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Comcast (CCZ) legal chief converts RSUs, withholds shares for tax on vesting

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Comcast Corp’s Chief Legal Officer and Secretary, Thomas J. Reid, reported equity compensation-related transactions involving Class A Common Stock. He exercised 93,142 restricted stock units, which each convert into one share of Class A Common Stock at a price of $0.00 per share, reflecting vesting of these awards on the transaction date.

To cover tax obligations on this vesting, 48,665 Class A shares were disposed of through a tax-withholding transaction at $30.96 per share, rather than an open-market sale. Following these transactions, Reid directly held 174,809.38 shares of Comcast Class A Common Stock.

Positive

  • None.

Negative

  • None.
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*
Reid Thomas J.

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Legal Officer, Secretary
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
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 03/01/2026 M 93,142 A $0(1) 223,474.38 D
Class A Common Stock 03/01/2026 F 48,665 D $30.96 174,809.38 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
Restricted Stock Units (2) 03/01/2026 M 93,142 (3) (3) Class A Common Stock 93,142 $0.0000 0.0000 D
Explanation of Responses:
1. The price is $0.00.
2. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
3. These restricted stock units vest on the transaction date.
Elizabeth Wideman, Attorney-in-fact 03/03/2026
** 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).
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 insider transaction did Comcast (CCZ) report for Thomas J. Reid?

Comcast reported that Chief Legal Officer Thomas J. Reid exercised 93,142 restricted stock units into Class A Common Stock. These units vested on the transaction date and converted at a price of $0.00 per share, reflecting the delivery of previously granted equity compensation.

How many Comcast (CCZ) shares were used for tax withholding in this Form 4?

The filing shows that 48,665 shares of Comcast Class A Common Stock were disposed of at $30.96 per share. This disposition was explicitly designated as a tax-withholding transaction to satisfy tax liabilities associated with the vesting and conversion of restricted stock units.

Did Thomas J. Reid buy or sell Comcast (CCZ) shares on the open market?

The transactions were not open-market buys or sells. Reid exercised 93,142 restricted stock units into Class A shares and then had 48,665 shares withheld to pay taxes, categorized as a tax-withholding disposition rather than a discretionary market sale or purchase.

How many Comcast (CCZ) shares does Thomas J. Reid own after these transactions?

After the reported equity compensation and tax-withholding transactions, Thomas J. Reid directly owns 174,809.38 shares of Comcast Class A Common Stock. This figure reflects his remaining direct holdings following the vesting, conversion of restricted stock units, and related share withholding for taxes.

What does the M transaction code mean in the Comcast (CCZ) Form 4?

The M code in this Form 4 indicates an exercise or conversion of a derivative security. Here, it reflects the conversion of 93,142 restricted stock units into Comcast Class A Common Stock as those units vested and were delivered to the reporting person on the transaction date.

What does the F transaction code represent in the Comcast (CCZ) insider filing?

The F code represents payment of an exercise price or tax liability by delivering securities. In this case, 48,665 Comcast Class A shares were used to satisfy tax obligations related to the vesting and conversion of restricted stock units, rather than sold through a regular market transaction.
Comcast Corp

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