Form 4: Comcast Director Edward D. Breen Transfers Shares to Grantor Retained Annuity Trust (GRAT)
SEC Filing
Director Edward D. Breen reported a transaction involving the transfer of 55,250 shares of Comcast Corp Class A Common Stock to a Grantor Retained Annuity Trust (GRAT) on March 17, 2025.
Summary
- On March 17, 2025, Edward D. Breen, a director of Comcast Corp, transferred 55,250 shares of Class A Common Stock.
- The shares were transferred to a Grantor Retained Annuity Trust (GRAT).
- Following the transaction, Breen directly owns 14,317.41 shares of Class A Common Stock.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (transfer to a GRAT) and doesn't inherently indicate positive or negative sentiment from an investment perspective.
Industry Context
Transactions of this nature are common among corporate executives for estate planning purposes, often utilizing GRATs to manage and transfer wealth.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of transaction: Transfer of shares to GRAT |
| 03/19/2025 | Date of signature on the report |
Keywords
Form 4, Comcast, Director, Breen, CMCSA, Share Transfer, GRAT, Beneficial Ownership
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