Comtech CFO Vesting Adds 1,195 Shares; Net 126,391 Owned
Rhea-AI Filing Summary
The reporting person, Michael Bondi, had 1,195 restricted stock units (RSUs) vest on 08/10/2025, converting one-for-one into 1,195 common shares. To satisfy tax withholding obligations, 611 shares were withheld (recorded at $2.01 per share), leaving the reporting person with 126,391 shares beneficially owned following the transactions. The vesting represented part of an original grant of 5,976 RSUs issued on 08/10/2021.
This filing documents routine equity compensation activity: vesting increased the insider's share alignment with the company while withholding for taxes reduced the net shares delivered. No market purchases or sales or derivative exercises are reported.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine RSU vesting increases insider alignment; net shares delivered reduced by tax withholding—no material market activity.
The Form 4 shows the vesting of 1,195 RSUs that converted into the same number of common shares and the withholding of 611 shares to cover federal, state and FICA taxes at a recorded value of $2.01 per share. Net new shares to the reporting person are modest and this disclosure is a standard compensation event rather than a directional trading signal.
TL;DR: Disclosure of RSU vesting and tax withholding is standard and consistent with governance expectations; no red flags in the filing.
The filing identifies the reporting person as the Chief Financial Officer and documents that 1,195 of 5,976 RSUs granted on 08/10/2021 vested. The separate line showing 611 shares withheld for taxes and the explanation of withholding is clear and consistent with common equity-compensation practices. There is no indication of opportunistic trading or unusual derivative usage.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,195 | $0.00 | -- |
| Exercise | Common Stock Par Value $.10 Per Share | 1,195 | $0.00 | -- |
| Tax Withholding | Common Stock Par Value $.10 Per Share | 611 | $2.01 | $1K |
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. 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. This transaction represents the vesting of 1,195 of the 5,976 restricted stock units issued to the Reporting Person on August 10, 2021.