Comtech Telecommunications (CMTL) executive reports RSU vesting and tax share withholding
Rhea-AI Filing Summary
Comtech Telecommunications executive Daniel Gizinski, President of the S&S Communications segment, reported vesting of 2,573 restricted stock units on 2026-07-31, which converted into an equal number of common shares. Of these, 1,161 shares were withheld at 1.6800 per share to cover federal, state and FICA taxes. Following the vesting, he held 142,862 restricted stock units directly.
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Insider Trade Summary
Net Buyer: 1,412 shares
Net Buy
3 txns
Insider
Gizinski Daniel
Role
President, S&S Comm. Segment
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 2,573 | $0.00 | $0.00 |
| Exercise | Common Stock Par Value $0.10 Per Share F1 | 2,573 | -- | -- |
| Tax Withholding | Common Stock Par Value $0.10 Per Share F2 | 1,161 | $1.68 | $2K |
Holdings After Transaction:
Restricted Stock Units — 142,862 shares (Direct);
Common Stock Par Value $0.10 Per Share — 32,452 shares (Direct)
Footnotes (3)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. The 1,161 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 2,573 of the 7,717 restricted stock units issued to the Reporting Person on July 31, 2024.
Key Figures
RSUs vested: 2573 shares
Shares withheld for taxes: 1161 shares
Tax withholding price: 1.6800 per share
+1 more
4 metrics
RSUs vested
2573 shares
Restricted stock units converting to common stock on 2026-07-31
Shares withheld for taxes
1161 shares
Shares withheld to pay federal, state and FICA tax
Tax withholding price
1.6800 per share
Per-share value used for the tax-withholding disposition
RSUs held after vesting
142862 units
Restricted stock units held directly following the reported vesting
Key Terms
Restricted Stock Units, Federal Insurance Contributions Act ("FICA") tax, Payment of tax liability by delivering or withholding securities, Exercise or conversion of derivative security
4 terms
Restricted Stock Units financial
"Security title listed as Restricted Stock Units for the derivative transaction"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Federal Insurance Contributions Act ("FICA") tax financial
"Shares withheld to pay the Reporting Person's federal, state, and FICA tax"
Payment of tax liability by delivering or withholding securities financial
"Transaction code F described as payment of tax liability by withholding securities"
Exercise or conversion of derivative security financial
"Transaction code M described as exercise or conversion of derivative security"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity activity did Comtech Telecommunications (CMTL) report for Daniel Gizinski?
Comtech reported that executive Daniel Gizinski had 2,573 restricted stock units vest and convert into common stock. The transaction occurred on 2026-07-31 and was reported as an exercise or conversion of derivative securities on a Form 4 filing.
How many restricted stock units does Daniel Gizinski hold after this Comtech (CMTL) transaction?
After the reported vesting, Daniel Gizinski directly holds 142,862 restricted stock units. The Form 4 notes that 2,573 units vested from an earlier grant, while this remaining balance continues as outstanding restricted stock units linked to Comtech common shares on a one-for-one basis.
What derivative security event did Comtech (CMTL) disclose for Daniel Gizinski?
Comtech disclosed the exercise or conversion of 2,573 restricted stock units into common stock for Daniel Gizinski. The restricted stock units convert on a one-for-one basis into common shares, reflecting a routine equity compensation vesting event for the reporting executive.