11/05/2026 | Press release | Distributed by Public on 11/05/2026 17:04
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Restricted Stock Units | (1) | 11/03/2026 | A | 1,214,093 | (2) | (2) | Common Stock Par Value $0.10 Per Share | 1,214,093 | $ 0 | 1,630,401 | D | ||||
| Cash-settled Restricted Stock Units | (3) | 11/03/2026 | A | 1,062,330 | (4) | (4) | Common Stock Par Value $0.10 Per Share | 1,062,330 | $ 0 | 1,062,330 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Traub Kenneth 305 N 54TH STREET CHANDLER, AZ 85226 |
X | Chairman, President and CEO | ||
| /s/ Michael C. Shay, Attorney-in-Fact for Kenneth Traub | 11/05/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Restricted stock units 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 of the unit. |
| (2) | Generally, the restricted stock units will vest in installments over a three year period, at a rate of one-third on the first through third anniversaries of the grant, assuming continued service as an employee. Shares of common stock corresponding to vested units will be delivered to the Reporting Person within 60 days of vesting. |
| (3) | Cash-settled restricted stock units were granted under the Company's 2023 Equity and Incentive Plan, and represent the right to receive a cash payment equal to the fair market value of one share of common stock of Comtech Telecommunications Corp. upon vesting of the unit. |
| (4) | Generally, the cash-settled restricted stock units will vest in installments over a three-year period, at a rate of one-third on the first through third anniversaries of the grant, assuming continued service as an employee. The Reporting Person shall receive a cash payment equal to the fair market value of one share of common stock, determined on the applicable vesting date, with respect to each vested RSU subject to the award, within 60 days of vesting, less any amount withheld to satisfy the Reporting Persons federal, state, and Federal Insurance Contributions Act ("FICA") tax. |