Comstock CEO withholds 32,102 shares for taxes
COMSTOCK RESOURCES INC Chairman & CEO M. Jay Allison reported a tax-withholding disposition of 32,102 shares of common stock on vested restricted shares at $19.18 per share.
Rhea-AI Filing Summary
COMSTOCK RESOURCES INC Chairman & CEO M. Jay Allison reported a tax-withholding disposition of 32,102 shares of common stock on vested restricted shares at $19.18 per share. After this automatic withholding transaction, Allison directly owns 2,895,357 shares of Comstock Resources common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 32,102 shares
Exercise Price or Tax Liability
1 txn
Insider
ALLISON M JAY
Role
Chairman & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 32,102 | $19.18 | $616K |
Holdings After Transaction:
Common Stock — 2,895,357 shares (Direct)
Footnotes (1)
- F1. Shares netted for tax withholdings on vested restricted shares.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Comstock Resources (CRK) report for M. Jay Allison?
Comstock Resources reported that Chairman and CEO M. Jay Allison had 32,102 common shares withheld for taxes on vested restricted shares at $19.18 per share. This was a tax-withholding disposition, not an open-market purchase or sale.
Was the Comstock Resources (CRK) insider transaction an open-market sale?
No, the Comstock Resources insider transaction was not an open-market sale. The 32,102 shares were netted for tax withholdings on vested restricted shares, classified as a tax-withholding disposition under transaction code F.
What does transaction code F mean in the Comstock Resources (CRK) Form 4?
Transaction code F in the Comstock Resources Form 4 indicates payment of an exercise price or tax liability by delivering securities. Here, 32,102 shares were withheld to satisfy tax obligations on vested restricted shares held by M. Jay Allison.
AI-generated analysis. How Rhea-AI works. Not financial advice.