Claunch Brian Christopher 4
Research Summary
AI-generated summary
COMSTOCK (CRK) VP Brian Claunch Withholds 1,374 Shares for Taxes
What Happened
- Brian Christopher Claunch, VP of Financial Reporting at Comstock Resources, had 1,374 restricted shares netted/withheld to cover tax liabilities. The shares were valued at $19.18 each, for a total of $26,353. This was a tax-withholding disposition (not an open-market sale or purchase) tied to vested restricted stock.
Key Details
- Transaction date: 2026-02-12; Filing date: 2026-02-18 (appears not timely — Form 4s are generally due within 2 business days of the transaction).
- Shares withheld/disposed: 1,374 at $19.18 per share; reported value $26,353.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnote: F1 — shares were netted for tax withholdings on vested restricted shares (i.e., company withheld shares to cover tax obligations).
Context
- This was a routine tax-withholding event on vested restricted stock (a common administrative disposition). It should not be treated the same as an intentional open-market sale when assessing insider sentiment. The late filing may be a reporting timing issue but does not change the nature of the transaction.