Traub Kenneth 4

What Happened

• Kenneth Traub, Chairman, President & CEO and a director of Comtech (CMTL), had 54,645 restricted stock units (RSUs) vest on January 23, 2026. The RSUs converted one-for-one into common shares (no cash paid on conversion). To cover tax withholding, 22,439 of the newly issued shares were withheld and disposed at $5.87 per share for a total tax withholding value of $131,717. The vesting resulted in a net delivery of 32,206 shares to Traub (54,645 gross − 22,439 withheld).

Key Details

• Transaction date: January 23, 2026; Form 4 filed January 26, 2026 (filing appears timely).
• Primary actions: RSU conversion/vesting (code M) and tax withholding via share retention (code F).
• Withheld shares: 22,439 shares withheld at $5.87/share = $131,717 (footnote: withheld to pay federal, state, and FICA taxes).
• Grant context: These 54,645 vested shares are part of a larger 163,935 RSU award issued to Traub on January 23, 2025.
• Shares owned after transaction: Not specified in the supplied filing data.

Context

• This was not an open-market buy or sale signaling a new purchase; it was the scheduled vesting/settlement of equity compensation. The withholding of shares to satisfy taxes is a common administrative step and does not by itself indicate a change in confidence or intent to trade additional shares.