Comtech (CMTL) President Daniel Gizinski Receives RSU Vesting

What Happened Daniel Gizinski, President of the S&S Communications segment at Comtech (CMTL), had 280 restricted stock units (RSUs) vest on August 10, 2026. The RSUs converted into common shares on a one-for-one basis; 127 of those shares were withheld to satisfy federal, state and FICA tax obligations (withholding valued at $1.72 per share, $218 total).

Key Details

• Transaction date: August 10, 2026; Form 4 filed August 11, 2026 (appears timely under the two-business-day rule).
• Nature of transactions: conversion/vesting of RSUs (transaction code M) and tax withholding (transaction code F).
• Shares vesting: 280 RSUs vested (these were part of 1,400 RSUs issued on Aug 10, 2021; footnote indicates 280 vested now).
• Tax withholding: 127 shares were withheld to cover taxes at $1.72/share for total withholding of $218.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 (RSUs convert 1:1 to common stock), F2 (127 shares withheld for federal/state/FICA tax), F3 (280 of 1,400 RSUs issued 8/10/2021 vested).

Context This was not an open-market purchase or sale by the insider but routine equity compensation vesting and cashless withholding to cover taxes. Such filings commonly reflect compensation vesting rather than a buy or sell signal; purchases tend to be more informative about insider sentiment.