Form 4: Comerica Inc. Executive Megan D. Crespi Reports Stock Transaction
SEC Form 4 Filing
Megan D. Crespi, SEVP & COO of Comerica Inc., reports the disposal of 136 shares of common stock to cover tax obligations related to vesting restricted stock units on April 30, 2024.
Summary
- On April 30, 2024, Megan D. Crespi, SEVP & COO of Comerica Inc., disposed of 136 shares of common stock.
- The transaction was to cover taxes on shares payable on the vesting of Restricted Stock Units.
- The shares were disposed of at a price of $50.17 per share.
- Following the transaction, Crespi directly owns 39,151 shares of Comerica Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, and does not indicate a significant change in the executive's sentiment towards the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. This allows investors to track insider sentiment and potential alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 04/30/2024 | Date of stock transaction where 136 shares were disposed of to cover taxes on vesting Restricted Stock Units. |
| 05/02/2024 | Date of signature for the report. |
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