Gizinski Daniel 4
Research Summary
AI-generated summary
Comtech (CMTL) President Daniel Gizinski Receives 1,019 RSUs (Vested)
What Happened Daniel Gizinski, President of Comtech’s S&S Communications segment, had 1,019 restricted stock units (RSUs) vest on February 4, 2026. The RSUs converted one-for-one into common shares; 460 of those shares were withheld to satisfy federal, state and FICA tax withholding, leaving a net delivery of 559 shares to Gizinski.
Key Details
- Transaction date: 2026-02-04 (Form 4 filed 2026-02-05 — timely).
- Vesting/conversion: 1,019 RSUs converted into 1,019 common shares (transaction code M).
- Tax withholding: 460 shares withheld at $5.29 per share, totaling $2,433 (transaction code F).
- Net shares received: 1,019 − 460 = 559 shares delivered to the insider.
- Footnotes: These were part of 5,097 RSUs originally awarded on Feb 4, 2022; 1,019 vested in this transaction.
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context This was an RSU vesting event (award conversion), not a purchase or open-market sale. The withholding of shares to cover taxes is a routine administrative step and does not by itself indicate buying or selling intent. Transaction code M denotes exercise/conversion of a derivative (here, RSUs converting to stock); code F denotes shares withheld for tax obligations.