CMCSAComcast
Deals between CMCSA and its directors, executives, owners of more than 5% or their families: a relative on the payroll, a plane the company charters from its CEO, a director's company that buys from it. SEC rules (Item 404) make the company list every such deal over $120,000 in its proxy statement. Below: what the proxy filed 2026-04-24 reports that the one filed 2025-04-25 did not, quoted as filed.
New this year
Paragraphs about a deal, a person or a relative with nothing like them in the proxy filed 2025-04-25.
Nothing new: every deal in this year's section was reported last year too.
No longer reported 1 paragraph of the proxy filed 2025-04-25 with nothing like them this year
Related Party Transactions Policy and Certain Transactions“the materiality and character of the related person’s interest in the transaction; the commercial reasonableness of the terms of the transaction; the benefit and perceived benefit, or lack thereof, to our company; the opportunity costs of alternate transactions; and the actual or apparent conflict of interest of the related person.”
Read it in last year's proxy ↗
New wording of the review policy 1 paragraph without an amount or a name
Related Pa rty Transactions Policy and Certain Transactions“the materiality and character of the related person’s interest in the transaction;”
Read it in the proxy ↗
The whole section 6 paragraphs, proxy filed 2026-04-24
Related Pa rty Transactions Policy and Certain Transactions“We review all transactions, except for certain de minimis transactions as set forth in our related party transactions policy, involving us in which any of our directors, director nominees, significant shareholders and executive officers and their immediate family members are participants, to determine whether such person has a direct or indirect material interest in the transaction. All directors, director nominees and executive officers are required to promptly notify our Chief Legal Officer of any proposed transaction involving us in which such person has a direct or indirect material interest. The proposed transaction is then reviewed by either the independent members of our Board as a whole, the Governance Committee or the Audit Committee to determine whether the proposed transaction is a related party transaction under our policy. In reviewing any related party transaction, the independent members of the Board as a whole, the Governance Committee or the Audit Committee will determine whether or not to approve or ratify the transaction based on all relevant facts and circumstances, including the following:”
Read it in the proxy ↗
Related Pa rty Transactions Policy and Certain Transactions“the materiality and character of the related person’s interest in the transaction;”
Read it in the proxy ↗
• the opportunity costs of alternate transactions; and“If the reviewing body determines that a transaction has potential conflict of interest issues and other circumstances warrant, it may also recommend that a special committee review the transaction. After such review, the reviewing body approves or ratifies the transaction only if it determines that the transaction is in, or not inconsistent with, the best interests of our company and our shareholders. Our related party transactions policy is posted under “Corporate Governance” in the Investors section of our website at www.cmcsa.com.”
Read it in the proxy ↗
Related Party Transactions“Mr. Cavanagh’s daughter is one of our employees. She received approximately $185,000 in compensation and also participated in employee benefit plans on the same basis as other similarly situated employees in 2025.”
Read it in the proxy ↗
Related Party Transactions“Mr. Roberts’ son is one of our employees. He received approximately $840,000 in compensation and also participated in employee benefit plans on the same basis as other similarly situated employees in 2025.”
Read it in the proxy ↗
Related Party Transactions“Mr. Smith’s daughter has been one of our employees since 2014. She received approximately $272,000 in compensation and also participated in employee benefit plans on the same basis as other similarly situated employees in 2025.”
Read it in the proxy ↗
Paragraphs are compared by their words, not read by AI: one counts as new when no paragraph last year shares half of its words, or when it names a person or company last year's section did not. A deal reported again with a new amount is not new. Always check the filing. Open the proxy ↗ · Last year's proxy ↗
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