COMSTOCK RESOURCES INC·4

Feb 18, 4:16 PM ET

PRESLEY DANIEL K 4

Research Summary

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Comstock (CRK) VP Daniel Presley Nets 1,185 Shares for Taxes

What Happened
Daniel K. Presley, Vice President of Accounting at Comstock Resources (CRK), had 1,185 shares withheld to cover tax obligations on vested restricted shares. The shares were valued at $19.18 each, for a total withholding value of approximately $22,728. This was a withholding/disposition to satisfy tax liability rather than an open-market sale or a purchase.

Key Details

  • Transaction date: 2026-02-12 (reported on Form 4 with Period of Report 2026-02-13; filing date 2026-02-18).
  • Price per share: $19.18; Shares withheld/disposed: 1,185; Total value: ~$22,728.
  • Shares owned after transaction: not stated in the provided filing summary.
  • Footnote: F1 — shares were netted for tax withholdings on vested restricted shares (i.e., shares withheld to cover taxes).
  • Timeliness: Form 4 filed Feb 18 for a Feb 12 transaction (6 days later); this appears late relative to the typical two-business-day filing requirement for Form 4s.

Context
Netting shares for tax withholding is an administrative transaction common when restricted stock vests. It is not the same as a market sale and generally does not carry the same interpretive weight about the insider’s view of the company’s stock.