BURNS ROLAND O 4
4 · COMSTOCK RESOURCES INC · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Comstock (CRK) President Roland Burns Net Withholds 7,756 Shares
What Happened Roland O. Burns, President, CFO and a director of Comstock Resources, had 7,756 shares withheld to cover tax obligations on vested restricted stock, reducing his holdings by that amount. The shares were valued at $19.18 each, for a total disposition of approximately $148,760. This was a tax-withholding event (routine), not an open-market sale intended as a directional trade.
Key Details
- Transaction date: 2026-02-12; Form 4 filed: 2026-02-18 (appears to be filed after the transaction date).
- Amount: 7,756 shares withheld/disposed at $19.18 per share; total value ≈ $148,760.
- Transaction code: F — shares netted for tax withholding on vested restricted shares (footnote F1).
- Shares owned after the transaction: not specified in the summary provided.
- Filing timeliness: Form 4 filed six days after the transaction date; investors may note the later filing date but the transaction itself is a routine tax-withholding.
Context Net share withholding is a common, administrative way executives satisfy tax liabilities when restricted stock vests; it does not necessarily indicate confidence or a change in view about the company. Because this was a withholding-for-taxes event (not an open-market sale or purchase), it should be interpreted as routine compensation-related activity rather than a directional bet.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-02-12$19.18/sh−7,756$148,760→ 1,447,634 total
Footnotes (1)
- [F1]Shares netted for tax withholdings on vested restricted shares.