Form 4: Comstock Holding Companies Chairman & CEO Christopher Clemente Reports Gift Transfer of Class A Common Stock

Christopher Clemente, Chairman & CEO of Comstock Holding Companies, reports a gift transfer of 8,750 shares of Class A Common Stock on December 31, 2024.

Summary

• Christopher Clemente, Chairman & CEO of Comstock Holding Companies, filed a Form 4 on January 3, 2025, reporting a change in beneficial ownership.
• The transaction involved a gift transfer of 8,750 shares of Class A Common Stock on December 31, 2024.
• The reporting person did not receive any consideration for the transfer.
• Following the transaction, Clemente directly owns 174,990 shares of Class A Common Stock.
• Clemente also indirectly owns shares through various entities and trusts.
• These entities include FR 54, LLC (684,601 shares), CP Real Estate Services, LC (772,749 shares), Clemente Investment Management, LC (924,126 shares), Stonehenge Funding, LC (124,465 shares), his spouse (58,838 shares), and trusts for his children (64,676 shares).
• He also indirectly owns 220,250 shares of Class B Common Stock through FR 54, LLC.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing reporting a gift transfer of shares. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the ownership structure and any changes in holdings by key individuals.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a gift transfer and does not significantly alter the overall ownership structure.

Key Dates