Trent T McKenna 4
Research Summary
AI-generated summary
Comfort Systems (FIX) COO Trent McKenna Forfeits Shares for Taxes
What Happened Trent T. McKenna, COO of Comfort Systems USA, had restricted stock units vest on April 1, 2026 and forfeited (surrendered) a total of 817 shares to satisfy tax withholding obligations. The filing reports three withholding dispositions: 266 shares ($380,272), 210 shares ($300,215) and 341 shares ($487,492), all priced at $1,429.60 per share, for a combined value of $1,167,979. These transactions are tax-withholding/forfeiture events (code F), not open-market sell orders.
Key Details
- Transaction date: 2026-04-01; Form filed: 2026-04-03 (timely filing).
- Price used: $1,429.60 per share (average of the high and low on 2026-04-01).
- Shares forfeited/withheld: 266, 210 and 341 (total 817 shares); total value $1,167,979.
- Transaction code: F — payment of exercise price or tax liability (here, withholding on vested RSUs).
- Shares owned after transaction: not disclosed in the provided excerpt.
- Footnotes: indicate these were forfeited shares tied to RSU vesting (vests from grants dated Mar 21, 2023; Mar 20, 2024; Mar 19, 2025) and that pricing is based on the April 1, 2026 average price.
Context These are routine tax-withholding transactions that occur when restricted stock units vest; the company or insider surrenders shares to cover withholding rather than selling in the open market. Such forfeitures do not necessarily signal insider sentiment about the company’s stock — they are administrative actions tied to compensation vesting.