Executive tax-withholding share disposition at Comstock Resources (CRK)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Comstock Resources Inc. vice president of land Sanders LaRae Lynn reported a tax-withholding disposition of 1,940 shares of common stock. The shares were netted on vested restricted stock to cover tax withholdings at a price of $19.85 per share. After this transaction, Lynn directly owned 257,919 Comstock Resources shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sanders LaRae Lynn
Role
Vice President of Land
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,940 | $19.85 | $39K |
Holdings After Transaction:
Common Stock — 257,919 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Comstock Resources (CRK) report for Sanders LaRae Lynn?
Comstock Resources reported that executive Sanders LaRae Lynn disposed of 1,940 common shares through tax withholding on vested restricted stock. This non-open-market transaction covered tax obligations and left Lynn directly holding 257,919 shares after the adjustment.
Was the Comstock Resources Form 4 transaction an open-market sale?
No, the Form 4 transaction was not an open-market sale. The 1,940 shares were withheld to satisfy tax liabilities on vested restricted shares, a common administrative adjustment rather than a discretionary stock sale in the open market.
What does transaction code F mean in the Comstock Resources Form 4?
Transaction code F on the Form 4 indicates payment of an exercise price or tax liability by delivering securities. In this case, 1,940 Comstock Resources shares were withheld from vested restricted stock to cover associated tax withholdings for the reporting executive.