COMSTOCK RESOURCES (CRK) CFO nets 24,405 shares for tax withholding on vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COMSTOCK RESOURCES INC President & CFO Roland O. Burns reported a routine tax-related share disposition. On June 6, 2026, 24,405 shares of common stock were withheld at $13.00 per share to cover tax obligations on vested restricted shares. After this withholding, Burns directly holds 1,395,174 common shares, indicating he retains a substantial equity position. This Form 4 reflects a compensation-related tax withholding, not an open-market sale or purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BURNS ROLAND O
Role
President & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 24,405 | $13.00 | $317K |
Holdings After Transaction:
Common Stock — 1,395,174 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 24,405 shares
Withholding price per share: $13.00 per share
Shares held after transaction: 1,395,174 shares
+1 more
4 metrics
Shares withheld for taxes
24,405 shares
Tax-withholding disposition on vested restricted shares, June 6, 2026
Withholding price per share
$13.00 per share
Value used for tax-withholding shares on June 6, 2026
Shares held after transaction
1,395,174 shares
Direct common stock holdings following tax withholding
Transaction code
Code F
Payment of tax liability by delivering securities
Key Terms
restricted shares, tax-withholding disposition, Form 4, Common Stock
4 terms
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.
Form 4 regulatory
"This Form 4 reflects a compensation-related tax withholding"
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.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did COMSTOCK RESOURCES INC (CRK) report for Roland O. Burns?
COMSTOCK RESOURCES INC reported that President & CFO Roland O. Burns had 24,405 shares withheld at $13.00 per share to cover taxes on vested restricted shares. This was a tax-withholding disposition, not an open-market sale or purchase, under a Form 4 filing.
Was the CRK Form 4 transaction by Roland O. Burns a stock sale?
No, the transaction was not an open-market sale. The 24,405 shares were withheld by the company at $13.00 per share to satisfy tax liabilities on vested restricted shares, a routine compensation-related event rather than a discretionary sale into the market.
What does transaction code F mean in the CRK Form 4 for Roland O. Burns?
Transaction code F indicates shares were used to pay an exercise price or tax liability. In this case, 24,405 COMSTOCK RESOURCES INC shares were withheld at $13.00 each to cover taxes on vested restricted shares, rather than being sold on the open market.
What role does Roland O. Burns hold at COMSTOCK RESOURCES INC (CRK)?
Roland O. Burns serves as President & Chief Financial Officer of COMSTOCK RESOURCES INC. His Form 4 shows a tax-withholding disposition of 24,405 shares related to vested restricted shares, leaving him with direct ownership of 1,395,174 common shares afterward.