BURNS ROLAND O 4

What Happened
Roland O. Burns, President, Chief Financial Officer and a director of Comstock Resources, had 28,055 shares withheld to cover tax liabilities related to vested restricted shares. The withholding was recorded as a disposition at $19.85 per share, totaling roughly $556,892. This was a tax-withholding/netting transaction (code F), not an open-market sale.

Key Details

• Transaction date: 2026-02-19; reported on Form 4 filed 2026-02-20.
• Price per share: $19.85; total value of shares withheld: ~$556,892.
• Shares involved: 28,055 netted for taxes (disposition code F).
• Shares owned after the transaction: not specified in the filing.
• Footnote: F1 — shares netted for tax withholdings on vested restricted shares.
• Timeliness: Filed the next day (appears timely; no late filing flagged).

Context
This was a routine tax-withholding (net share settlement) on vested restricted stock — common when restricted shares vest and the company withholds shares to satisfy tax obligations. Such transactions are administrative and do not necessarily indicate the insider is reducing exposure by selling shares on the market.