Comtech (CMTL) CFO Bondi reports 1,196 RSUs vested and 611 shares withheld for tax
Rhea-AI Filing Summary
Comtech Telecommunications Chief Financial Officer Michael Bondi reported the vesting of 1,196 restricted stock units, which converted into an equal number of common shares on August 10, 2026. Of these shares, 611 were withheld to cover federal, state and FICA tax obligations. Following the vesting, Bondi held 193,858 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 585 shares
Net Buy
3 txns
Insider
BONDI MICHAEL
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 1,196 | $0.00 | $0.00 |
| Exercise | Common Stock Par Value $.10 Per Share F1 | 1,196 | -- | -- |
| Tax Withholding | Common Stock Par Value $.10 Per Share F2 | 611 | $1.72 | $1K |
Holdings After Transaction:
Restricted Stock Units — 193,858 shares (Direct);
Common Stock Par Value $.10 Per Share — 145,543 shares (Direct)
Footnotes (3)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. The 611 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 1,196 of the 5,976 restricted stock units issued to the Reporting Person on August 10, 2021.
Key Figures
RSUs vested: 1,196 restricted stock units
Shares withheld for taxes: 611 shares at $1.72 per share
RSUs remaining after vesting: 193,858 restricted stock units
3 metrics
RSUs vested
1,196 restricted stock units
Restricted stock units converting one-for-one into common stock on August 10, 2026
Shares withheld for taxes
611 shares at $1.72 per share
Shares withheld to pay federal, state and FICA tax obligations
RSUs remaining after vesting
193,858 restricted stock units
Direct RSU holdings of the CFO following the reported vesting event
Key Terms
Restricted stock units, vesting, Federal Insurance Contributions Act ("FICA") tax
3 terms
Restricted stock units financial
"Restricted stock units convert into common stock on a one-for-one basis."
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.
vesting financial
"This transaction represents the vesting of 1,196 of the 5,976 restricted stock units"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Federal Insurance Contributions Act ("FICA") tax regulatory
"represents the shares withheld to pay the Reporting Person's federal, state, and FICA tax"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Comtech (CMTL) CFO Michael Bondi report in this Form 4 filing?
Comtech CFO Michael Bondi reported the vesting of 1,196 restricted stock units, converting one-for-one into common stock. The filing also shows shares withheld to satisfy tax obligations and updated remaining restricted stock unit holdings.
How many Comtech (CMTL) restricted stock units vested for the CFO?
A total of 1,196 restricted stock units vested for Comtech’s CFO. According to the disclosure, these RSUs converted into 1,196 shares of common stock on a one-for-one basis as part of an August 10, 2026 vesting event.
What are Michael Bondi’s remaining restricted stock unit holdings at Comtech (CMTL)?
After this vesting event, Chief Financial Officer Michael Bondi directly held 193,858 restricted stock units. This figure reflects the remaining RSU balance following the conversion of 1,196 units into common stock on August 10, 2026.