CMTL Form 4: Daniel Gizinski Vesting of 1,961 RSUs on 08/11/2025
Rhea-AI Filing Summary
Daniel Gizinski, President of the S&S Commercial Segment at Comtech Telecommunications (CMTL), filed a Form 4 reporting the vesting of restricted stock units on 08/11/2025. The filing shows 1,961 RSUs vested from a grant of 5,883 awarded on August 11, 2023, and that 885 shares were withheld to cover federal, state and FICA taxes at a reported withholding price of $1.99. The report lists the reporting person’s role and provides multiple post-transaction beneficial ownership figures as shown on the form, and it was signed by an attorney-in-fact on 08/13/2025. The RSUs convert to common stock on a one-for-one basis, as stated in the filing.
Positive
- 1,961 restricted stock units vested, converting one-for-one into common shares per the filing
- Disclosure includes tax withholding details (885 shares withheld at $1.99), improving transparency
Negative
- 885 shares were withheld to cover taxes, reducing the net shares delivered to the reporting person
Insights
TL;DR: Routine officer RSU vesting; acquisition of 1,961 shares with 885 withheld for taxes, limited market impact.
The Form 4 documents a grant vesting event rather than an open-market sale, reporting 1,961 restricted stock units vested and 885 shares withheld for taxes at $1.99. This is a common compensation-related filing and does not indicate a disposition to the market. The filing includes multiple reported post-transaction beneficial ownership totals; the RSUs convert one-for-one to common shares, increasing the reporting person’s direct holdings by the net vested amount. For investors, this is routine insider compensation disclosure rather than a liquidity-driven sale.
TL;DR: Governance disclosure is complete for the vesting event; tax withholding and signature by attorney-in-fact are properly documented.
The Form 4 identifies the reporting person and role, specifies the 08/11/2025 transaction date, explains that RSUs convert one-for-one to common stock, and discloses that 885 shares were withheld to satisfy tax obligations. The form is signed via attorney-in-fact, which is permitted and noted. This filing fulfills Section 16 reporting requirements for an officer RSU vesting and provides transparency on the mechanics of the transaction.