Form 4: Verizon Executive Samantha Hammock Reports Acquisition of Phantom Stock

EVP & Chief HR Officer of Verizon, Samantha Hammock, reports acquiring phantom stock units equivalent to 76.476 shares of common stock through a deferred compensation plan.

Summary

• Samantha Hammock, EVP & Chief HR Officer at Verizon Communications Inc., filed a Form 4 on March 28, 2025, reporting a transaction involving phantom stock.
• On March 27, 2025, Hammock acquired 76.476 units of phantom stock through a deferred compensation plan.
• Each phantom stock unit is economically equivalent to a portion of one share of Verizon's common stock and will be settled in cash upon events established by the reporting person in accordance with the deferred compensation plan.
• The price of the phantom stock was $12.82 per unit.
• Following the reported transaction, Hammock beneficially owns 26,386.385 derivative securities, including phantom stock acquired through dividend reinvestment.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to executive compensation, and does not indicate any particularly positive or negative sentiment.

Future Outlook

The phantom stock becomes payable upon events established by the reporting person in accordance with the deferred compensation plan.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the holdings of company insiders. Phantom stock is a common form of deferred compensation.

Key Dates

Keywords

Form 4, Verizon, Samantha Hammock, Phantom Stock, Deferred Compensation, Executive Compensation, VZ