CMTL insider settles LTPSA: 1,193 shares issued, tax shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Comtech Telecommunications (CMTL) — Form 4 insider activity. On November 7, 2025, the President of the S&S Communications Segment received 1,193 shares of common stock from the settlement of a Long Term Performance Share Award granted on August 12, 2022, tied to goals over the period ended July 31, 2025. The filing also reports 539 shares withheld at $3.04 to cover taxes. Following these transactions, the reporting person directly owns 30,681 shares of Comtech common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Gizinski Daniel
Role
President, S&S Comm. Segment
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock Par Value $0.10 Per Share | 1,193 | $0.00 | -- |
| Tax Withholding | Common Stock Par Value $0.10 Per Share | 539 | $3.04 | $2K |
Holdings After Transaction:
Common Stock Par Value $0.10 Per Share — 31,220 shares (Direct)
Footnotes (1)
- This transaction represents the issuance of Comtech Telecommunications Corp. common stock on November 7, 2025 as a result of the settlement of a Long Term Performance Share Award granted on August 12, 2022 in connection with the achievement of pre-established goals over the three-year performance period ended July 31, 2025. Long Term Performance shares convert into common stock on a one-for-one basis. The 539 shares reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.
FAQ
What did Comtech (CMTL) disclose in this Form 4?
An officer received 1,193 shares from a Long Term Performance Share Award settlement on November 7, 2025, with 539 shares withheld for taxes.
Who is the reporting person and their role at CMTL?
The reporting person is an Officer, serving as President, S&S Communications Segment.
Is this filing by one or multiple reporting persons?
It is a Form filed by one reporting person.