Comtech grants Jeffery Paul Robertson 330K stock units
The share-settled units generally vest in thirds over three years, subject to continued service; cash-settled units pay an amount tied to common-stock fair market value.
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Rhea-AI Filing Summary
Comtech Telecommunications Corp. granted Jeffery Paul Robertson, President, Allerium Segment, 330,285 restricted stock units and 198,171 cash-settled restricted stock units on November 3, 2026, under its 2023 Equity and Incentive Plan. After the grants, his reported positions were 489,082 restricted stock units and 198,171 cash-settled restricted stock units. The awards generally vest in one-third installments on the first through third grant anniversaries, assuming continued service. Vested share-settled units deliver common shares within 60 days; each vested cash-settled unit pays the fair market value of one common share within 60 days, less tax withholding.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 330,285 | $0.00 | $0.00 |
| Grant/Award | Cash-settled Restricted Stock Units F3, F4 | 198,171 | $0.00 | $0.00 |
Footnotes (4)
- F1. 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.
- F2. 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.
- F3. Cash-settled restricted stock units were granted under the Company's 2023 Equity and Incentive Plan, and represent the right to receive a cash payment equal to the fair market value of one share of common stock of Comtech Telecommunications Corp. upon vesting of the unit.
- F4. Generally, the cash-settled 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. The Reporting Person shall receive a cash payment equal to the fair market value of one share of common stock, determined on the applicable vesting date, with respect to each vested RSU subject to the award, within 60 days of vesting, less any amount withheld to satisfy the Reporting Persons federal, state, and Federal Insurance Contributions Act ("FICA") tax.
Key Figures
Key Terms
restricted stock units financial
cash-settled restricted stock units financial
fair market value financial
FICA technical
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did CMTL's President, Allerium Segment receive?
When do CMTL's new restricted stock units vest and settle?
AI-generated analysis. How Rhea-AI works. Not financial advice.