STOCK TITAN

Comstock Resources (CRK) CEO uses 35,879 shares to cover tax bill

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Comstock Resources Chairman and CEO Jay Allison reported a compensation-related share adjustment. On vested restricted shares, 35,879 shares of common stock were withheld at $13.00 per share to satisfy tax obligations, a non-market transaction. After this tax withholding, he directly holds 2,798,719 common shares.

Positive

  • None.

Negative

  • None.
Insider ALLISON M JAY
Role Chairman & CEO
Type Security Shares Price Value
Tax Withholding Common Stock 35,879 $13.00 $466K
Holdings After Transaction: Common Stock — 2,798,719 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 35,879 shares Common stock withheld for tax obligations on vested restricted shares
Withholding price $13.00/share Value used for tax-withholding disposition of common stock
Shares owned after transaction 2,798,719 shares Common shares directly owned by CEO Jay Allison after withholding
tax withholdings financial
"Shares netted for tax withholdings on vested restricted shares."
vested restricted shares financial
"Shares netted for tax withholdings on vested restricted shares."
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.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
ALLISON M JAY

(Last)(First)(Middle)
5300 TOWN & COUNTRY BLVD.
SUITE 500

(Street)
FRISCO TEXAS 75034

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
COMSTOCK RESOURCES INC [ CRK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chairman & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/06/2026F(1)35,879D$132,798,719D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares netted for tax withholdings on vested restricted shares.
Remarks:
/s/ Roland O. Burns, attorney-in-fact for Mr. Allison06/08/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Comstock Resources (CRK) report for Jay Allison?

Comstock Resources reported that CEO Jay Allison had 35,879 common shares withheld at $13.00 per share to cover taxes on vested restricted stock, a routine compensation-related adjustment rather than an open-market sale, leaving him with 2,798,719 shares directly owned.

Was the CRK CEO’s Form 4 transaction an open-market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 35,879 shares were withheld by the company at $13.00 per share to pay taxes on vested restricted shares, which is a common administrative step for equity compensation.

How many Comstock Resources shares does Jay Allison hold after this Form 4?

After the tax-withholding disposition, Jay Allison directly holds 2,798,719 shares of Comstock Resources common stock. This figure reflects his remaining ownership after 35,879 vested restricted shares were netted out to satisfy related tax obligations at $13.00 per share.

What does the F transaction code mean in the Comstock Resources Form 4?

The F code indicates shares were disposed of to cover exercise price or tax liability. In this case, 35,879 common shares were withheld at $13.00 per share to pay taxes on vested restricted stock, rather than being sold in the open market by the CEO.

How many Comstock Resources shares were used for tax withholding in this filing?

The filing shows 35,879 common shares were withheld at $13.00 per share for tax obligations on vested restricted shares. This reduced the CEO’s reported holdings to 2,798,719 shares but did not involve a discretionary market sale of stock.