Comcast (CCZ) CLO Thomas Reid details RSU vesting and phantom stock

Rhea-AI Filing Summary

Comcast Corporation’s Chief Legal Officer and Secretary, Thomas J. Reid, reported equity compensation activity and related share withholding on 01/20/2026. He exercised 12,319 restricted stock units at an exercise price of $0.0000, receiving the same number of Class A common shares and bringing his direct Class A holdings to 135,008.38 shares before tax withholding. To cover tax obligations on this vesting, 4,676 Class A shares were withheld at $28.05 per share, leaving 130,332.38 Class A shares held directly afterward. Separately, he had 2,232.755 phantom stock units settled in cash at $28.16 per unit under Comcast’s deferred compensation plans, with 6,252.483 phantom stock units remaining, and 32,852 restricted stock units outstanding following these transactions.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Reid Thomas J.

(Last) (First) (Middle)

ONE COMCAST CENTER

(Street)

PHILADELPHIA PA 19103

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
COMCAST CORP [ CMCSA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer, Secretary

3. Date of Earliest Transaction (Month/Day/Year)
01/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	01/20/2026		M		12,319	A	$0.0000	135,008.38	D
Class A Common Stock	01/20/2026		F		4,676	D	$28.05	130,332.38	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock	(1)	01/20/2026		I			2,232.755(2)	(1)	(1)	Class A Common Stock	2,232.755	$28.16	6,252.483(3)	D
Restricted Stock Units	$0.0000(4)	01/20/2026		M			12,319	(5)	(5)	Class A Common Stock	12,319	$0.0000	32,852(3)	D

Explanation of Responses:

1. Each share of phantom stock represents the economic equivalent to one share of Class A common stock. Phantom shares have been deferred under our deferred compensation plans, may be transferred into alternative investments under the terms of our deferred compensation plans and settle in cash.

2. Reflects the cash settlement of shares of phantom stock on the scheduled distribution date under, and in accordance with the terms of, our deferred compensation plans.

3. Total reflects adjustment of outstanding awards as a result of the spin-off of Versant Media Group, Inc.

4. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.

5. These restricted stock units were vested on the transaction date.

	Elizabeth Wideman, Attorney-in-fact	01/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider activity did Comcast (CCZ) report for Thomas J. Reid?

Comcast reported that Thomas J. Reid, its Chief Legal Officer and Secretary, had restricted stock units vest, received Class A common shares, had shares withheld to cover taxes, and settled some phantom stock units in cash on 01/20/2026.

How many Comcast Class A shares did Thomas J. Reid acquire and retain on 01/20/2026?

He acquired 12,319 Class A common shares upon vesting of restricted stock units, and after 4,676 shares were withheld at $28.05 per share for taxes, he held 130,332.38 Class A shares directly.

What happened to Thomas J. Reid’s Comcast phantom stock units in this Form 4?

He had 2,232.755 phantom stock units settled in cash at $28.16 per unit under Comcast’s deferred compensation plans, and held 6,252.483 phantom stock units after the reported transaction.

How many Comcast restricted stock units does Thomas J. Reid hold after these transactions?

Following the 01/20/2026 vesting and exercise of 12,319 restricted stock units, the filing shows that he holds 32,852 restricted stock units.

Why were some of Thomas J. Reid’s Comcast shares reported with transaction code "F"?

The "F" code indicates 4,676 Class A shares were withheld at $28.05 per share to satisfy tax obligations related to the restricted stock unit vesting on 01/20/2026.

What do the Comcast phantom stock units represent for Thomas J. Reid?

Each phantom stock unit represents the economic equivalent of one Class A share, deferred under Comcast’s deferred compensation plans and settling in cash rather than stock.