Form 4: Comstock Resources VP of Accounting, Daniel K. Presley, Reports Stock Transactions

Daniel K. Presley, VP of Accounting at Comstock Resources, reports the acquisition and disposal of common stock due to tax withholdings and performance share units.

Summary

• On June 7, 2024, Daniel K. Presley, VP of Accounting at Comstock Resources, reported transactions involving the company's common stock.
• Presley disposed of 1,625 shares to cover tax withholdings at a price of $11.7 per share.
• He also acquired 37,064 shares from performance share units at $0.00.
• Additionally, 9,025 shares were disposed of for income tax withholdings at $11.7 per share.
• Following these transactions, Presley beneficially owns 240,622 shares of Comstock Resources.
• The transactions were reported on Form 4, filed with the SEC.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing stock transactions, with no inherent positive or negative sentiment.

Positives

• Presley acquired 37,064 shares from performance share units, indicating achievement of performance goals.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in beneficial ownership, but the overall effect is likely minimal.

Key Dates