Form 4: Comstock Resources Inc. Executive McGough Reports Stock Transaction
SEC Form 4 Filing
Patrick McGough, Vice President of Operations at Comstock Resources Inc., reports a transaction involving common stock due to tax withholdings on restricted share vest.
Summary
- On June 6, 2024, Patrick McGough, Vice President of Operations at Comstock Resources Inc., reported a transaction involving the company's common stock.
- The transaction involved 1,126 shares being disposed of to cover tax withholdings related to the vesting of restricted shares.
- The price per share for the transaction was $11.72.
- Following the transaction, McGough directly owns 180,720 shares of Comstock Resources Inc.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, so it doesn't significantly impact sentiment.
Industry Context
This is a routine Form 4 filing, which is common for corporate executives who have transactions in their company's stock. It provides transparency into insider transactions.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/06/2024 | Date of the stock transaction (disposal of shares for tax withholdings). |
| 06/07/2024 | Date of signature on the Form 4 filing. |
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