BURNS ROLAND O 4

What Happened
Roland O. Burns, President, Chief Financial Officer and a director of Comstock Resources, was granted 94,805 restricted shares on 2026-01-27 at a reported per-share value of $22.47 (aggregate value ~$2,130,268). This was an equity award (transaction code A), not an open-market purchase or sale — it’s compensation rather than a trading signal.

Key Details

• Transaction date: 2026-01-27; Form 4 filed: 2026-01-30 (Accession 0001232893-26-000001). No late-filing flag indicated in the filing.
• Grant: 94,805 restricted shares @ $22.47 per share; total reported value $2,130,268.
• Shares owned after transaction: not specified in the filing.
• Footnote (F1): Restricted share award that vests over three years.
• Transaction code: A (award/acquisition).

Context
Restricted share awards typically vest over time (here, three years) and are intended as compensation or retention incentives. They are not immediate cash purchases and usually cannot be sold until vested; they align executive pay with company performance over the vesting period rather than indicating a short-term trading view.