Comtech CFO awarded 5,015 shares; tax withholding of 2,561
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Comtech Telecommunications (CMTL) disclosed a Form 4 for CFO Michael Bondi. On November 7, 2025, he acquired 5,015 shares of common stock upon settlement of a Long Term Performance Share Award granted August 12, 2022, tied to goals for the three-year period ended July 31, 2025.
The filing also reports 2,561 shares were withheld to cover federal, state, and FICA taxes at $3.04 per share. Following these transactions, Bondi beneficially owns 144,958 shares directly. Long Term Performance Shares convert into common stock on a one‑for‑one basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BONDI MICHAEL
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock Par Value $.10 Per Share | 5,015 | $0.00 | -- |
| Tax Withholding | Common Stock Par Value $.10 Per Share | 2,561 | $3.04 | $8K |
Holdings After Transaction:
Common Stock Par Value $.10 Per Share — 147,519 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 August 12, 2022 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 2,561 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?
The CFO, Michael Bondi, received 5,015 shares from a Long Term Performance Share Award settlement and had 2,561 shares withheld for taxes.
What is the transaction date in the CMTL Form 4?
The reported transactions occurred on November 7, 2025.