Cavanagh Michael J 4

What Happened

• Michael J. Cavanagh, Co-CEO and Director of Comcast Corporation (CMCSA), was granted 325,987 restricted stock units (RSUs) on 2026-02-24. The Form 4 reports this as an award/acquisition (derivative) with a reported price of $0.00 (no cash paid at grant).
• These RSUs represent contingent rights to receive one share of Class A common stock per unit; the performance conditions were satisfied on the grant date, and the RSUs vest 100% on the third anniversary of the grant.

Key Details

• Transaction date: 2026-02-24; Form 4 filed 2026-02-26 (two days after the transaction).
• Amount: 325,987 RSUs granted; reported at $0.00 on the Form 4 (award/derivative transaction).
• Vesting: 100% vests on the 3rd anniversary of the grant date (cliff vesting).
• Footnotes: F1 — each RSU equals one share upon settlement; F2 — RSUs were performance-based and the performance conditions were attained on the transaction date.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Timeliness: filing date indicates a timely Form 4 filing (no late filing flagged in the report).

Context

• This is an equity award, not an open-market purchase or sale — it does not represent an immediate cash investment or disposition. Value will be realized only if and when the RSUs vest and are settled into shares, subject to company policies and potential tax withholdings.
• Performance conditions being satisfied at grant means the award is no longer contingent on future performance, but the holder still faces time-based vesting risk (forfeiture if departing before the vesting date).