Comstock Resources (CRK) director receives 14,870-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Davis Elizabeth B reported acquisition or exercise transactions in this Form 4 filing.
COMSTOCK RESOURCES INC director Elizabeth B. Davis received a grant of 14,870 shares of Common Stock as a restricted stock award. The award was valued at $13.45 per share on the grant date. After this grant, she directly holds a total of 133,623 shares of the company’s common stock.
The footnotes state that this restricted stock award will vest after one year of service, meaning the shares are subject to a one-year service-based vesting condition before they fully vest to her.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Davis Elizabeth B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,870 | $13.45 | $200K |
Holdings After Transaction:
Common Stock — 133,623 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock award: 14,870 shares
Grant date price: $13.45 per share
Shares held after grant: 133,623 shares
+1 more
4 metrics
Restricted stock award
14,870 shares
Common Stock grant to director Elizabeth B. Davis
Grant date price
$13.45 per share
Value used for restricted stock award
Shares held after grant
133,623 shares
Total direct holdings after transaction
Vesting period
One year of service
Restricted stock award vesting term
Key Terms
Restricted stock award, Common Stock, Grant, award, or other acquisition
3 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 for the reported 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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition."
FAQ
What did CRK director Elizabeth B. Davis report in this Form 4?
Elizabeth B. Davis reported receiving a restricted stock award of 14,870 shares of COMSTOCK RESOURCES INC Common Stock. The award is classified as a grant or other acquisition and was reported as a direct ownership transaction in the company’s equity.
At what price was the CRK restricted stock award to Elizabeth Davis recorded?
The restricted stock award to Elizabeth B. Davis was recorded at $13.45 per share. This reflects the grant-date price used in the Form 4, providing investors a reference value for the equity-based compensation she received from COMSTOCK RESOURCES INC.
What are the vesting terms of Elizabeth Davis’s CRK restricted stock award?
The footnote explains that the restricted stock award vests after one year of service. This means Elizabeth B. Davis must complete one year of service for the 14,870 awarded shares to fully vest and no longer be subject to forfeiture conditions.
Is the CRK Form 4 transaction a market purchase or a compensation grant?
The Form 4 shows a compensation grant, not a market purchase. It is coded as a grant or award acquisition, indicating the 14,870 CRK shares were received as a restricted stock award rather than bought on the open market.