Comstock VP nets shares for tax withholding
Comstock Resources Vice President of Operations Patrick McGough reported a tax-related share disposition.
Rhea-AI Filing Summary
Comstock Resources Vice President of Operations Patrick McGough reported a tax-related share disposition. On the transaction date, he disposed of 1,312 shares of common stock at $19.18 per share to satisfy tax withholding on vested restricted shares. After this net share withholding, he directly held 238,480 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 1,312 shares
Exercise Price or Tax Liability
1 txn
Insider
McGough Patrick
Role
Vice President of Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,312 | $19.18 | $25K |
Holdings After Transaction:
Common Stock — 238,480 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 did Comstock Resources (CRK) executive Patrick McGough report on this Form 4?
Patrick McGough reported a tax-withholding disposition of 1,312 Comstock Resources common shares at $19.18 per share. The shares were netted to cover taxes on vested restricted shares, not an open-market sale, and he retained 238,480 shares afterward.
Was Patrick McGough’s Comstock Resources Form 4 transaction an open-market sale?
No, the filing describes a tax-withholding disposition, not an open-market sale. The 1,312 shares were netted to pay taxes on vested restricted shares, a routine administrative transaction often seen with equity compensation awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.