Form 4: Verizon EVP Acquires Phantom Stock Units

Verizon's EVP & Chief HR Officer, Samantha Hammock, acquired 86.267 phantom stock units through a deferred compensation plan.

Summary

• Samantha Hammock, Executive Vice President and Chief HR Officer of Verizon Communications Inc. (VZ), acquired 86.267 units of phantom stock.
• The transaction occurred on November 6, 2025.
• Each phantom stock unit is the economic equivalent of a portion of one share of common stock and is settled in cash.
• The phantom stock becomes payable upon events established by the reporting person in accordance with the deferred compensation plan.
• Following this transaction, Ms. Hammock beneficially owns a total of 29,014.387 derivative securities (phantom stock units).
• The total beneficial ownership includes phantom stock units acquired through dividend reinvestment.

Sentiment

Score: 5

Explanation: Neutral. This is a routine disclosure of an executive's compensation-related transaction, not indicative of positive or negative company performance or a change in outlook.

Positives

• The acquisition of phantom stock by a key executive, Samantha Hammock, demonstrates continued alignment of management's long-term interests with those of shareholders.
• Inclusion of units from dividend reinvestment indicates ongoing participation and commitment to the company's compensation and investment plans.

Negatives

• No negative implications for the company's performance or outlook are indicated by this routine executive compensation disclosure.

Risks

• No specific risks to the company are disclosed in this Form 4 filing.

Future Outlook

na

Industry Context

na

Related Party Transactions

• The acquisition of phantom stock units is part of a deferred compensation plan for the EVP & Chief HR Officer, which is a standard executive compensation arrangement.

Stakeholder Impact

• Shareholders: The transaction reflects an executive's ongoing participation in the company's equity-linked compensation, aligning executive interests with shareholder value.
• Management: The transaction is a standard component of executive compensation, reinforcing long-term incentives.

Key Dates

Recommendation

This Form 4 filing details a routine acquisition of phantom stock by an executive through a deferred compensation plan, including dividend reinvestment. Such transactions are standard components of executive compensation and do not provide new information that would alter the fundamental investment outlook for Verizon Communications Inc. Therefore, a 'hold' recommendation is appropriate as this filing does not present a catalyst for a change in investment strategy.

Keywords

Verizon, VZ, Samantha Hammock, Phantom Stock, Deferred Compensation, Insider Transaction, SEC Form 4, Executive Compensation, Dividend Reinvestment