CHCI COO reports RSU vesting and share withholding
Comstock Holding Companies, Inc. Chief Operating Officer Timothy Steffan reported multiple stock transactions involving Class A common stock and restricted stock units (RSUs).
Rhea-AI Filing Summary
Comstock Holding Companies, Inc. Chief Operating Officer Timothy Steffan reported multiple stock transactions involving Class A common stock and restricted stock units (RSUs). On January 10 and 11, 2026, RSUs vested and converted into shares of Class A common stock at an exercise price of $0.00, and a portion of the newly issued shares was withheld at $12.11 per share to cover tax obligations, as indicated by transaction code F.
Following these transactions, Steffan directly owned 99,837 shares of Class A common stock. The footnotes explain that each RSU represents the right to receive one share of CHCI Class A common stock and that the RSUs vest over multi‑year schedules, including a seven‑year time-based schedule with specific annual vesting percentages and a separate four‑year schedule with equal annual installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSUs) | 1,254 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (RSUs) | 1,397 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (RSUs) | 2,232 | $0.00 | $0.00 |
| Exercise | Class A Common Stock, $0.01 par value | 1,254 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock, $0.01 par value | 557 | $12.11 | $7K |
| Exercise | Class A Common Stock, $0.01 par value | 1,397 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock, $0.01 par value | 677 | $12.11 | $8K |
| Exercise | Class A Common Stock, $0.01 par value | 2,232 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock, $0.01 par value | 1,081 | $12.11 | $13K |
| Exercise | Restricted Stock Units (RSUs) | 11,161 | $0.00 | $0.00 |
| Exercise | Class A Common Stock, $0.01 par value | 11,161 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock, $0.01 par value | 5,402 | $12.11 | $65K |
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of CHCI Class A common stock
- F2. Time-based restricted stock units vest and convert into common stock over a seven-year period according to the following schedule: 6.25% on January 10, 2021, 12.5% on January 10, 2022, 18.75% on January 10, 2023, 25% on January 10, 2024, 18.75% on January 10, 2025, 12.5% on January 10, 2026, and 6.25% on January 10, 2027
- F3. Time-based restricted stock units that vest and convert into common stock evenly over a four-year period in annual installments that occur on each subsequent anniversary of the grant date
FAQ
What insider activity did CHCI’s COO report on this Form 4?
What prices were involved in the CHCI Form 4 transactions?
What do the RSUs reported by CHCI’s COO represent?
How do the CHCI RSUs reported by the COO vest over time?
Were the CHCI insider transactions direct or indirect holdings?
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