Comtech (CMTL) Insider: 8,893 RSUs Vested, 4,011 Withheld
Rhea-AI Filing Summary
Daniel Gizinski, President of the S&S Communications segment at Comtech Telecommunications Corp (CMTL), reported the vesting of 8,893 restricted stock units (RSUs) on 09/30/2025. Following the vesting, 4,011 shares were withheld to satisfy federal, state and FICA tax withholding, resulting in 30,027 shares of common stock beneficially owned by the reporting person. The filing shows the RSUs convert one-for-one into common stock and that the vested RSUs are part of a grant of 26,679 RSUs originally issued on 09/30/2024. The Form 4 was signed by an attorney-in-fact on 10/02/2025.
Positive
- 8,893 RSUs vested on 09/30/2025 converting one-for-one to common shares
- Clear tax withholding of 4,011 shares was disclosed to satisfy federal, state and FICA obligations
- Form 4 includes attorney-in-fact signature dated 10/02/2025, meeting filing formalities
Negative
- Net beneficial ownership fell from 34,038 to 30,027 shares after the reported transactions
- 4,011 shares withheld reduced the number of shares delivered to the reporting person
Insights
Vesting of executive RSUs increases share count but net issuance was reduced by tax withholding.
The filing documents the vesting of 8,893 RSUs that convert one-for-one to common shares, indicating cashless settlement where 4,011 shares were withheld for taxes. This leaves the reporting person with 30,027 shares after the transaction, reflecting how equity compensation translates into actual ownership.
This matter is primarily a compensation realization event rather than a market-moving equity issuance; it clarifies dilution and the executive's retained stake using only stated facts.
Form 4 correctly reports RSU vesting and tax withholding with required signatures.
The statement lists the transaction date as 09/30/2025, shows the tax-withheld shares (4,011), and includes an attorney-in-fact signature dated 10/02/2025. The filing identifies the reporting person as an officer (President, S&S Comm. Segment) and specifies conversion mechanics (one-for-one).
From a compliance perspective, the filing contains the required details for Section 16 reporting based on the disclosed content.