Comtech (CMTL) Chief Legal Officer Walther Receives 5,883 Shares

What Happened
Donald E. Walther, Chief Legal Officer of Comtech Telecommunications Corp (CMTL), had 5,883 restricted stock units (RSUs) vest on August 11, 2026. The RSUs converted one-for-one into 5,883 common shares. To satisfy tax withholding, 2,010 of those shares were withheld (treated as a disposition) at $1.73 per share for a withholding amount of $3,477, leaving a net delivery of 3,873 shares to Mr. Walther. This was a compensation vesting event (not an open-market purchase or sale).

Key Details

• Transaction date: August 11, 2026; Form 4 filed August 12, 2026 (timely filing).
• Primary action: Vesting/conversion of 5,883 RSUs into common stock (derivative conversion, code M).
• Tax withholding: 2,010 shares withheld to cover federal, state and FICA taxes at $1.73/share, total ~$3,477 (code F).
• Net shares issued to insider: 3,873 (5,883 vested minus 2,010 withheld).
• Footnotes: F1 = RSUs convert 1:1 to common stock; F2 = 2,010 shares withheld for tax; F3 = these 5,883 RSUs were part of a 17,648 RSU grant issued Aug 11, 2023.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context
This was a routine equity-compensation vesting event, not a purchase or an open-market sale. The transaction reflects issuance and tax withholding tied to RSU vesting; it does not, by itself, indicate a buy or sell decision by the insider.