Comcast (NYSE: CCZ) Co-CEO exercises 984,320 options, delivers shares for tax

Rhea-AI Filing Summary

Brian L. Roberts, Chairman of the Board and Co-CEO of Comcast, reported option exercises and related share transactions in Class A Common Stock. On February 11, 2026, he exercised an option for 984,320 shares at $28.38 per share, increasing his direct holdings to 6,801,045.526 shares.

On the same date, 907,653 shares were disposed of in a transaction coded "F" at $32.695 per share, reflecting shares delivered to cover the exercise price or tax obligations, leaving 5,893,392.526 shares held directly. The filing also lists 286,044 shares held indirectly by his spouse and 15,772,421 shares held indirectly by trusts.

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^*

ROBERTS BRIAN L

(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
X	Officer (give title below)		Other (specify below)
	Chairman of Board & Co-CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026

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	02/11/2026		M		984,320	A	$28.38	6,801,045.526	D
Class A Common Stock	02/11/2026		F		907,653	D	$32.695	5,893,392.526	D
Class A Common Stock								286,044	I	By Spouse
Class A Common Stock								15,772,421	I	By Trusts

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
Option to Purchase	$28.38	02/11/2026		M			984,320	(1)	03/17/2026	Class A Common Stock	984,320	$28.38	0.0000	D

Explanation of Responses:

1. With respect to the number of shares set forth in Column 7, this option is immediately exercisable.

	Elizabeth Wideman, Attorney-in-fact	02/13/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transaction did Brian L. Roberts report for CCZ?

Brian L. Roberts reported exercising options for 984,320 Comcast Class A shares at $28.38 each. This derivative conversion increased his direct holdings before a subsequent tax-related share disposition reduced the reported directly held balance.

How many Comcast shares does Brian L. Roberts hold directly after this Form 4?

After the reported transactions, Brian L. Roberts directly holds 5,893,392.526 Comcast Class A shares. This reflects an option exercise followed by a Form F tax-withholding disposition to cover exercise price or tax obligations tied to the transaction.

What does the transaction code M mean in the CCZ Form 4 filing?

Transaction code M indicates the exercise or conversion of a derivative security, such as a stock option. In this filing, it reflects Roberts exercising options to acquire 984,320 Comcast Class A shares at an exercise price of $28.38 per share.

What does the transaction code F represent in this Comcast insider report?

Transaction code F represents delivery of shares to pay the exercise price or tax liability. Here, 907,653 Comcast Class A shares were disposed of at $32.695 per share to satisfy obligations arising from the same-day option exercise.

What indirect Comcast share holdings are reported for Brian L. Roberts?

The filing reports 286,044 Comcast Class A shares held indirectly through his spouse and 15,772,421 shares held indirectly through trusts. These indirect positions are separate from his directly owned 5,893,392.526 Class A shares after the reported transactions.

Were Brian L. Roberts’ options immediately exercisable in this Form 4?

Yes. A footnote explains that the option referenced in Column 7 was immediately exercisable. This means the 984,320-share option could be converted into Comcast Class A stock without any further vesting conditions on the reported transaction date.