COMSTOCK RESOURCES (CRK) CCO reports tax withholding on vested restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COMSTOCK RESOURCES INC Chief Commercial Officer Clifford Doyle Newell III reported a routine tax-related share disposition. On 2026-06-06, 2,651 shares of common stock were withheld at $13.00 per share to cover taxes on vested restricted shares. This was not an open-market sale, and his direct holdings after the withholding were 125,290 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Newell Clifford Doyle III
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,651 | $13.00 | $34K |
Holdings After Transaction:
Common Stock — 125,290 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 2,651 shares
Withholding price per share: $13.00/share
Shares held after transaction: 125,290 shares
+1 more
4 metrics
Shares withheld for taxes
2,651 shares
Tax-withholding disposition on vested restricted shares
Withholding price per share
$13.00/share
Value used for tax-withholding shares
Shares held after transaction
125,290 shares
Direct ownership following tax withholding
Tax-withholding shares count
2,651 shares
Reported in transactionSummary as taxWithholdingShares
Key Terms
tax withholdings, vested restricted shares, tax-withholding disposition, Form 4, +1 more
5 terms
tax withholdings financial
"Shares netted for tax withholdings on vested restricted shares."
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for the common stock transaction"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describing the executive’s equity transaction"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Chief Commercial Officer financial
"officer_title: "Chief Commercial Officer" for Clifford Doyle Newell III"
A chief commercial officer (CCO) is the senior executive responsible for a company’s revenue-generating activities, including sales, marketing, pricing, customer relationships and business development. Think of the CCO as the head coach who builds the game plan to win customers and grow sales; their effectiveness affects how fast a company earns money, enters new markets and sustains profits, making the role a key signal for investors about future revenue and competitive strength.
FAQ
What did COMSTOCK RESOURCES (CRK) executive Clifford Doyle Newell report on this Form 4?
The filing shows 2,651 CRK common shares were withheld to pay taxes on vested restricted shares. This is a routine tax-withholding disposition rather than an open-market trade, and reflects standard equity compensation treatment for executives.
Was the COMSTOCK RESOURCES (CRK) Form 4 transaction a stock sale by the executive?
No, the transaction was not an open-market stock sale. Shares were netted for tax withholdings on vested restricted shares, meaning the company withheld shares to satisfy tax obligations tied to equity compensation vesting.
What are Clifford Doyle Newell’s COMSTOCK RESOURCES (CRK) holdings after this Form 4 event?
After the tax withholding transaction, Clifford Doyle Newell directly holds 125,290 shares of COMSTOCK RESOURCES common stock. This post-transaction balance indicates he retains a substantial equity position despite the routine tax-related share disposition.
What does the footnote in the COMSTOCK RESOURCES (CRK) Form 4 explain?
The footnote clarifies that the reported shares were "netted for tax withholdings on vested restricted shares." This indicates the disposition satisfied tax obligations from restricted stock vesting instead of reflecting a discretionary market sale by the executive.