Form 4: Comtech Telecommunications Corp: Executive VP Nancy Stallone Reports Stock Transactions
SEC Form 4 Filing
Nancy Stallone, Executive VP, Treasurer & Assistant Secretary of Comtech Telecommunications Corp, reports the vesting of restricted stock units and associated tax withholding.
Summary
- On August 10, 2024, Nancy Stallone, Executive VP, Treasurer & Assistant Secretary of Comtech Telecommunications Corp, reported transactions involving common stock.
- 329 restricted stock units vested, converting into common stock on a one-for-one basis.
- 119 shares were withheld to cover federal, state, and FICA tax obligations.
- Following these transactions, Stallone directly owns 51,148 shares of common stock and 9,681 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 08/10/2021 | Date of original grant of 1,642 restricted stock units. |
| 08/10/2024 | Date of transaction: Vesting of 329 restricted stock units and tax withholding. |
| 08/13/2024 | Date of report filing. |
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