Armstrong Jason 4

What Happened

• Jason Armstrong, Comcast's Chief Financial Officer, had restricted stock units (RSUs) convert to 103,495 shares on March 1, 2026. The reported transactions show conversion/exercise of derivatives (code M) for 93,142, 5,813 and 4,540 shares (total 103,495) at $0.00 per share. To cover tax liabilities (code F), 47,847 shares were withheld/disposed at $30.96 each, for a total withholding value of $1,481,343. Net shares retained from this vesting event: 55,648.

Key Details

• Transaction date: March 1, 2026.
• Conversion price reported: $0.00 (footnote indicates price is $0.00).
• Withholding tax: 47,847 shares withheld at $30.96 = $1,481,343.
• Footnotes: F2 — each restricted stock unit represents a contingent right to one share; F3 — these RSUs vested on the transaction date.
• Transaction codes: M = exercise/conversion of derivative (RSU conversion), F = payment of exercise price or tax liability (share withholding).
• Filing: Report filed March 3, 2026 — appears timely (Form 4 due within two business days).

Context

• This was an RSU vesting event (award conversion), not an open-market buy or sale intended as a market signal. Shares were withheld to satisfy tax withholding obligations (a routine, cashless method). Such withholding and vesting activity is generally administrative and does not necessarily indicate the insider’s view on the company’s near-term prospects.