Form 4: Comcast President Michael J Cavanagh Reports Phantom Stock Transaction
SEC Form 4 Filing
Comcast President Michael J Cavanagh reports a transaction involving phantom stock, settling shares for cash under deferred compensation plans.
Summary
- Michael J Cavanagh, President of Comcast Corp, reported a transaction involving phantom stock on January 2, 2025.
- The transaction involved the cash settlement of phantom stock shares under the company's deferred compensation plans.
- Cavanagh directly owns 388,521.823 shares of Class A Common Stock.
- Following the reported transaction, Cavanagh beneficially owns 388,521.823 shares of Class A Common Stock directly and 46,232.499 shares of phantom stock indirectly.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of an insider transaction, with no inherent positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives and their holdings in the company's stock.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of phantom stock transaction |
| 01/03/2025 | Date of signature by Attorney-in-fact |
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