Form 4: Comerica EVP Wendy Bridges Reports Stock Disposal
SEC Form 4
Wendy Bridges, EVP of Comerica, reports the disposal of 111 shares of common stock at $61.86 per share on October 15, 2024, according to a Form 4 filing.
Summary
- On October 15, 2024, Wendy Bridges, an Executive Vice President at Comerica INC /NEW/ (CMA), disposed of 111 shares of common stock at a price of $61.86 per share.
- Following the transaction, Bridges directly owns 20,693 shares of Comerica common stock.
- Bridges also holds multiple employee stock options with varying exercise prices and expiration dates, exercisable in installments.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a routine disclosure of stock transactions by an executive. The sale of a small number of shares is unlikely to significantly impact investor sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge sentiment and potential future stock performance.
Key Dates
| Date | Description |
|---|---|
| 01/24/2018 | Date from which employee stock options at $67.66 become exercisable. |
| 01/23/2019 | Date from which employee stock options at $95.25 become exercisable. |
| 01/22/2020 | Date from which employee stock options at $80.17 become exercisable. |
| 01/28/2021 | Date from which employee stock options at $63.15 become exercisable. |
| 01/26/2022 | Date from which employee stock options at $60.12 become exercisable. |
| 01/25/2023 | Date from which employee stock options at $92.58 become exercisable. |
| 01/24/2024 | Date from which employee stock options at $71.16 become exercisable. |
| 10/15/2024 | Date of the reported transaction where 111 shares of common stock were disposed of. |
| 01/23/2025 | Date from which employee stock options at $53.96 become exercisable. |
| 01/24/2027 | Expiration date for employee stock options at $67.66. |
| 01/23/2028 | Expiration date for employee stock options at $95.25. |
| 01/22/2029 | Expiration date for employee stock options at $80.17. |
| 01/28/2030 | Expiration date for employee stock options at $63.15. |
| 01/26/2031 | Expiration date for employee stock options at $60.12. |
| 01/25/2032 | Expiration date for employee stock options at $92.58. |
| 01/24/2033 | Expiration date for employee stock options at $71.16. |
| 01/23/2034 | Expiration date for employee stock options at $53.96. |
| 10/17/2024 | Date of signature for the Form 4 filing. |
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