Comcast (CMCSA) director Madeline Bell converts 5,096 phantom units

Rhea-AI Filing Summary

Comcast Corporation director Madeline S. Bell reported the settlement of 5,096 units of phantom stock into 5,096 shares of Class A common stock on 01/20/2026. The conversion occurred at a price of $0.00 per share and was pursuant to a previously deferred award that converts on a one-to-one basis. The filing notes that cash was paid for fractional shares.

Following this transaction, Bell beneficially owned 56,859.732 shares of Comcast Class A common stock directly and 400 shares indirectly through her spouse, as well as 17,084 phantom stock units. The totals reflect an adjustment of outstanding awards related to the spin-off of Versant Media Group, Inc.

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^*

Bell Madeline S.

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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		5,096(1)	A	$0(2)	56,859.732(3)	D
Class A Common Stock								400	I	By Spouse

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	(4)	01/20/2026		M			5,096	(5)	(5)	Class A Common Stock	5,096	$0.0000	17,084(3)	D

Explanation of Responses:

1. Shares acquired on settlement of phantom stock. The reporting person received cash for the fractional shares.

2. The price is $0.00.

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

4. These securities convert on a one-to-one basis.

5. These securities were automatically converted to shares of Class A common stock on the transaction date pursuant to a previously deferred award.

	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.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Comcast (CMCSA) director Madeline S. Bell report?

Madeline S. Bell reported the settlement of 5,096 units of phantom stock into 5,096 shares of Comcast Class A common stock on 01/20/2026, at a stated price of $0.00 per share.

How many Comcast Class A shares does Madeline S. Bell own after this Form 4?

After the reported transaction, Madeline S. Bell beneficially owned 56,859.732 shares of Comcast Class A common stock directly and 400 shares indirectly, held by her spouse.

What happened to Madeline S. Bell’s phantom stock units in this Comcast Form 4?

5,096 phantom stock units were automatically converted into 5,096 Class A common shares on 01/20/2026 under a previously deferred award, with the securities converting on a one-to-one basis.

How many phantom stock units does Madeline S. Bell hold after the transaction?

Following the settlement, Madeline S. Bell held 17,084 phantom stock units, with the total reflecting an adjustment of outstanding awards due to the spin-off of Versant Media Group, Inc.

Was cash involved in Comcast director Madeline S. Bell’s phantom stock settlement?

The filing states that the shares were acquired on settlement of phantom stock and that Bell received cash for the fractional shares; the conversion price is listed as $0.00.

What is Madeline S. Bell’s relationship to Comcast as shown in the Form 4?

The Form 4 identifies Madeline S. Bell as a director of Comcast Corporation, with the form filed as a single reporting person.