CommScope Holding Company, Inc. (COMM) officer reports new vested stock awards
Rhea-AI Filing Summary
CommScope Holding Company, Inc. executive Michael D. Coppin, SVP & President, NICS, reported the vesting of performance-based equity awards. On 12/16/2025, the Compensation Committee approved vesting of a portion of two performance share unit grants, each at a price of $0 per share.
The first grant, awarded on 03/01/2023, resulted in vesting of 50,800 shares, increasing his beneficial ownership of common stock to 477,600 shares. A second performance grant from 03/01/2023 led to vesting of 59,325 shares, bringing beneficial ownership to 536,925 shares. Both vestings are effective on 12/18/2025 and are based on estimated performance.
The explanations note that additional performance share units may be earned depending on the Company’s actual performance through 12/31/2025 and 02/28/2026, and they also describe previously granted restricted stock units with scheduled vesting dates, all subject to continued employment.
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FAQ
What insider transaction did COMM report in this Form 4?
The filing reports that an officer of CommScope Holding Company, Inc. had portions of two performance share unit awards vest into common stock, with no cash price per share.
How many CommScope (COMM) shares vested for the reporting person?
Two tranches vested: 50,800 shares from one performance share unit grant and 59,325 shares from another, both approved on 12/16/2025 and effective 12/18/2025.
What is the reporting person’s role at CommScope (COMM)?
The reporting person is an officer of CommScope Holding Company, Inc., serving as SVP & President, NICS.
What was the resulting beneficial ownership after the reported CommScope transactions?
After the first vesting, beneficial ownership of common stock was 477,600 shares, and after the second vesting it was 536,925 shares, held directly.
Were these CommScope performance share units tied to company performance?
Yes. Both performance share unit grants could be increased or decreased based on the Company’s satisfaction of specified performance criteria over defined performance periods.
Can additional CommScope performance share units still be earned from these grants?
The explanations state that the Compensation Committee may determine that additional performance share units are earned based on actual performance through 12/31/2025 and 02/28/2026, respectively.
What other equity awards are outstanding for the reporting person at CommScope?
The filing notes several restricted stock unit grants from 2023–2025, with vesting scheduled on 12/18/2025 and ratably on 06/01/2026, 06/01/2027, and 06/01/2028, subject to continued employment.