4/A: Comerica EVP Cassandra M. McKinney Reports Share Disposal for Tax Obligations
SEC Filing
Cassandra M. McKinney, EVP of Comerica, filed an amendment to a Form 4, reporting the disposal of 49 shares of common stock to cover tax obligations upon vesting of an award on January 22, 2024.
Summary
- Cassandra M. McKinney, an Executive Vice President at Comerica INC /NEW/, filed an amended Form 4 with the SEC.
- The form reports a transaction that occurred on January 22, 2024.
- McKinney disposed of 49 shares of Comerica common stock at a price of $53.67 per share.
- This disposal was to cover tax obligations related to the vesting of a previous award.
- Following the transaction, McKinney directly owns 14,729 shares of Comerica common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to insider transactions. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This specific filing relates to the standard practice of covering tax obligations through share disposal upon vesting of stock awards.
Key Dates
| Date | Description |
|---|---|
| 01/22/2024 | Date of the share disposal transaction and original filing date. |
| 01/22/2024 | Date of the amendment filing. |
| 04/26/2024 | Date of signature on the report. |
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