Form 4: Comcast Director Edward D. Breen Reports Annuity Payment from GRAT
SEC Form 4 Filing
Director Edward D. Breen reports receiving an annuity payment from a Grantor Retained Annuity Trust (GRAT), resulting in a decrease in his holdings of Comcast Class A Common Stock.
Summary
- On May 14, 2025, Edward D. Breen, a director of Comcast Corp, reported a transaction involving Class A Common Stock.
- The transaction represents an annuity payment to Breen from a Grantor Retained Annuity Trust (GRAT) of which he is not a trustee.
- This resulted in the disposal of 43,850 shares of Class A Common Stock at a price of $0.00 per share.
- Following the transaction, Breen directly owns 58,710.41 shares of Comcast Class A Common Stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to executive compensation and estate planning, with no indication of positive or negative sentiment towards the company's performance.
Industry Context
This filing is a routine disclosure related to executive compensation and personal financial planning, and doesn't necessarily reflect a change in sentiment towards Comcast's prospects.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Date of transaction: annuity payment from GRAT resulting in disposal of shares. |
| 05/15/2025 | Date of signature by Attorney-in-fact. |
Keywords
Form 4, Comcast, Director, Breen, Annuity, GRAT, CMCSA, Class A Common Stock, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.