Comcast CFO exercises options and sells shares
COMCAST CORP CFO Jason Armstrong reported multiple share transactions involving company stock.
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Rhea-AI Filing Summary
COMCAST CORP CFO Jason Armstrong reported multiple share transactions involving company stock. He exercised an option to purchase 73,497 shares at $28.38 per share, converting a derivative award into the same number of shares of Class A Common Stock.
On the same date, he sold 4,494 shares of Class A Common Stock in an open-market transaction at $31.735 per share and disposed of 69,003 shares to cover tax withholding obligations related to the exercise. After these transactions, his direct holdings in Class A Common Stock were 98,902.583 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option to Purchase | 73,497 | $28.38 | $2.09M |
| Exercise | Class A Common Stock | 73,497 | $28.38 | $2.09M |
| Sale | Class A Common Stock | 4,494 | $31.735 | $143K |
| Exercise Price or Tax Liability | Class A Common Stock | 69,003 | $31.752 | $2.19M |
Footnotes (1)
- F1. With respect to the number of shares set forth in Column 7, this option is immediately exercisable.
FAQ
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What insider transactions did COMCAST CORP CFO Jason Armstrong report on this Form 4?
What does the tax-withholding disposition in Jason Armstrong’s Comcast Form 4 mean?
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