Form 4: Comerica Executive Vice President Corey R. Bailey Reports Changes in Beneficial Ownership
SEC Form 4
Corey R. Bailey, Executive Vice President of Comerica Inc., reports a transaction involving the disposition of common stock to cover tax obligations.
Summary
- On October 15, 2024, Corey R. Bailey, an Executive Vice President at Comerica Inc., reported a transaction involving common stock.
- The transaction involved the disposition of 147 shares of common stock at a price of $61.86 per share.
- This disposition was likely to cover tax obligations.
- Following the transaction, Bailey directly owns 25,813 shares of Comerica Inc. common stock.
- Bailey also holds options to purchase several thousand shares of common stock at various exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It simply reports transactions without expressing any positive or negative outlook.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Key Dates
| Date | Description |
|---|---|
| 01/27/2016 | Date from which employee stock options at $42.32 become exercisable. |
| 01/26/2017 | Date from which employee stock options at $32.97 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 147 shares were disposed of at $61.86. |
| 10/17/2024 | Date of signature for the Form 4 filing. |
| 01/27/2025 | Expiration date for employee stock options at $42.32. |
| 01/26/2026 | Expiration date for employee stock options at $32.97. |
| 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. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.