Comfort Systems USA director sells 4,500 shares
COMFORT SYSTEMS USA INC director Franklin Myers reported multiple stock transactions in company shares.
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Form Type
4
Rhea-AI Filing Summary
COMFORT SYSTEMS USA INC director Franklin Myers reported multiple stock transactions in company shares. He completed an open-market sale of 4,500 shares of Common Stock and also made several charitable stock gifts classified as bona fide gifts. In addition, a block of shares was moved from direct to indirect beneficial ownership through a partnership interest in a transaction exempt from Section 16 under Rule 16a-13. After these activities, he continues to hold a substantial direct and indirect ownership position in the company.
Insider Trade Summary
Net Seller: 4,500 shares
Net Sell
5 txns
Insider
MYERS FRANKLIN
Role
Director
Sold
4,500 shs ($8.56M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 51 | $0.00 | $0.00 |
| Gift | Common Stock | 205 | $0.00 | $0.00 |
| Gift | Common Stock | 256 | $0.00 | $0.00 |
| Sale | Common Stock | 4,500 | $1,902.572 | $8.56M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 68,983 shares (Direct);
Common Stock — 12,495 shares (Indirect, Partnership Interest)
Footnotes (3)
- F1. This transaction represents a charitable donation.
- F2. Represents the average price of shares sold; full information regarding the number of shares sold and specific prices will be made available upon request to the Company's Office of the General Counsel.
- F3. The shares held indirectly were transferred from direct to indirect beneficial ownership in a transaction exempt from Section 16 pursuant to Rule 16a-13.
Key Figures
Shares sold: 4,500 shares
Average sale price: $1,902.5720 per share
Direct shares after sale transaction: 68,983 shares
+3 more
6 metrics
Shares sold
4,500 shares
Open-market sale of Common Stock on 2026-05-07
Average sale price
$1,902.5720 per share
Average price for 4,500 shares sold; detailed prices on request
Direct shares after sale transaction
68,983 shares
Direct Common Stock holdings following the reported sale entry
Gifted shares
512 shares
Total Common Stock transferred as bona fide gifts on 2026-05-07
Indirectly held shares
12,495 shares
Common Stock held indirectly through a partnership interest
Net buy/sell shares
4,500 shares net sell
Net effect of buy/sell activity across reported transactions
Key Terms
open-market sale, bona fide gift, Partnership Interest, Section 16, +1 more
5 terms
open-market sale financial
"Transaction code S is described as an open-market sale or private transaction."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
bona fide gift financial
"G-coded transactions are labeled as a bona fide gift of Common Stock."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Partnership Interest financial
"Indirect ownership is reported with the nature of ownership listed as Partnership Interest."
Section 16 regulatory
"A footnote notes the transfer was exempt from Section 16 pursuant to Rule 16a-13."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
Rule 16a-13 regulatory
"The shares were transferred from direct to indirect ownership under Rule 16a-13."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Franklin Myers report for COMFORT SYSTEMS USA INC (FIX)?
Franklin Myers reported an open-market sale of Common Stock and several bona fide stock gifts. He also recorded a transfer of shares from direct to indirect beneficial ownership via a partnership interest, classified as exempt under Rule 16a-13 of Section 16.
Did Franklin Myers make any gifts of COMFORT SYSTEMS USA INC (FIX) stock?
Yes. The Form 4 shows multiple bona fide gifts of COMFORT SYSTEMS USA INC Common Stock totaling 512 shares. A footnote clarifies that at least one of these dispositions represents a charitable donation, indicating shares were transferred without consideration to a charitable recipient.
What does the indirect ownership entry for Franklin Myers in COMFORT SYSTEMS USA INC (FIX) mean?
The filing lists 12,495 shares held indirectly through a partnership interest. A footnote explains these shares were transferred from direct to indirect beneficial ownership in a transaction exempt from Section 16 under Rule 16a-13, reflecting a change in how the holdings are structured, not an open-market trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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