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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| I | Phantom Stock | 2,232.755 | $28.16 | $63K |
| Exercise | Restricted Stock Units | 12,319 | $0.00 | -- |
| Exercise | Class A Common Stock | 12,319 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 4,676 | $28.05 | $131K |
Footnotes (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. 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. Total reflects adjustment of outstanding awards as a result of the spin-off of Versant Media Group, Inc. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. These restricted stock units were vested on the transaction date.
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.
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.
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.