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Verizon (VZ) HR chief adds 5,071.93 phantom stock units via plan
Verizon Communications’ EVP and Chief HR Officer, Samantha Hammock, acquired 5,071.93 cash-settled phantom stock units through a deferred compensation plan at an assigned price of $13.95 per unit. This transaction increased her indirect holdings in the plan to 35,119.88 units. These phantom units represent the economic equivalent of a portion of Verizon common shares and will be paid out in cash upon events established by Ms. Hammock under the company’s deferred compensation plan, including amounts from dividend reinvestment.