MYERS FRANKLIN 4
4 · COMFORT SYSTEMS USA INC · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
Comfort Systems USA (FIX) Director Franklin Myers Sells Shares
What Happened Franklin Myers, a director of Comfort Systems USA (FIX), disposed of a total of 5,012 shares on May 7, 2026. The primary transaction was an open-market/private sale of 4,500 shares at an average price of $1,902.57 per share, generating proceeds of $8,561,574. In addition, Myers made three gifts totaling 512 shares (51 + 205 + 256 shares) reported at $0.00 per share; the filing notes these gifts were charitable donations (F1).
Key Details
- Transaction date: May 7, 2026; Form 4 filed May 8, 2026 (timely).
- Sale: 4,500 shares disposed at an average price of $1,902.57; total proceeds reported $8,561,574 (F2 notes average price; detailed per-share prices available on request).
- Gifts: 512 shares donated (51, 205, 256) reported at $0.00; footnote confirms charitable donation (F1).
- Other note: a transfer of shares from direct to indirect beneficial ownership is referenced as exempt under Rule 16a-13 (F3) — this is a change in ownership form, not a sale.
- Shares owned after the transaction are not specified in the provided excerpt of the filing.
Context Gifts (charitable donations) are not market purchases and generally do not signal the director’s trading intent. Sales can reflect personal liquidity needs or portfolio rebalancing and are common for insiders; the filing does not provide a motive. The filing’s F2 indicates the reported sale price is an average and that more detailed price/quantity info is available from the company’s counsel on request.
Insider Transaction Report
- Gift
Common Stock
[F1]2026-05-07−51→ 73,944 total - Gift
Common Stock
[F1]2026-05-07−205→ 73,739 total - Gift
Common Stock
[F1]2026-05-07−256→ 73,483 total - Sale
Common Stock
[F2]2026-05-07$1902.57/sh−4,500$8,561,574→ 68,983 total
- 12,495(indirect: By Partnership)
Common Stock
[F3]
Footnotes (3)
- [F1]This transaction represents a charitable donation.
- [F2]Represents the average price of shares sold; full information regarding the number of shares sold and specific prices will be made available upon request to the Company's Office of the General Counsel.
- [F3]The shares held indirectly were transferred from direct to indirect beneficial ownership in a transaction exempt from Section 16 pursuant to Rule 16a-13.