Form 4: Comerica Executive Vice President Larry E. Franco Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Executive Vice President Larry E. Franco of Comerica INC /NEW/ reports acquisition and disposal of common stock and restricted stock units.
Summary
- On January 28, 2025, Larry E. Franco, an Executive Vice President at Comerica INC /NEW/, reported changes in beneficial ownership of the company's securities.
- Franco acquired 2,755 shares of common stock through restricted stock units awarded under the Issuer's Long-Term Incentive Plan.
- The reporting person also disposed of shares.
- Following the reported transactions, Franco beneficially owns 3,814 shares, which includes shares acquired through employee stock plans, shares purchased with reinvested dividends, and restricted stock units as of January 28, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and holdings in the company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 01/28/2025 | Date of earliest transaction: acquisition and disposal of common stock and restricted stock units. |
| 01/30/2025 | Date of signature for the report. |
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