Form 4: CEO Clemente Gifts Comstock Shares

Comstock Holding Companies CEO Christopher Clemente reported gifting a total of 20,000 Class A Common Stock shares over three days in late December 2025.

Summary

• Christopher Clemente, Chairman & CEO of Comstock Holding Companies, Inc. (CHCI), reported gifting Class A Common Stock shares.
• On December 29, 2025, 10,000 shares of Class A Common Stock were gifted.
• On December 30, 2025, 6,000 shares of Class A Common Stock were gifted.
• On December 31, 2025, 4,000 shares of Class A Common Stock were gifted.
• These transactions were transfers by gift, for which no consideration was received by the reporting person.
• Following these transactions, Clemente's indirect beneficial ownership through CP Real Estate Services, LC, decreased from 772,749 to 752,749 shares.
• Clemente retains significant direct beneficial ownership of 174,990 Class A Common Stock shares.
• Clemente also retains substantial indirect beneficial ownership through various entities: Clemente Investment Management, LC (924,126 Class A shares), FR 54, LLC (684,601 Class A shares and 220,250 Class B shares), Stonehenge Funding, LC (124,465 Class A shares), his spouse (81,329 Class A shares), and various trusts for his children (74,676 Class A shares).

Sentiment

Score: 5

Explanation: Neutral. The filing reports a gift of shares, which is a routine insider transaction often for estate planning or charitable purposes, not a sale for cash. It does not inherently signal positive or negative company performance or outlook.

Positives

• The transactions were gifts, not sales for cash, indicating no immediate intent to liquidate holdings for personal gain.

Negatives

• A reduction in indirect beneficial ownership, even through gifts, technically decreases the insider's stake in the company.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The overall beneficial ownership of the CEO and related entities remains substantial, but the indirect stake slightly decreased due to the gifts. This is a minor change and unlikely to have a significant impact on other shareholders.

Key Dates

Keywords

Comstock Holding Companies, CHCI, Christopher Clemente, Insider Transaction, Form 4, Stock Gift, Beneficial Ownership, Class A Common Stock