CMTL Form 4: 2,605 performance shares settled; holdings 42,446
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Walther Donald E.
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock Par Value $.10 Per Share | 2,605 | $0.00 | -- |
| Tax Withholding | Common Stock Par Value $.10 Per Share | 868 | $3.04 | $3K |
Holdings After Transaction:
Common Stock Par Value $.10 Per Share — 43,314 shares (Direct)
Footnotes (1)
- 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. Long Term Performance shares convert into common stock on a one-for-one basis. 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.
FAQ
What did CMTL disclose in this Form 4?
An officer acquired 2,605 shares on November 7, 2025 from a long-term performance share award, with 868 shares withheld for taxes.
Who is the reporting person in the CMTL Form 4?
The reporting person is the company’s Chief Legal Officer.
What was the tax withholding detail?
The filing shows 868 shares were withheld under code F at a price of $3.04 to cover taxes.
What is the CMTL security involved?
Common Stock, par value $0.10 per share.