COMSTOCK RESOURCES INC·4

Feb 18, 4:13 PM ET

BURNS ROLAND O 4

Research Summary

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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.