[Form 4] Comtech Telecommunications Insider Trading Activity
Michael Bondi, Chief Financial Officer of Comtech Telecommunications Corp. (CMTL), reported restricted stock unit activity. On 08/12/2025 4,842 restricted stock units vested, converting one-for-one into common stock. Of those shares, 2,472 were withheld to satisfy federal, state and FICA tax obligations at an indicated price of $2.08 per share for the shares withheld. After these transactions the reporting person beneficially owned 133,813 shares of common stock (direct) according to the form. The filing also notes that the 4,842 vested units are part of 14,527 RSUs originally issued on August 12, 2022. The Form 4 was signed on 08/14/2025 by an attorney-in-fact.
- Transparent disclosure of RSU vesting and tax-withholding consistent with Section 16 reporting
- Clear detail on the number of RSUs vested (4,842) and the original grant size (14,527 on 08/12/2022)
- None.
Insights
TL;DR: Routine RSU vesting and tax-withholding; no new purchases or sales, minor dilution impact only.
The filing documents the vesting of 4,842 restricted stock units that converted to common shares for CFO Michael Bondi on 08/12/2025. A portion of the vested shares (2,472) were withheld to cover tax liabilities at a reported withholding price of $2.08 per share. This is a standard compensation-related insider transaction and does not reflect an open-market purchase or sale that would signal a change in insider conviction. The net change to immediate outstanding common shares from this filing is limited to the vested issuance and withholding for taxes; the form discloses the RSU grant size (14,527 originally granted on 08/12/2022) which is relevant when assessing ongoing equity-based compensation expense.
TL;DR: Transaction aligns with typical executive compensation vesting; disclosure appears complete for Section 16 reporting.
The Form 4 reports a vesting event and corresponding tax withholding consistent with authorized equity compensation plans. The filer checked appropriate boxes identifying the reporting person as an officer (CFO) and provided an explanation that withheld shares satisfied tax obligations. The presence of an attorney-in-fact signature is documented. There are no indications in the filing of policy deviations, accelerated awards, or extraordinary transfers that would raise governance concerns based on the disclosed information alone.