CMA files Form 144 for 2,510-share insider sale via Fidelity on NYSE 08/13/2025
Rhea-AI Filing Summary
Comerica Incorporated (CMA) filed a Form 144 reporting a proposed sale of 2,510 common shares on the NYSE through Fidelity Brokerage Services. The filing lists an aggregate market value of $170,905.90 and shows 128,525,470 shares outstanding for the issuer, with an approximate sale date of 08/13/2025.
The securities were recorded as acquired under Options Granted - 01/26/2016 and the filing states payment will be in cash. The sale represents approximately 0.002% of outstanding shares, indicating a de minimis transfer relative to total shares outstanding. All information below is taken directly from the Form 144 content provided.
Positive
- Rule 144 disclosure completed, providing market transparency about the insider sale
- Sale routed through an established broker (Fidelity Brokerage Services LLC), suggesting a standard execution channel
- Securities originated from options granted on 01/26/2016, indicating the shares derive from a documented equity compensation event
- Payment in cash is specified, clarifying the consideration for the sale
Negative
- None.
Insights
TL;DR Small, routine insider sale disclosed under Rule 144; unlikely to move the market given the size and method.
The Form 144 reports a proposed sale of 2,510 common shares via Fidelity with aggregate value of $170,905.90 and an approximate trade date of 08/13/2025. The securities are noted as arising from options granted on 01/26/2016, and payment is listed as cash. Relative to the reported 128,525,470 shares outstanding, this sale is immaterial in scale (~0.002%). From a market-impact perspective, this is a routine compliance filing that provides transparency about an insider liquidity event.
TL;DR Disclosure aligns with Rule 144 requirements; timing and size suggest standard exercise/sale of option-derived shares.
The notice documents the seller's representation about material information and indicates the transaction will be executed through an institutional broker (Fidelity Brokerage Services LLC) on the NYSE. The acquisition source is specified as the issuer via options granted in 2016, and no other sales in the past three months are reported. As presented, the filing meets procedural disclosure expectations; it raises no governance red flags within the provided facts.