4/A: Comerica Director Richard G. Lindner Amends SEC Filing to Correct Stock Ownership
SEC Filing Amendment
Richard G. Lindner, a director of Comerica Inc., amended a previous SEC filing to correct the reported amount of securities beneficially owned following a transaction on July 25, 2023.
Summary
- This is an amendment to a Form 4 filing by Richard G. Lindner, a director of Comerica Inc.
- The amendment corrects an administrative error in the original filing from July 27, 2023.
- The error misreported the amount of securities beneficially owned following a reported transaction on July 25, 2023.
- The corrected amount of securities beneficially owned is 64,426, instead of the previously reported 60,360.
- On July 25, 2023, Lindner acquired 2,390 shares of common stock.
- These shares were acquired at a price of $0.
- These shares were restricted stock units granted under Comerica's Long-Term Incentive Plan.
- The restricted stock units are vested 100% on the date of the grant and generally settle one year from the date the director leaves the Board.
Sentiment
Score: 7
Explanation: The document is a routine correction of an administrative error in a regulatory filing. It doesn't indicate any fundamental issues with the company, but accuracy in reporting is important.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, such as directors and officers. Amendments are sometimes necessary to correct errors in the original filings.
Key Dates
| Date | Description |
|---|---|
| 07/25/2023 | Date of the transaction where restricted stock units were acquired. |
| 07/27/2023 | Date of the original Form 4 filing that contained the error. |
| 06/03/2024 | Date of signature on the amended filing. |
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