Form 4: Comstock Resources Executive Newell Clifford Doyle III Reports Stock Transaction
SEC Form 4 Filing
Newell Clifford Doyle III, Chief Commercial Officer of Comstock Resources, reports disposition of shares to cover tax obligations upon vesting of restricted stock.
Summary
- On June 6, 2024, Newell Clifford Doyle III, Chief Commercial Officer of Comstock Resources Inc. (CRK), reported a transaction involving common stock.
- The transaction involved the disposition of 1,639 shares of common stock at a price of $11.72 per share.
- This disposition was related to the netting of shares for tax withholdings on restricted share vest.
- Following the transaction, Newell Clifford Doyle III beneficially owns 72,207 shares of Comstock Resources Inc.
- The transaction was reported on Form 4, filed with the Securities and Exchange Commission.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine transaction related to tax obligations on vested shares.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/06/2024 | Date of the stock transaction (disposition of shares). |
| 06/07/2024 | Date of signature on the Form 4 filing. |
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.