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Comtech (CMTL) director receives 36,620-share restricted stock grant

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

Rhea-AI Filing Summary

Sprung Lloyd A. reported acquisition or exercise transactions in this Form 4 filing.

Comtech Telecommunications Corp. director Lloyd A. Sprung received a grant of 36,620 shares of restricted common stock. These awards were granted under the company’s 2023 Equity and Incentive Plan and will generally vest in full on the earlier of one year after the grant date or the next annual stockholders’ meeting, subject to continued service.

Positive

  • None.

Negative

  • None.
Insider Sprung Lloyd A.
Role Director
Type Security Shares Price Value
Grant/Award Common Stock Par Value $0.10 Per Share 36,620 $0.00 --
Holdings After Transaction: Common Stock Par Value $0.10 Per Share — 36,620 shares (Direct)
Footnotes (1)
  1. Restricted stock awards 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. 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*
Sprung Lloyd A.

(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
Common Stock Par Value $0.10 Per Share(1)(2)03/24/2026A36,620A$036,620D
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
Explanation of Responses:
1. Restricted stock awards 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.
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 Lloyd A. Sprung03/26/2026
** 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 insider transaction did Comtech (CMTL) report for Lloyd A. Sprung?

Comtech reported that director Lloyd A. Sprung received a grant of 36,620 restricted shares of common stock. The award was issued at no cash cost as equity compensation under the company’s 2023 Equity and Incentive Plan, subject to vesting conditions tied to time and service.

How many Comtech (CMTL) shares were granted in this Form 4 filing?

The filing shows a grant of 36,620 shares of Comtech common stock as restricted stock. These shares represent equity-based compensation, not an open-market purchase, and are subject to vesting before they fully convert into unrestricted common shares for the director.

What type of equity award did Comtech (CMTL) grant to its director?

Comtech granted restricted stock awards that represent the right to receive one share of common stock per unit upon vesting. The grant falls under the 2023 Equity and Incentive Plan and is classified in the filing as a grant, award, or other acquisition transaction.

When will Lloyd A. Sprung’s Comtech (CMTL) restricted shares vest?

The award will generally vest in full on the earlier of the one-year anniversary of the grant date or the date of Comtech’s next annual stockholders’ meeting, provided that meeting occurs at least fifty weeks after the prior year’s meeting and the director continues in service until vesting.

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

The transaction is not a market purchase or sale. It is a grant of restricted stock reported with transaction code A, described as a grant, award, or other acquisition, with no price per share, reflecting equity compensation rather than trading in the open market.

How many Comtech (CMTL) shares does Lloyd A. Sprung hold after this grant?

After the reported grant, Lloyd A. Sprung holds 36,620 shares of Comtech common stock directly. This total reflects the position following the award reported in the Form 4 and is recorded as direct ownership in the filing’s ownership section.
Comtech Telecommunications Cp

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Communication Equipment
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