Newell Clifford Doyle III 4

What Happened

• Newell Clifford Doyle III, Chief Commercial Officer of Comstock Resources, had 2,496 shares withheld to cover taxes on vested restricted shares. The shares were valued at $19.18 each for a total disposition of approximately $47,873. This was a tax-withholding/net share settlement (routine disposition), not an open-market sale intended as a liquidity or investment decision.

Key Details

• Transaction date: 2026-02-12; Reporting (Form 4) filed: 2026-02-18 (filed after the typical 2-business-day window).
• Disposition: 2,496 shares at $19.18 per share; total value ≈ $47,873.
• Transaction code: F — net shares withheld to cover tax withholding on vested restricted stock (footnote: shares netted for tax withholdings on vested restricted shares).
• Shares owned after transaction: not specified in the provided filing summary.
• Timeliness: Filing was submitted 6 days after the transaction date (appears late relative to the usual 2-business-day reporting requirement).

Context

• This was a tax-withholding/net settlement tied to vesting of restricted shares — a common, routine administrative transaction that does not necessarily indicate the insider’s view on the company’s prospects. It differs from an open-market sale (which can be used to raise cash) or a purchase (which can be viewed as a stronger bullish signal).