Comtech grants Daniel Gizinski 589,430 cash-settled units
Payments are tied to the fair market value of common stock when units vest, with vesting generally spread across three years.
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Rhea-AI Filing Summary
Comtech Telecommunications Corp. President, S&S Comm. Segment Daniel Gizinski received a grant of 589,430 cash-settled restricted stock units on November 3, 2026. His reported direct position after the grant was 589,430 units. The units represent a right to receive cash equal to the fair market value of one common share upon vesting. Generally, they vest in installments over three years, assuming continued employee service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Cash-settled Restricted Stock Units F1, F2 | 589,430 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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
Cash-settled restricted stock units financial
fair market value financial
vesting financial
Federal Insurance Contributions Act regulatory
FAQ
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How many cash-settled RSUs did CMTL's President, S&S Comm. Segment receive?
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When are payments made for CMTL's cash-settled RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.