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CMTL Form 4/A: RSU Vesting Corrected—620 Shares Withheld for Taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Daniel Gizinski, President of the S&S Communications Segment at Comtech Telecommunications Corp (CMTL), reported the vesting and settlement of restricted stock units. On 08/12/2025, 1,374 restricted stock units vested and converted into 1,374 shares of common stock on a one-for-one basis. Of those shares, 620 were withheld to cover the Reporting Person's federal, state and FICA tax obligations. The filing amends a prior Form 4 to correct the amount of shares withheld; no other changes were reported. Following the reported transactions, the tables show the Reporting Person's beneficial ownership as 25,145 shares of common stock and 36,104 shares underlying restricted stock units/derivative holdings.

Positive

  • Restricted stock units vested and converted into common shares on a one-for-one basis, reflecting normal compensation settlement.
  • 620 shares were withheld to cover tax obligations, indicating taxes were dealt with via share withholding rather than an open-market sale.
  • An amendment was filed correcting the withheld-share amount, demonstrating corrective disclosure and compliance with reporting requirements.

Negative

  • None.

Insights

TL;DR: Routine insider equity compensation settlement and a corrective amendment; immaterial governance change.

The filing documents a standard vesting and tax-withholding event for an executive's restricted stock units, and an amended Form 4 solely to correct the number of shares withheld for taxes. This indicates the company and reporting person are maintaining disclosure compliance by correcting the prior report. There are no indications of additional grants, dispositions for cash, or changes in control or ownership percentage disclosed here.

TL;DR: Compensation-related issuance with tax withholding; transaction appears administrative rather than materially value-changing.

The report shows 1,374 RSUs vested and converted one-for-one into common shares, with 620 shares withheld for taxes. The amendment corrects the previously reported withheld amount. The tables list post-transaction beneficial ownership figures (25,145 common shares; 36,104 underlying derivative/RSU-related shares), which help quantify the executive's current stake but do not by themselves signal a material corporate event.

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).
1. Name and Address of Reporting Person*
Gizinski Daniel

(Last) (First) (Middle)
305 N 54TH STREET

(Street)
CHANDLER AZ 85226

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
COMTECH TELECOMMUNICATIONS CORP /DE/ [ CMTL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President, S&S Comm. Segment
3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
08/14/2025
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
Common Stock Par Value $0.10 Per Share 08/12/2025 M 1,374 A (1) 25,765 D
Common Stock Par Value $0.10 Per Share 08/12/2025 F(2) 620(3) D $2.08 25,145 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 (1) 08/12/2025 M 1,374 (4) (4) Common Stock Par Value $0.10 Per Share 1,374 $0 36,104 D
Explanation of Responses:
1. Restricted stock units convert into common stock on a one-for-one basis.
2. The 620 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.
3. This Form 4/A is being filed as an amendment to the Form 4 filed by Comtech Telecommunications Corp on August 14, 2025 (the "Original Report"), solely to correct an error in the amount of shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax reported on Table 1. There are no other changes to the Original Report.
4. This transaction represents the vesting of 1,374 of the 4,123 restricted stock units issued to the Reporting Person on August 12, 2022.
Remarks:
/s/ Michael C. Shay, Attorney-in-Fact for Daniel Gizinski 08/19/2025
** 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.
Comtech Telecommunications Cp

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173.71M
19.17M
Communication Equipment
Radio & Tv Broadcasting & Communications Equipment
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United States
CHANDLER