Comstock director granted 14,870 restricted shares
TURNER JIM L reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
TURNER JIM L reported acquisition or exercise transactions in this Form 4 filing.
COMSTOCK RESOURCES INC director Jim L. Turner received a restricted stock award of 14,870 shares of common stock at $13.45 per share. The award vests after one year of service. Following this grant, he holds 336,319 common shares directly.
Insider Trade Summary
Grant/Award: 14,870 shares
Grant/Award
1 txn
Insider
TURNER JIM L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,870 | $13.45 | $200K |
Holdings After Transaction:
Common Stock — 336,319 shares (Direct)
Footnotes (1)
- F1. Restricted stock award which vests after one year of service.
Key Figures
Restricted stock grant: 14,870 shares
Grant valuation price: $13.45/share
Post-grant holdings: 336,319 shares
+1 more
4 metrics
Restricted stock grant
14,870 shares
Award of common stock to director Jim L. Turner
Grant valuation price
$13.45/share
Reported price per share for awarded stock
Post-grant holdings
336,319 shares
Total common shares held directly after the grant
Vesting period
1 year
Restricted stock award vests after one year of service
Key Terms
Restricted stock award, Common Stock, Form 4, Grant, award, or other acquisition
4 terms
Restricted stock award financial
"Restricted stock award which vests after one year of service."
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
Common Stock financial
"security_title: "Common Stock" reported for the transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 financial
"INSIDER FILING DATA (Form 4) reporting the transaction details"
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did COMSTOCK RESOURCES INC (CRK) report for Jim L. Turner?
COMSTOCK director Jim L. Turner received a restricted stock award of 14,870 common shares. The Form 4 shows this as a grant, not an open-market purchase, reflecting compensation rather than a discretionary stock buy in the market.
At what price was Jim L. Turner’s restricted stock award in CRK valued?
The restricted stock award to Jim L. Turner was valued at $13.45 per share. This price is used for reporting the grant on Form 4 and does not represent an open-market trade executed by the director.
How does the restricted stock award for CRK vest for Jim L. Turner?
The restricted stock award to Jim L. Turner vests after one year of service. This means he must remain in his director role for a full year before the 14,870 granted shares fully vest and become unrestricted.
Was Jim L. Turner’s CRK transaction a market purchase or a compensation grant?
The transaction was a compensation-related grant, reported with code “A” for award or other acquisition. It represents a restricted stock award, not an open-market purchase, and therefore does not signal a discretionary buy in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
