CMCSA Form 4: Breen Reports 43,850-Share Transfer to Grantor Trust

Rhea-AI Filing Summary

Edward D. Breen, a director of Comcast Corporation (CMCSA), reported a Section 16 filing showing a transfer of Class A Common Stock on 08/20/2025. The Form 4 discloses a transaction coded "G" for 43,850 shares of Class A Common Stock at a price of $0.0000, with the reporting person holding 15,432.279 shares following the transaction. The filing explanation states the shares were transferred to a GRAT (grantor retained annuity trust) of which the reporting person is not a trustee. The form was signed by an attorney-in-fact on 08/21/2025.

Positive

• Timely compliance with Section 16 disclosure requirements reflected by a completed Form 4 filing
• Clear explanation that the transfer was to a GRAT and that the reporting person is not the trustee

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine insider disclosure of a trust transfer by a director; compliance documentation completed promptly.

The Form 4 shows a director-level insider, Edward D. Breen, reporting a transfer of 43,850 Class A shares to a GRAT and a remaining beneficial ownership of 15,432.279 shares. The filing includes a clear explanatory note that the reporting person is not the trustee of the GRAT and is signed by an attorney-in-fact the next day. For governance reviewers, this appears to be a standard estate-planning transfer with timely disclosure under Section 16.

Securities/Compliance Analyst

TL;DR: Disclosure complies with Form 4 requirements; transaction coded and explained, no exercise or cash sale reported.

The submission records a code "G" transaction for 43,850 shares at $0.0000 and reports post-transaction beneficial ownership. The inclusion of the explanatory footnote specifying a transfer to a GRAT provides required context. The signature by an attorney-in-fact is dated 08/21/2025, indicating the filing was completed promptly. There are no derivative transactions or prices other than $0.0000 reported.

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

BREEN EDWARD D

(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)
08/20/2025

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	08/20/2025		G		43,850(1)	D	$0.0000	15,432.279	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

Explanation of Responses:

1. This transaction involved the transfer of shares of Class A Common Stock to a GRAT, of which the reporting person is not a trustee.

	Elizabeth Wideman, Attorney-in-fact	08/21/2025
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Comcast director Edward D. Breen report on Form 4 (CMCSA)?

The Form 4 reports a transfer of 43,850 Class A Common Stock on 08/20/2025, with 15,432.279 shares beneficially owned following the transaction.

What was the nature of the transaction reported by Edward D. Breen?

The explanation states the shares were transferred to a GRAT (grantor retained annuity trust) and the reporting person is not a trustee of that trust.

What transaction code and price were reported on the Form 4 for CMCSA?

The transaction is reported with code G and a price of $0.0000.

When was the Form 4 signed and by whom?

The Form 4 is signed by Elizabeth Wideman, attorney-in-fact on 08/21/2025.

How many shares did Edward D. Breen beneficially own after the reported transaction?

The Form 4 lists 15,432.279 shares of Class A Common Stock as beneficially owned following the transfer.