Form 4: Comerica Executive Vice President Reports Stock Transaction
SEC Form 4 Filing
James McGregor Carr, an Executive Vice President at Comerica INC /NEW/, reported the disposition of 385 shares of common stock to cover tax obligations on March 29, 2024.
Summary
- On March 29, 2024, James McGregor Carr, an Executive Vice President at Comerica INC /NEW/, disposed of 385 shares of common stock.
- The transaction was executed to cover tax obligations on shares payable.
- The price per share was $54.99.
- Following the transaction, Carr directly owns 29,361 shares of Comerica common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives. This transaction is related to tax obligations, which is a common reason for stock disposals.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Date of stock transaction (disposal of shares). |
| 04/01/2024 | Date of signature on the report. |
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