Form 4: Comcast Executive Thomas J. Reid Reports Stock Transactions
SEC Form 4 Filing
Thomas J. Reid, Chief Legal Officer and Secretary of Comcast Corp, reports acquisition and disposal of Class A Common Stock and derivative securities.
Summary
- Thomas J. Reid, a Chief Legal Officer and Secretary at Comcast Corp, filed a Form 4 detailing changes in beneficial ownership.
- On January 2, 2025, Reid acquired 11,700 shares of Class A Common Stock at $0.00 through the conversion of restricted stock units.
- On the same day, Reid disposed of 3,943 shares of Class A Common Stock at $37.42.
- Reid also settled 1,701.338 shares of phantom stock for cash at $37.42 per share.
- Following these transactions, Reid directly owns 69,810.38 shares of Class A Common Stock and 64,060 restricted stock units, and indirectly owns 1,710.876 shares of phantom stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document is a standard SEC filing reporting stock transactions. It doesn't inherently convey positive or negative information about the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency to investors regarding insider activity but doesn't necessarily indicate broader industry trends.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock transactions.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of earliest transaction: acquisition of Class A Common Stock, disposal of Class A Common Stock, and settlement of phantom stock. |
| 01/03/2025 | Date of signature by Attorney-in-fact, Elizabeth Wideman. |
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