Form 4: Comstock Resources COO Daniel Harrison Reports Routine Stock Transaction for Tax Withholding
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
| Date | Description |
|---|---|
| 06/06/2025 | Date of transaction where shares were disposed of for tax withholding. |
| 06/10/2025 | Date 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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