Cavanagh Michael J 4
Research Summary
AI-generated summary
Comcast (CMCSA) Co-CEO Michael J. Cavanagh Sells 50,320 Shares
What Happened
Michael J. Cavanagh, Co-CEO and Director of Comcast Corporation, disposed of 50,320 shares on Feb 2, 2026 at $29.59 per share, generating proceeds of approximately $1,488,969. The filing shows this was a derivative-related disposal: restricted stock units (RSUs) vested on the transaction date and were then disposed.
Key Details
- Transaction date: 2026-02-02; Filing date: 2026-02-03 (filed the next day, i.e., timely).
- Shares disposed: 50,320 at $29.59 each; total value ≈ $1,488,969.
- Security type: Restricted stock units (RSUs) that vested on the transaction date (derivative transaction).
- Footnotes from the filing:
- F1: Each RSU equals a contingent right to one share of Class A common stock.
- F2: Cavanagh had previously elected to defer receipt of shares and notionally reinvest deferred compensation.
- F3: These RSUs vested on the transaction date.
- Shares owned after the transaction: Not specified in the filing.
Context: This was a sale of shares delivered upon RSU vesting (a common compensation/deferral event). Sales of vested RSUs are often routine for tax, diversification, or liquidity reasons and do not necessarily indicate a change in the insider’s view of the company.