Comstock Resources (CRK) VP sees 1,092 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COMSTOCK RESOURCES INC VP of Accounting Daniel K. Presley reported a routine tax-withholding share disposition. On this Form 4, 1,092 shares of Common Stock were withheld at $13.00 per share to cover taxes on vested restricted shares, leaving him with 267,165 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PRESLEY DANIEL K
Role
VP of Accounting
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,092 | $13.00 | $14K |
Holdings After Transaction:
Common Stock — 267,165 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 1,092 shares
Withholding price: $13.00 per share
Shares held after transaction: 267,165 shares
3 metrics
Shares withheld for taxes
1,092 shares
Common Stock withheld for tax on vested restricted shares
Withholding price
$13.00 per share
Price used for 1,092 withheld shares
Shares held after transaction
267,165 shares
Common Stock directly owned after withholding
Key Terms
tax-withholding disposition, restricted shares, Common Stock, Form 4
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding 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.
Common Stock financial
"security_title: "Common Stock""
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 regulatory
"INSIDER FILING DATA (Form 4):"
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.
FAQ
What insider transaction did COMSTOCK RESOURCES (CRK) report for Daniel K. Presley?
COMSTOCK RESOURCES reported that VP of Accounting Daniel K. Presley had 1,092 Common Stock shares withheld at $13.00 per share. The shares were used to satisfy tax obligations on vested restricted shares, not sold in an open-market transaction.
What does transaction code F mean in the CRK Form 4 for Daniel K. Presley?
Transaction code F indicates a payment of exercise price or tax liability by delivering securities. In this case, 1,092 shares of COMSTOCK RESOURCES Common Stock were withheld at $13.00 per share to cover taxes on vested restricted shares, not voluntarily sold.
What role does Daniel K. Presley hold at COMSTOCK RESOURCES (CRK)?
Daniel K. Presley is identified as the VP of Accounting at COMSTOCK RESOURCES. His Form 4 filing details a tax-withholding disposition of 1,092 shares tied to vested restricted stock, while he continues to hold 267,165 Common Stock shares directly afterward.