Comstock Resources (CRK) VP uses 1,251 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Comstock Resources VP of Financial Reporting Brian Christopher Claunch reported a routine share disposition related to taxes. On the transaction date, 1,251 shares of Common Stock were withheld at $13.00 per share to cover tax obligations on vested restricted shares, rather than sold in the open market. Following this tax-withholding event, he directly holds 98,330 shares of Comstock Resources common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Claunch Brian Christopher
Role
VP of Financial Reporting
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,251 | $13.00 | $16K |
Holdings After Transaction:
Common Stock — 98,330 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares used for tax withholding: 1,251 shares
Tax withholding price: $13.00 per share
Shares held after transaction: 98,330 shares
+2 more
5 metrics
Shares used for tax withholding
1,251 shares
Common Stock, tax-withholding disposition
Tax withholding price
$13.00 per share
Value applied to withheld shares
Shares held after transaction
98,330 shares
Direct holdings following Form 4 event
Tax-withholding transactions
1 transaction
TransactionSummary taxWithholdingCount
Total shares withheld for taxes
1,251 shares
TransactionSummary taxWithholdingShares
Key Terms
Form 4, tax withholdings, restricted shares, VP of Financial Reporting
4 terms
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.
tax withholdings financial
"Shares netted for tax withholdings on vested restricted shares."
VP of Financial Reporting financial
""officer_title": "VP of Financial Reporting""
FAQ
What insider transaction did Comstock Resources (CRK) report for Brian Christopher Claunch?
Comstock Resources reported that VP of Financial Reporting Brian Christopher Claunch had 1,251 common shares withheld at $13.00 each to satisfy tax obligations on vested restricted shares, a routine compensation-related Form 4 transaction rather than an open-market trade.
Was the Comstock Resources (CRK) Form 4 a buy or sell transaction?
The Form 4 shows a tax-withholding disposition, not an open-market buy or sell. 1,251 shares were withheld to pay taxes on vested restricted shares, which is a standard administrative step tied to equity compensation.
What does transaction code F mean in the Comstock Resources (CRK) Form 4?
Transaction code F indicates shares were used to pay exercise price or tax liability. In this filing, 1,251 shares were netted for tax withholdings on vested restricted shares, reflecting a compensation-related event instead of a discretionary market trade.