COMTECH TELECOMMUNICATIONS CORP /DE/·4

Mar 26, 4:57 PM ET

Quinlan Mark R. 4

Research Summary

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Updated

Comtech (CMTL) Director Mark Quinlan Receives 36,620 RSUs

What Happened

  • Mark R. Quinlan, a director of Comtech Telecommunications Corp. (CMTL), was granted 36,620 restricted stock units (RSUs) on March 24, 2026. The reported acquisition price is $0.00 because these RSUs are awards that convert to common stock upon vesting rather than an open‑market purchase or sale. This is an equity award (not a cash purchase or sale).

Key Details

  • Transaction date: 2026-03-24; Filing date: 2026-03-26 (filed two days after the grant).
  • Award: 36,620 restricted stock units; reported price: $0.00 (derivative award).
  • Vesting: RSUs vest in full on the earlier of (i) the one‑year anniversary of the grant date or (ii) the Company’s next annual meeting of stockholders (if that meeting is at least 50 weeks after the prior year’s meeting), subject to continued service. (See footnote F2.)
  • Nature of award: Each RSU represents the right to receive one share of Comtech common stock upon vesting. (Footnote F1.)
  • Beneficial ownership: The reporting person disclaims beneficial ownership of the securities except to the extent of his pecuniary interest. (Footnote F3.)
  • Shares owned after transaction: Not specified in the Form 4 filing.

Context

  • This was an equity compensation grant to a director (an award), which is standard corporate practice for retention/compensation and does not itself indicate a purchase or sale view of the stock. The filing appears timely based on the reported transaction and filing dates.