Form 4: Comcast Director Kenneth J. Bacon Reports Stock Transactions

Comcast director Kenneth J. Bacon acquired 5,234 shares of Class A Common Stock and disposed of 81 shares to cover tax obligations on November 20, 2024.

Summary

• On November 20, 2024, Kenneth J. Bacon, a director at Comcast Corp, acquired 5,234 shares of Class A Common Stock.
• The acquisition was made at a price of $0.00 per share.
• On the same day, Mr. Bacon disposed of 81 shares of Class A Common Stock at a price of $42.99 per share.
• This disposal was likely to cover tax obligations related to the acquisition.
• Following these transactions, Mr. Bacon beneficially owns 47,141 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing stock transactions by a company director, which is neither positive nor negative in itself.

Industry Context

This is a routine filing related to a director's stock transactions and is typical for publicly traded companies. It does not indicate any specific trend or event in the broader industry.

Comparison to Industry Standards

• SEC Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders.
• The transactions reported are typical for directors who receive stock-based compensation and may need to sell shares to cover tax liabilities.
• Similar filings are made by directors and officers of all publicly traded companies, such as AT&T, Verizon, and Disney, when they engage in stock transactions.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are related to a director's personal holdings and tax obligations.

Key Dates

Keywords

Comcast, Director, Stock Transaction, Class A Common Stock, Beneficial Ownership, SEC Form 4