Form 4: Comstock Resources Inc: Officer Daniel S. Harrison Reports Acquisition and Disposal of Shares
SEC Form 4
Daniel S. Harrison, Chief Operating Officer of Comstock Resources Inc, reports acquiring and disposing of common stock due to performance share units and tax withholdings.
Summary
- On June 7, 2024, Daniel S. Harrison, the Chief Operating Officer of Comstock Resources Inc, engaged in transactions involving the company's common stock.
- Harrison disposed of 9,112 shares at a price of $11.7 due to tax withholdings on restricted share vest.
- He acquired 140,765 shares from performance share units at $0.00.
- Additionally, 55,391 shares were disposed of at $11.7 for income tax withholdings.
- Following these transactions, Harrison beneficially owns 717,111 shares of Comstock Resources Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing primarily reflects routine transactions related to executive compensation.
Positives
- The acquisition of 140,765 shares from performance share units suggests that performance targets were met.
Industry Context
This filing is a routine disclosure related to executive compensation and does not necessarily indicate a significant trend within the oil and gas industry.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders as they are related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 06/07/2024 | Date of transactions: disposal of shares for tax withholdings, acquisition of shares from performance share units, and disposal of shares for income tax withholdings. |
| 06/10/2024 | Date of signature by attorney-in-fact. |
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