Comtech executive acquires 8,893 shares as grant vests
The vesting involved RSUs issued in 2024, and 4,011 shares were withheld for federal, state and FICA taxes.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Comtech Telecommunications Corp. reported that President, S&S Comm. Segment Daniel Gizinski had 8,893 restricted stock units vest and convert one-for-one into 8,893 common shares on September 30, 2026. The units were part of 26,679 restricted stock units issued to him on September 30, 2024. The reported position following the transaction was 131,728 restricted stock units. On the same date, 4,011 common shares were withheld to pay federal, state and FICA taxes, at a reported $1.37 per share.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 8,893 | $0.00 | $0.00 |
| Exercise | Common Stock Par Value $0.10 Per Share F1 | 8,893 | -- | -- |
| Tax Withholding | Common Stock Par Value $0.10 Per Share F2 | 4,011 | $1.37 | $5K |
Footnotes (3)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. The 4,011 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.
- F3. This transaction represents the vesting of 8,893 of the 26,679 restricted stock units issued to the Reporting Person on September 30, 2024.
Key Figures
Key Terms
Restricted Stock Units financial
one-for-one basis technical
vesting financial
Federal Insurance Contributions Act financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
AI-generated analysis. How Rhea-AI works. Not financial advice.