Murdock Daniel C. 4
4 · COMCAST CORP · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Comcast EVP Daniel Murdock Converts RSUs; Shares Withheld for Taxes
What Happened
Daniel C. Murdock, EVP & Chief Accounting Officer of Comcast (CMCSA), had restricted stock units (RSUs) convert to 13,368 shares on March 1, 2026 (four conversions: 4,060; 3,875; 3,163; 2,270). To satisfy tax withholding, 3,280 of those shares were surrendered (four withholdings: 553; 771; 944; 1,012) at $30.96 per share, totaling $101,549. The RSU conversions are recorded as derivative exercises (code M) at $0 acquisition price; the disposals for tax withholding are coded F. Net shares delivered to Murdock after withholding: 10,088.
Key Details
- Transaction date: March 1, 2026. Filing date: March 3, 2026 (timely Form 4 filing).
- Conversion (code M): 4,060; 3,875; 3,163; 2,270 shares — acquisition price $0.00 (these were RSU conversions).
- Tax withholding (code F): 553; 771; 944; 1,012 shares — withheld at $30.96 each, total ~$101,549.
- Shares owned after the transaction: not shown in the provided excerpt.
- Footnotes: F1 — each RSU equals one contingent share; F2 — these RSUs vested on the transaction date.
- No open-market sale or purchase reported — the disposals were solely to cover tax liabilities (routine).
Context
This was a compensation-related conversion of RSUs (not a market purchase or discretionary sale). The pattern — RSUs vesting and shares withheld to pay taxes — is a common, routine corporate payroll/compensation event (a cashless withholding). Such filings document insider equity grants and tax payments but do not necessarily signal a bullish or bearish view by the insider. Transaction codes: M = exercise/conversion of derivative (here, RSU conversion), F = payment of tax liability via share withholding.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
2026-03-01+4,060→ 53,139.05 total - Exercise/Conversion
Class A Common Stock
2026-03-01+3,875→ 57,014.05 total - Exercise/Conversion
Class A Common Stock
2026-03-01+3,163→ 60,177.05 total - Exercise/Conversion
Class A Common Stock
2026-03-01+2,270→ 62,447.05 total - Tax Payment
Class A Common Stock
2026-03-01$30.96/sh−553$17,121→ 61,894.05 total - Tax Payment
Class A Common Stock
2026-03-01$30.96/sh−771$23,870→ 61,123.05 total - Tax Payment
Class A Common Stock
2026-03-01$30.96/sh−944$29,226→ 60,179.05 total - Tax Payment
Class A Common Stock
2026-03-01$30.96/sh−1,012$31,332→ 59,167.05 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-03-01−2,270→ 64,656 totalExercise: $0.00→ Class A Common Stock (2,270 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-03-01−3,163→ 61,493 totalExercise: $0.00→ Class A Common Stock (3,163 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-03-01−3,875→ 57,618 totalExercise: $0.00→ Class A Common Stock (3,875 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-03-01−4,060→ 53,558 totalExercise: $0.00→ Class A Common Stock (4,060 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- [F2]These restricted stock units vest on the transaction date.