Form 4: Verizon Exec Boosts Phantom Stock Holdings

Verizon's EVP & Chief HR Officer, Samantha Hammock, acquired 85.011 phantom stock units, increasing her indirect beneficial ownership to 29,351.981 units.

Summary

• Samantha Hammock, Executive Vice President and Chief HR Officer at Verizon Communications Inc. (VZ), acquired 85.011 phantom stock units.
• The transaction date for this acquisition was December 31, 2025.
• Each phantom stock unit is the economic equivalent of a portion of one share of common stock and is settled in cash.
• The acquisition was made at a price of $11.63 per phantom stock unit.
• Following this transaction, Ms. Hammock's total indirect beneficial ownership in phantom stock, held through a deferred compensation plan, amounts to 29,351.981 units.
• This total includes phantom stock units previously acquired through dividend reinvestment.

Sentiment

Score: 7

Explanation: The acquisition of phantom stock by a senior executive indicates a positive outlook on the company's performance, suggesting management confidence.

Positives

• EVP & Chief HR Officer Samantha Hammock increased her beneficial ownership of phantom stock, which can be interpreted as a signal of management's confidence in the company's future performance.

Future Outlook

NA

Stakeholder Impact

• Shareholders may view the insider acquisition as a positive signal of management confidence in the company's future, potentially influencing investor sentiment.

Key Dates

Recommendation

While the acquisition of phantom stock by a senior executive is a positive signal of confidence, this Form 4 filing alone does not provide sufficient information for a strong buy or sell recommendation. It suggests management alignment with shareholder interests, supporting a 'hold' position for existing investors.

Keywords

Verizon, VZ, insider transaction, Form 4, phantom stock, executive compensation, beneficial ownership