Form 4: Comerica Executive Vice President James Weber Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Executive Vice President James Weber of Comerica Inc. reports acquisition and disposal of common stock due to performance restricted stock units and tax withholdings.
Summary
- On February 26, 2024, James Weber, an Executive Vice President at Comerica Inc., reported changes in his beneficial ownership of the company's common stock.
- He acquired 5,835 shares of common stock related to performance restricted stock units at a price of $0.
- Weber also disposed of 2,297 shares of common stock at $48.97 per share to cover tax obligations.
- Following these transactions, Weber beneficially owns 22,626 shares of Comerica Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which is important for maintaining market confidence.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of stock acquisition and disposal. |
| 02/28/2024 | Date of signature on the report. |
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