Form 4: Comerica Executive Vice President James H. Weber Reports Stock Sales
SEC Form 4 Filing
Executive Vice President James H. Weber of Comerica Inc. reports the sale of company stock on October 24, 2024.
Summary
- James H. Weber, an Executive Vice President at Comerica Inc., filed a Form 4 with the SEC on October 25, 2024.
- The form reports the sale of Comerica Inc. common stock on October 24, 2024.
- Weber sold 6,300 shares at $63.23 per share and 200 shares at $63.22 per share.
- Following the transactions, Weber beneficially owns 15,773 shares of Comerica Inc. common stock.
- Weber also holds employee stock options for various amounts of common stock at exercise prices ranging from $53.96 to $95.25, which vest in annual installments.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports stock sales by an executive, which is a common occurrence. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.
Key Dates
| Date | Description |
|---|---|
| 01/24/2018 | Start date for vesting of employee stock options with an exercise price of $67.66. |
| 01/23/2019 | Start date for vesting of employee stock options with an exercise price of $95.25. |
| 01/22/2020 | Start date for vesting of employee stock options with an exercise price of $80.17. |
| 01/28/2021 | Start date for vesting of employee stock options with an exercise price of $63.15. |
| 01/26/2022 | Start date for vesting of employee stock options with an exercise price of $60.12. |
| 01/25/2023 | Start date for vesting of employee stock options with an exercise price of $92.58. |
| 01/24/2024 | Start date for vesting of employee stock options with an exercise price of $71.16. |
| 01/24/2033 | Expiration date for employee stock options with an exercise price of $71.16. |
| 01/23/2025 | Start date for vesting of employee stock options with an exercise price of $53.96. |
| 10/24/2024 | Date of stock sale transactions. |
| 10/25/2024 | Date of Form 4 filing. |
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