Form 4: Comerica Executive Vice President Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Executive Vice President of Comerica, James McGregor Carr, reports a transaction involving common stock related to tax withholding on vested restricted stock units.

Summary

  • On April 30, 2025, James McGregor Carr, an Executive Vice President at Comerica INC /NEW/ (CMA), had shares withheld for taxes related to the vesting of restricted stock units.
  • A total of 132 shares of common stock were disposed of to cover these taxes at a price of $53.75 per share.
  • Following the transaction, Carr beneficially owns 37,471 shares of Comerica common stock, which includes shares acquired through employee stock plans, shares purchased with reinvested dividends, and restricted stock units as of April 30, 2025.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a standard transaction related to executive compensation. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It is a standard practice for executives to have shares withheld to cover taxes upon the vesting of restricted stock units.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders, as it is a routine adjustment to the executive's stock holdings.

Key Dates

DateDescription
04/30/2025Date of the transaction involving the disposal of shares for tax withholding.
05/01/2025Date of signature for the Form 4 filing.

Keywords

beneficial ownership, Form 4, Comerica, CMA, executive compensation, stock options, restricted stock units, insider trading

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