente tramite il piano di compensazione differita.

Formulario 4: Adquisición por insider mediante compensación diferida El informe muestra que Samantha Hammock, EVP y Chief HR Officer de Verizon Communications, adquirió 78.246 unidades de acciones fantasma bajo el plan de compensación diferida de la compañía, a un precio nocional de $12,53 por unidad. Las unidades fantasma son equivalentes en efectivo a acciones ordinarias y se pagan en los eventos seleccionados por la persona informante de acuerdo con el plan. La presentación indica que la persona informante ahora posee beneficiariamente 28.106,188 acciones equivalentes-fantasma, incluidas las unidades adquiridas mediante el reinversión de dividendos, mantenidas de forma indirecta a través del plan de compensación diferida.

서식 4: 이연 보상을 통한 내부자 취득 보고서에 따르면 Verizon Communications의 EVP 겸 최고인사책임자(Chief HR Officer)인 Samantha Hammock이 회사의 이연 보상 계획에 따라 단가 $12.5378.246 단위의 팬텀 스톡을 취득한 것으로 나타났습니다. 팬텀 단위는 보통주에 대한 현금 정산형 등가물이며, 계획에 따라 보고인이 선택한 사유 발생 시 지급됩니다. 제출 문서에는 보고인이 현재 배당 재투자를 통해 취득한 단위를 포함하여 28,106.188 팬텀 등가 주식을 이연 보상 계획을 통해 간접적으로 실질 보유하고 있다고 명시되어 있습니다.

Formulaire 4 : Acquisition par un initié via une rémunération différée Le rapport indique que Samantha Hammock, EVP et Chief HR Officer de Verizon Communications, a acquis 78,246 unités d’actions fantômes dans le cadre du régime de rémunération différée de la société, à un prix notionnel de 12,53 $ par unité. Les unités fantômes sont des équivalents en espèces des actions ordinaires et sont versées lors des événements sélectionnés par la personne déclarante conformément au régime. Le dépôt précise que la personne déclarante détient désormais à titre bénéficiaire 28 106,188 actions équivalentes-phantômes, y compris les unités acquises par réinvestissement des dividendes, détenues indirectement via le régime de rémunération différée.

Formular 4: Insider-Erwerb über aufgeschobene Vergütung Der Bericht zeigt, dass Samantha Hammock, EVP & Chief HR Officer von Verizon Communications, 78,246 Einheiten Phantomaktien im Rahmen des aufgeschobenen Vergütungsplans des Unternehmens zu einem fiktiven Preis von $12,53 pro Einheit erworben hat. Die Phantomanteile sind in bar abgerechnete Äquivalente von Stammaktien und werden bei den vom Meldenden gewählten Ereignissen gemäß dem Plan ausgezahlt. Die Einreichung gibt an, dass die meldende Person nun wirtschaftlich 28.106,188 phantom-äquivalente Aktien besitzt, einschließlich der durch Dividendenreinvestition erworbenen Einheiten, die indirekt über den aufgeschobenen Vergütungsplan gehalten werden.

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)
08/28/2025
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) 08/28/2025 A 78.246 (1) (1) Common Stock 22 $12.53 28,106.188(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 08/29/2025
** 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.
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Telecom Services
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United States
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