Form 4: Verizon Executive Reports Stock Transactions

Verizon EVP & Chief HR Officer Samantha Hammock reported transactions involving phantom stock units.

Summary

• Samantha Hammock, EVP & Chief HR Officer of Verizon Communications Inc., reported a transaction on May 21, 2026.
• The transaction involved the acquisition of phantom stock units.
• Each phantom stock unit is economically equivalent to a portion of one share of common stock and is settled in cash.
• A total of 71.766 phantom stock units were acquired.
• These units are part of a deferred compensation plan.
• The acquisition price for the phantom stock was $13.77 per unit.
• Following this transaction, Hammock beneficially owns 36,062.891 phantom stock units indirectly through a deferred compensation plan.
• Additional phantom stock was acquired through dividend reinvestment.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine executive compensation transaction rather than a significant strategic event or financial performance indicator.

Positives

• Acquisition of phantom stock units by a key executive, potentially indicating confidence in the company's future performance.
• Dividend reinvestment suggests continued accumulation of equity-equivalent value.

Future Outlook

The filing does not contain forward-looking statements or guidance. The transaction details relate to executive compensation and ownership.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The acquisition of phantom stock by an executive is a common component of executive compensation packages in the telecommunications industry, often tied to long-term performance and retention.

Stakeholder Impact

• Shareholders: The transaction itself does not directly impact share price but provides insight into executive compensation practices.
• Employees: May reflect the company's approach to incentivizing senior leadership.
• Management: Indicates continued participation in equity-linked compensation plans.

Key Dates

Keywords

Verizon Communications, VZ, Form 4, Insider Trading, Executive Compensation, Phantom Stock, Deferred Compensation, Stock Transaction, SEC Filing