CMTL Form 4: 119,243 RSUs to S&S Communications Segment President
Rhea-AI Filing Summary
Comtech Telecommunications (CMTL) filed a Form 4 disclosing an equity grant to an officer. On 11/07/2025, President, S&S Communications Segment Daniel Gizinski was granted 119,243 restricted stock units (RSUs) at $0, reported as an acquisition (Code A). Following the transaction, 146,454 derivative securities were beneficially owned directly.
The RSUs were granted under the Company’s 2023 Equity and Incentive Plan. They generally vest in three equal annual installments on the first through third anniversaries of the grant, assuming continued employment. Shares of common stock corresponding to vested units will be delivered within 60 days of each vesting date.
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Insights
Routine RSU grant with three-year vesting to a Comtech officer.
Comtech reported an award of 119,243 RSUs to the President of its S&S Communications Segment on 11/07/2025, under the 2023 Equity and Incentive Plan. The filing lists the transaction as an acquisition at a price of $0 and shows 146,454 derivative securities beneficially owned directly after the grant.
The RSUs vest in three equal annual tranches over three years, contingent on continued service, with delivery of common shares within 60 days after each vest date. This structure ties value to ongoing tenure and future share delivery mechanics specified in the plan.
As a routine compensation event, the direct financial impact is limited and depends on service-based vesting. Subsequent filings may provide additional details on future equity awards or settlements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 119,243 | $0.00 | -- |
Footnotes (1)
- Restricted stock units were granted under the Company's 2023 Equity and Incentive Plan, and represent the right to receive one share of common stock of Comtech Telecommunications Corp. upon vesting of the unit. Generally, the restricted stock units will vest in installments over a three year period, at a rate of one-third on the first through third anniversaries of the grant, assuming continued service as an employee. Shares of common stock corresponding to vested units will be delivered to the Reporting Person within 60 days of vesting.