Comcast (NASDAQ: CMCSA) EVP nets shares after 5,268 RSUs vest and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COMCAST CORP executive Daniel C. Murdock exercised restricted stock units that vested into Class A Common Stock and had shares withheld for taxes. On the transaction date, 5,268 restricted stock units converted into 5,268 shares of Class A Common Stock. Of these, 2,073 shares were withheld at $27.93 per share to cover tax obligations, which is not an open-market sale. After these transactions, Murdock directly holds 62,362.0497 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,268 shares exercised/converted
Mixed
3 txns
Insider
Murdock Daniel C.
Role
EVP & Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,268 | $0.00 | -- |
| Exercise | Class A Common Stock | 5,268 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 2,073 | $27.93 | $58K |
Holdings After Transaction:
Restricted Stock Units — 48,290 shares (Direct);
Class A Common Stock — 64,435.05 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contigent right to receive one share of Class A Common Stock. These restricted stock units vest on the transaction date.
Key Figures
RSUs exercised: 5,268 units
Shares withheld for taxes: 2,073 shares
Post-transaction Class A holdings: 62,362.0497 shares
+2 more
5 metrics
RSUs exercised
5,268 units
Restricted Stock Units converted to Class A Common Stock on transaction date
Shares withheld for taxes
2,073 shares
Class A Common Stock disposed of as tax-withholding at $27.93 per share
Post-transaction Class A holdings
62,362.0497 shares
Direct ownership of Class A Common Stock after all reported transactions
Tax-withholding price
$27.93 per share
Price for 2,073 Class A shares used to satisfy tax liability
Derivative exercise count
1 transaction, 5,268 shares
Exercise or conversion of derivative security (RSUs) on transaction date
Key Terms
Restricted Stock Units, Exercise or conversion of derivative security, tax-withholding disposition, Class A Common Stock
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contigent right to receive one share of Class A Common Stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Class A Common Stock financial
"underlying_security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What did Comcast (CMCSA) EVP Daniel C. Murdock report in this Form 4?
Daniel C. Murdock reported the vesting and exercise of 5,268 restricted stock units into Class A Common Stock. Following the conversion and related tax withholding, he now directly holds 62,362.0497 shares of Comcast Class A Common Stock.