STOCK TITAN

Director at Comtech (NASDAQ: CMTL) awarded 36,620 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Comtech Telecommunications Corp. director Lawrence Waldman received a grant of restricted stock units, giving him rights to acquire 36,620 shares of common stock. These units were awarded under the company’s 2023 Equity and Incentive Plan as compensation rather than an open-market purchase.

Following this award, Waldman directly holds 103,974 shares or units tied to Comtech common stock. The grant will generally vest in full on the earlier of one year after the grant date or the next annual stockholders’ meeting that occurs at least fifty weeks after the prior annual meeting, assuming continued service through the vesting date.

Positive

  • None.

Negative

  • None.

Insights

Routine equity grant to Comtech director, no open-market buying or selling.

Director Lawrence Waldman received 36,620 restricted stock units tied to Comtech common shares as a compensation award under the 2023 Equity and Incentive Plan. The transaction is coded as an acquisition related to a grant, not a market trade.

The award vests in full on the earlier of one year after the grant date or the next annual stockholders’ meeting occurring at least fifty weeks after the prior meeting, contingent on continued service. After this grant, Waldman’s direct holdings rise to 103,974 shares or units, indicating a larger aligned equity position.

This type of director RSU grant is typically a standard part of board compensation and, by itself, does not signal a change in outlook. Future filings will show when and how the units actually vest and convert into common stock.

Insider Waldman Lawrence
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units 36,620 $0.00 --
Holdings After Transaction: Restricted Stock Units — 103,974 shares (Direct)
Footnotes (1)
  1. Restricted stock units were granted under the Company's 2023 Equity and Incentive Plan, and represent the right to receive one share of common stock of Comtech Telecommunications Corp. upon vesting of the unit. The award will generally vest in full on the earlier of (i) the one-year anniversary of the Grant Date; or (ii) the date of the Company's next annual meeting of stockholders following the Grant Date, provided that such meeting occurs at least fifty (50) weeks after the Company's immediately preceding year's annual meeting of stockholders, in each case, subject to continued service through such vesting date.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Waldman Lawrence

(Last)(First)(Middle)
305 N 54TH STREET

(Street)
CHANDLER ARIZONA 85226

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
COMTECH TELECOMMUNICATIONS CORP /DE/ [ CMTL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)03/24/2026A36,620 (2) (2)Common Stock Par Value $.10 Per Share36,620$0103,974D
Explanation of Responses:
1. Restricted stock units were granted under the Company's 2023 Equity and Incentive Plan, and represent the right to receive one share of common stock of Comtech Telecommunications Corp. upon vesting of the unit.
2. The award will generally vest in full on the earlier of (i) the one-year anniversary of the Grant Date; or (ii) the date of the Company's next annual meeting of stockholders following the Grant Date, provided that such meeting occurs at least fifty (50) weeks after the Company's immediately preceding year's annual meeting of stockholders, in each case, subject to continued service through such vesting date.
Remarks:
/s/ Michael C. Shay, Attorney-in-Fact for Lawrence Waldman03/26/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Comtech (CMTL) director Lawrence Waldman report in this Form 4?

He reported receiving 36,620 restricted stock units as a compensation award, not buying shares in the market. These units are linked to Comtech common stock and increase his direct equity-based holdings to 103,974 shares or units following the grant.

Is the Comtech (CMTL) Form 4 transaction a stock purchase or sale?

The transaction is neither a market purchase nor a sale. It is a grant of 36,620 restricted stock units under Comtech’s 2023 Equity and Incentive Plan, classified as a compensation-related acquisition rather than open-market trading by director Lawrence Waldman.

How many Comtech (CMTL) shares or units does Lawrence Waldman hold after this grant?

After the restricted stock unit grant, Lawrence Waldman’s direct holdings total 103,974 shares or units tied to Comtech common stock. This figure reflects his position immediately following the 36,620-unit award reported in the Form 4 insider transaction filing.

When do the newly granted Comtech (CMTL) restricted stock units vest?

The award generally vests in full on the earlier of one year after the grant date or the company’s next annual meeting of stockholders, provided that meeting is at least fifty weeks after the prior annual meeting and Waldman continues in service through the vesting date.

What plan governs the restricted stock unit grant reported for Comtech (CMTL)?

The restricted stock units were granted under Comtech’s 2023 Equity and Incentive Plan. Each unit represents the right to receive one share of Comtech common stock upon vesting, aligning director compensation with shareholder interests through equity-based awards instead of cash alone.

Does the Comtech (CMTL) Form 4 mention any derivative options remaining after this grant?

No additional derivative positions are shown in the derivative holdings summary accompanying this transaction. The filing focuses on the 36,620 restricted stock unit grant and the resulting total of 103,974 direct shares or units held by director Lawrence Waldman after the award.
Comtech Telecommunications Cp

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Communication Equipment
Radio & Tv Broadcasting & Communications Equipment
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United States
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