Form 4: Comfort Systems USA CFO Reports Forfeiture of Shares
SEC Form 4 Filing
William George III, CFO of Comfort Systems USA, reports the forfeiture of common stock shares related to vested restricted stock units on April 1, 2025.
Summary
- On April 1, 2025, William George III, the CFO of Comfort Systems USA, reported the forfeiture of several tranches of common stock.
- These forfeitures relate to restricted stock units that vested on April 1, 2025.
- The price per share for the forfeited shares is calculated based on the average of the high and low stock price on April 1, 2025.
- Specifically, 297 shares were forfeited related to restricted stock units granted on March 20, 2024, 500 shares were forfeited related to restricted stock units granted on March 21, 2023, and 633 shares were forfeited related to restricted stock units granted on March 23, 2022.
- Following these transactions, George's beneficial ownership of Comfort Systems USA common stock is 47,473 shares.
Sentiment
Score: 5
Explanation: This is a neutral event. It reflects the standard vesting and forfeiture process of restricted stock units, with no inherent positive or negative implications for the company's performance.
Negatives
- The CFO, William George III, forfeited a total of 1430 shares of common stock.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the forfeiture of shares by the CFO, which is a common occurrence related to the vesting schedules of restricted stock units.
Stakeholder Impact
- The forfeiture of shares by the CFO has a minimal direct impact on shareholders, employees, customers, suppliers, and creditors.
Key Dates
| Date | Description |
|---|---|
| 2022-03-23 | Date of grant for restricted stock units related to the forfeiture of 633 shares. |
| 2023-03-21 | Date of grant for restricted stock units related to the forfeiture of 500 shares. |
| 2024-03-20 | Date of grant for restricted stock units related to the forfeiture of 297 shares. |
| 2025-04-01 | Date of the reported transaction (stock forfeiture) and vesting of restricted stock units. |
| 2025-04-03 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, CFO, William George III, Comfort Systems USA, Stock Forfeiture, Restricted Stock Units
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.