4/A: Comtech Exec Amends Stock Filing for Tax Correction

An amended SEC Form 4 filing by Comtech Telecommunications Corp. executive Daniel Gizinski corrects the number of shares withheld for tax purposes.

Summary

• This Form 4/A is an amendment to the original Form 4 filed by Comtech Telecommunications Corp. on August 14, 2025.
• The amendment's sole purpose is to correct an error in the amount of shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act (FICA) tax.
• No other changes were made to the Original Report.
• Daniel Gizinski, President of the S&S Comm. Segment, is the reporting person.
• On August 12, 2025, 1,374 restricted stock units vested and converted into common stock on a one-for-one basis.
• Subsequently, 620 shares were withheld to cover the Reporting Person's tax obligations at a price of $2.08 per share.
• Following these transactions, Daniel Gizinski beneficially owns 25,145 shares of Common Stock Par Value $0.10 Per Share.
• Additionally, 36,104 Restricted Stock Units are beneficially owned by the Reporting Person.

Sentiment

Score: 5

Explanation: The filing is an administrative amendment to correct a minor error in a previous insider transaction report, which has no material impact on the company's financial performance or outlook.

Future Outlook

NA

Industry Context

NA

Key Dates

Recommendation

This Form 4/A is an administrative amendment to correct a minor error in a previously filed insider transaction report regarding tax withholding. It provides no new material information about the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate as this filing does not alter the fundamental investment thesis for Comtech Telecommunications Corp.

Keywords

Comtech Telecommunications, CMTL, SEC Form 4, Insider Transaction, Stock Vesting, Tax Withholding, Restricted Stock Units, Daniel Gizinski