Comstock Resources (CRK) VP nets restricted stock after tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COMSTOCK RESOURCES INC VP of Finance and Investor Relations Ronald Eugene Mills reported a routine tax-related share disposition. On the transaction date, 1,189 shares of common stock were withheld at $13.00 per share to cover taxes on vested restricted shares, leaving him with 141,509 shares held directly after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mills Ronald Eugene
Role
VP of Finance. and IR
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,189 | $13.00 | $15K |
Holdings After Transaction:
Common Stock — 141,509 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 1,189 shares
Withholding price: $13.00 per share
Shares after transaction: 141,509 shares
+1 more
4 metrics
Tax-withheld shares
1,189 shares
Withheld to cover taxes on vested restricted shares
Withholding price
$13.00 per share
Value used for tax-withholding disposition
Shares after transaction
141,509 shares
Common stock held directly following withholding
Transaction code
F
Payment of tax liability by delivering securities
Key Terms
tax-withholding disposition, restricted shares, Form 4, transaction code F
4 terms
tax-withholding disposition financial
"reported a routine tax-related share disposition"
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
"COMSTOCK RESOURCES (CRK) Form 4 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.
transaction code F regulatory
"Transaction code F indicates payment of an exercise price or tax liability"
FAQ
What insider transaction did COMSTOCK RESOURCES (CRK) report for Ronald Eugene Mills?
Ronald Eugene Mills reported a tax-related disposition of 1,189 COMSTOCK RESOURCES common shares. The shares were withheld at $13.00 each to satisfy taxes on vested restricted stock, rather than sold in the open market, and are treated as a routine compensation event.
Was the COMSTOCK RESOURCES (CRK) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 1,189 shares were withheld by the company at $13.00 per share to cover tax liabilities on vested restricted shares, according to the footnote disclosure.
What does transaction code F mean in the COMSTOCK RESOURCES (CRK) Form 4 filing?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 1,189 COMSTOCK RESOURCES shares were withheld at $13.00 each to cover taxes due on vested restricted shares rather than being sold on the market.
What role does Ronald Eugene Mills hold at COMSTOCK RESOURCES (CRK)?
Ronald Eugene Mills serves as Vice President of Finance and Investor Relations at COMSTOCK RESOURCES. His Form 4 filing reports a routine tax-withholding disposition of 1,189 shares tied to vested restricted stock, leaving him with 141,509 common shares held directly afterward.
Does the COMSTOCK RESOURCES (CRK) Form 4 suggest a change in insider sentiment?
The filing reflects a routine tax-withholding event, not a discretionary trade. Shares were withheld to pay taxes on vested restricted stock, so it does not necessarily indicate a change in Ronald Eugene Mills’ view of COMSTOCK RESOURCES’ prospects.