Comcast (CMCSA) CFO exercises 73,497 options and sells shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COMCAST CORP CFO Jason Armstrong reported multiple share transactions involving company stock. He exercised an option to purchase 73,497 shares at $28.38 per share, converting a derivative award into the same number of shares of Class A Common Stock.
On the same date, he sold 4,494 shares of Class A Common Stock in an open-market transaction at $31.735 per share and disposed of 69,003 shares to cover tax withholding obligations related to the exercise. After these transactions, his direct holdings in Class A Common Stock were 98,902.583 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,494 shares ($142,617)
Net Sell
4 txns
Insider
Armstrong Jason
Role
CFO
Sold
4,494 shs ($143K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option to Purchase | 73,497 | $28.38 | $2.09M |
| Exercise | Class A Common Stock | 73,497 | $28.38 | $2.09M |
| Sale | Class A Common Stock | 4,494 | $31.735 | $143K |
| Tax Withholding | Class A Common Stock | 69,003 | $31.752 | $2.19M |
Holdings After Transaction:
Option to Purchase — 0 shares (Direct);
Class A Common Stock — 172,399.583 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did COMCAST CORP CFO Jason Armstrong report on this Form 4?
Jason Armstrong reported exercising options for 73,497 shares of Comcast Class A Common Stock, then selling 4,494 shares in the open market and disposing of 69,003 shares to cover taxes, leaving 98,902.583 shares held directly after the transactions.
What does the tax-withholding disposition in Jason Armstrong’s Comcast Form 4 mean?
The tax-withholding disposition reflects 69,003 Comcast shares surrendered to cover exercise price or related tax liabilities. Labeled with transaction code “F,” it indicates shares were delivered rather than cash paid, a common method for satisfying tax obligations on equity awards.