Form 4: Comstock Resources VP of Accounting, Daniel K. Presley, Reports Stock Transaction
SEC Form 4 Filing
Daniel K. Presley, VP of Accounting at Comstock Resources, reports disposition of shares to cover tax obligations upon vesting of restricted stock.
Summary
- On June 6, 2024, Daniel K. Presley, VP of Accounting at Comstock Resources, reported a transaction involving the disposition of 1,091 shares of common stock.
- The shares were disposed of to cover tax withholdings related to the vesting of restricted shares.
- The transaction was executed at a price of $11.72 per share.
- Following the transaction, Presley directly owns 214,208 shares of Comstock Resources common stock.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, so the sentiment is neither positive nor negative.
Industry Context
This is a routine Form 4 filing, indicating insider transactions. These filings are common and provide transparency into the trading activities of company insiders. It is a normal part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 06/06/2024 | Date of stock transaction (disposal of shares). |
| 06/07/2024 | Date of signature on the Form 4 filing. |
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