Comfort Systems (FIX) SVP forfeits 273 RSU shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Reed Terrence reported disposition transactions in this Form 4 filing.
Comfort Systems USA senior vice president and CHRO Terrence Reed reported three small tax-related share forfeitures tied to restricted stock unit vesting. On April 1, 2026, a total of 273 shares of common stock were forfeited to cover tax obligations at a price based on the average of the high and low stock price that day. After these non‑market transactions, Reed directly holds 2,968 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Reed Terrence
Role
SVP & CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 98 | $1,429.595 | $140K |
| Tax Withholding | Common Stock | 82 | $1,429.595 | $117K |
| Tax Withholding | Common Stock | 93 | $1,429.595 | $133K |
Holdings After Transaction:
Common Stock — 3,143 shares (Direct)
Footnotes (1)
- Forfeited shares are related to restricted stock units that vested on April 1, 2026 and were priced based on the average of the high and low stock price on April 1, 2026. Reflects forfeited shares related to the first vesting of restricted stock units granted on March 19, 2025. Price is based on the average of the high and low stock price on April 1, 2026. Reflects forfeited shares related to the second vesting of restricted stock units granted on March 20, 2024. Reflects forfeited shares related to the third and final vesting of restricted stock units granted on March 21, 2023.
Key Figures
Tax-withholding shares: 273 shares
Forfeiture price: $1,429.5950 per share
Post-transaction holdings: 2,968 shares
+3 more
6 metrics
Tax-withholding shares
273 shares
Total shares forfeited for tax obligations on April 1, 2026
Forfeiture price
$1,429.5950 per share
Average of high and low stock price on April 1, 2026
Post-transaction holdings
2,968 shares
Common stock held directly by Terrence Reed after transactions
First forfeiture lot
98 shares
Common stock forfeited in a tax-withholding disposition on April 1, 2026
Second forfeiture lot
82 shares
Additional common stock forfeited for tax withholding on April 1, 2026
Third forfeiture lot
93 shares
Common stock forfeited for tax withholding on April 1, 2026
Key Terms
restricted stock units, tax-withholding disposition, forfeited shares, vesting, +1 more
5 terms
restricted stock units financial
"Forfeited shares are related to restricted stock units that vested on April 1, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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.
vesting financial
"related to restricted stock units that vested on April 1, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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 COMFORT SYSTEMS USA INC (FIX) report for Terrence Reed?
COMFORT SYSTEMS USA reported that SVP & CHRO Terrence Reed forfeited 273 shares of common stock. These were tax-withholding dispositions related to restricted stock units that vested on April 1, 2026, rather than open-market sales or discretionary trades.
Are the COMFORT SYSTEMS USA (FIX) Form 4 transactions open-market sales?
No, the transactions are not open-market sales. They are coded as F, meaning shares were forfeited to pay tax liabilities on vested restricted stock units. The filing describes them as tax-withholding dispositions rather than discretionary buying or selling.