Comtech (CMTL) CEO reports 54,645 RSU vesting and tax share withholding
Rhea-AI Filing Summary
Comtech Telecommunications Corp. Chairman, President and CEO Kenneth Traub reported equity award activity on January 23, 2026. A block of 54,645 restricted stock units vested and converted into the same number of shares of common stock at an exercise price of $0 per share. Of these shares, 22,439 were withheld at $5.87 per share to cover federal, state and FICA tax obligations, leaving 58,440 common shares beneficially owned directly after the transactions.
Following the vesting, Traub also reports holding 416,308 restricted stock units, which each convert into one share of common stock.
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FAQ
What insider transaction did Comtech (CMTL) report for Kenneth Traub?
The filing shows that on January 23, 2026, Chairman, President and CEO Kenneth Traub had 54,645 restricted stock units vest and convert into common stock, with a portion of the shares withheld for taxes.
How many Comtech (CMTL) shares vested and were issued to Kenneth Traub?
54,645 restricted stock units converted into 54,645 shares of common stock on a one-for-one basis, according to the filing footnotes.
Why were some of Kenneth Traubs Comtech (CMTL) shares withheld?
The filing states that 22,439 shares were withheld at $5.87 per share to pay the reporting persons federal, state and FICA tax obligations related to the vesting.
How many Comtech (CMTL) common shares does Kenneth Traub own after these transactions?
After the reported transactions, Kenneth Traub directly beneficially owns 58,440 shares of Comtech common stock.
How many restricted stock units does Kenneth Traub hold after the vesting at Comtech (CMTL)?
Following the January 23, 2026 vesting, Kenneth Traub beneficially owns 416,308 restricted stock units, each representing the right to receive one share of common stock.
What do the Comtech (CMTL) Form 4 footnotes say about the transactions?
The footnotes explain that restricted stock units convert into common stock on a one-for-one basis, identify the 22,439 shares as tax-withholding shares, and note that the transaction reflects the vesting of 54,645 of 163,935 restricted stock units originally granted on January 23, 2025.