Comstock Resources (CRK) COO records tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Comstock Resources Chief Operating Officer Daniel S. Harrison reported a tax-related share disposition. On this Form 4, 4,254 shares of common stock were withheld at a price of $19.18 per share to cover taxes on vested restricted shares. After this tax-withholding disposition, he directly holds 826,222 shares of Comstock Resources common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harrison Daniel S
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,254 | $19.18 | $82K |
Holdings After Transaction:
Common Stock — 826,222 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Comstock Resources (CRK) report for Daniel S. Harrison?
Comstock Resources reported that Chief Operating Officer Daniel S. Harrison had 4,254 common shares withheld to cover taxes on vested restricted stock. This tax-withholding disposition is coded as an "F" transaction on the Form 4 filing.
Was the Comstock Resources (CRK) COO’s Form 4 transaction an open-market sale?
No, the COO’s Form 4 transaction was not an open-market sale. The 4,254 shares were netted and withheld by the company to satisfy tax obligations on vested restricted shares, as indicated by the "F" transaction code and related footnote.
What does transaction code "F" mean on the Comstock Resources (CRK) Form 4?
Transaction code "F" on the Comstock Resources Form 4 indicates shares used to pay an exercise price or tax liability. In this case, 4,254 shares were withheld to cover taxes on vested restricted stock, rather than being sold in the open market.