Form 4: Comerica Executive Vice President Michael T. Ritchie Reports Changes in Beneficial Ownership

Executive Vice President Michael T. Ritchie of Comerica INC /NEW/ reports changes in beneficial ownership of common stock due to the disposition of shares to cover tax obligations.

Summary

• On January 24, 2025, Michael T. Ritchie, an Executive Vice President at Comerica INC /NEW/, reported changes in his beneficial ownership of the company's common stock.
• The transactions involved the disposition of shares to satisfy tax obligations related to stock awards.
• Specifically, 305 shares were disposed of at a price of $63.27, followed by 198 shares at $63.27, and then 546 shares at $63.27.
• Following these transactions, Ritchie's direct ownership of Comerica common stock is 31,429 shares.
• The report also mentions that the reported holdings include shares acquired through employee stock plans, shares purchased with reinvested dividends, restricted stock units, and stock units held pursuant to a deferred compensation plan as of January 24, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This is a routine filing related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions have a minimal impact on shareholders, as they are related to individual executive compensation and tax obligations.

Key Dates