Form 4: Verizon Executive Samantha Hammock Acquires Phantom Stock Through Deferred Compensation Plan

Verizon Communications Inc.'s EVP & Chief HR Officer, Samantha Hammock, acquired 79.699 units of phantom stock, valued at $12.31 per unit, through a deferred compensation plan on May 22, 2025.

Summary

• Samantha Hammock, EVP & Chief HR Officer of Verizon Communications Inc. (VZ), acquired 79.699 units of phantom stock on May 22, 2025.
• Each phantom stock unit was valued at $12.31 at the time of acquisition.
• These phantom stock units are the economic equivalent of a portion of one share of common stock and are settled in cash.
• The acquisition was made indirectly through a deferred compensation plan.
• Following this transaction, Ms. Hammock beneficially owns 27,115.286 units of phantom stock, which includes units acquired through dividend reinvestment.
• The 79.699 phantom stock units acquired are equivalent to 23 shares of Verizon common stock.

Sentiment

Score: 5

Explanation: Neutral. This is a routine disclosure of an executive's compensation-related stock acquisition, which is neither inherently positive nor negative for the company's immediate prospects.

Future Outlook

N/A

Industry Context

This is a routine insider transaction for an executive at a major telecommunications company. Such transactions are common as part of executive compensation packages and deferred compensation plans across various industries. It does not reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Minimal. This transaction is a routine part of executive compensation and has no direct material impact on shareholders, employees, customers, suppliers, or creditors. It represents a minor increase in an executive's indirect ownership.

Key Dates

Keywords

Verizon Communications Inc., VZ, Samantha Hammock, SEC Form 4, Phantom Stock, Deferred Compensation Plan, Executive Compensation, Insider Transaction, Stock Ownership