Comtech (CMTL) Form 4: CLO acquires 2,605 shares; 868 withheld
Comtech Telecommunications (CMTL) disclosed an insider transaction by its Chief Legal Officer.
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Rhea-AI Filing Summary
Comtech Telecommunications (CMTL) disclosed an insider transaction by its Chief Legal Officer. On November 7, 2025, he acquired 2,605 shares upon settlement of a long-term performance share award. The filing also reports 868 shares were withheld to cover taxes at $3.04. After these transactions, his directly held stake totaled 42,446 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock Par Value $.10 Per Share | 2,605 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock Par Value $.10 Per Share | 868 | $3.04 | $3K |
Footnotes (3)
- F1. This transaction represents the issuance of Comtech Telecommunications Corp. common stock on November 7, 2025 as a result of the settlement of a Long Term Performance Share Award granted on April 28, 2023 in connection with the achievement of pre-established goals over the three-year performance period ended July 31, 2025.
- F2. Long Term Performance shares convert into common stock on a one-for-one basis.
- F3. The 868 shares reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.
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