Form 4: Comstock Resources COO Daniel Harrison Reports Routine Stock Transaction for Tax Withholding

Sentiment:

Insider Transaction Report


Comstock Resources Inc.'s Chief Operating Officer, Daniel S. Harrison, reported the disposition of 6,691 shares of common stock at $24.46 per share, primarily for tax withholding purposes related to restricted share vesting.

Summary

  • Daniel S. Harrison, Chief Operating Officer of Comstock Resources Inc. (CRK), filed a Form 4 reporting a transaction.
  • On June 6, 2025, Mr. Harrison disposed of 6,691 shares of Common Stock.
  • The shares were disposed of at a price of $24.46 per share.
  • This transaction was identified as 'F' code, indicating shares netted for tax withholdings on restricted share vest.
  • Following this transaction, Mr. Harrison beneficially owns 747,739 shares of Common Stock directly.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine, non-discretionary transaction for tax purposes, not indicative of positive or negative company performance or insider sentiment.

Future Outlook

NA

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction, specifically for tax withholding purposes related to restricted stock vesting. Such transactions are common across all industries when executives' equity awards vest, and they typically do not reflect a discretionary investment decision or broader industry trends.

Stakeholder Impact

  • This routine transaction has minimal direct impact on shareholders, employees, customers, suppliers, or creditors as it is a standard administrative process related to executive compensation and not a strategic corporate action.

Key Dates

DateDescription
06/06/2025Date of transaction where shares were disposed of for tax withholding.
06/10/2025Date the Form 4 was signed by the reporting person's attorney-in-fact.

Keywords

Comstock Resources, CRK, SEC Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Restricted Stock Units, Chief Operating Officer, Daniel S. Harrison

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