Form 4: Comerica Executive Vice President Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
J. McGregor Carr, Executive Vice President of Comerica Incorporated, reports disposing of shares to cover tax obligations related to stock awards.
Summary
- On January 24, 2025, J. McGregor Carr, an Executive Vice President at Comerica INC /NEW/ (CMA), disposed of 403, 248, and 646 shares of common stock at a price of $63.27 per share to cover tax obligations.
- Following these transactions, Carr beneficially owns 31,019 shares of Comerica common stock, including shares acquired through employee stock plans, shares purchased with reinvested dividends, and restricted stock units as of January 24, 2025.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance or prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their transactions in company stock. These filings are closely watched by investors seeking insights into management's perspective on the company's value and future prospects.
Key Dates
| Date | Description |
|---|---|
| 01/24/2025 | Date of stock disposal transactions. |
| 01/28/2025 | Date of signature on the Form 4 filing. |
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