RAYMOND MARY JANE 4

What Happened

• Mary Jane Raymond, a director of Comtech Telecommunications Corp. (CMTL), received a grant of 36,620 restricted shares on March 24, 2026. The reported acquisition price is $0.00, meaning no cash was paid at grant; the award represents the right to receive one share per award upon vesting.

Key Details

• Transaction date: 2026-03-24; Form 4 filed: 2026-03-26.
• Transaction type/code: Award/Grant (A).
• Shares granted: 36,620 restricted stock awards; reported acquisition price: $0.00 (grant).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: (F1) Awards granted under the Company’s 2023 Equity and Incentive Plan and represent the right to one share upon vesting. (F2) Vesting generally occurs on the earlier of (i) one year after the grant date or (ii) the Company’s next annual meeting (if that meeting is at least 50 weeks after the prior meeting), subject to continued service.
• Timeliness: Filing appears timely (reported activity 3/24/2026; Form 4 filed 3/26/2026).

Context

• These are restricted stock awards (compensation), not open-market purchases or sales; they do not indicate an immediate cash investment or sale. Vesting conditions and continued service requirements determine when the shares become deliverable. Such grants are common for director compensation and should be viewed as company compensation rather than a direct market-confidence trade.