Hildebrandt Michael 4
4 · COMTECH TELECOMMUNICATIONS CORP /DE/ · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
Comtech (CMTL) Director Michael Hildebrandt Receives Restricted Stock Award
What Happened
Michael Hildebrandt, a director of Comtech Telecommunications Corp. (CMTL), was granted 36,620 restricted shares on 2026-03-24. The award is reported as an acquisition at $0.00 per share (total reported acquisition value $0) and is a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-24; Form 4 filed: 2026-03-26. Filing appears to be within the typical two-business-day Form 4 deadline.
- Transaction type/code: Award/Grant (A).
- Shares granted: 36,620 restricted shares; reported price: $0.00; reported acquisition value: $0.
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnotes:
- F1: Awards granted under the Company’s 2023 Equity and Incentive Plan; each restricted award represents the right to one share upon vesting.
- F2: Award vests in full on the earlier of (i) one-year anniversary of the grant or (ii) the Company’s next annual meeting (provided that meeting is at least 50 weeks after the prior year’s meeting), subject to continued service.
- No 10b5-1 plan, tax-withholding sale, or cashless exercise noted in the provided details.
Context
Restricted stock awards are a common form of director/executive compensation and represent a right to receive shares upon satisfying vesting conditions (time/service or event-based). Because this is a compensation grant (not an open-market purchase or sale), it should be viewed as pay-related rather than a direct market sentiment signal.
Insider Transaction Report
- Award
Common Stock Par Value $0.10 Per Share
[F1][F2]2026-03-24+36,620→ 73,836 total
Footnotes (2)
- [F1]Restricted stock awards were granted under the Company's 2023 Equity and Incentive Plan, and represent the right to receive one share of common stock of Comtech Telecommunications Corp. upon vesting.
- [F2]The award will generally vest in full on the earlier of (i) the one-year anniversary of the Grant Date; or (ii) the date of the Company's next annual meeting of stockholders following the Grant Date, provided that such meeting occurs at least fifty (50) weeks after the Company's immediately preceding year's annual meeting of stockholders, in each case, subject to continued service through such vesting date.