[Form 4] COMERICA INC Insider Trading Activity

Rhea-AI Filing Summary

Comerica Inc. senior executive Peter L. Sefzik reported equity award activity in the company’s stock. On January 15, 2026, he acquired 11,364 shares of common stock at $0 per share, representing the settlement in stock of previously granted performance restricted stock units (SELTPP Units) tied to a three-year performance period ending on December 31, 2025.

On the same date, 4,472 shares of common stock at $91.51 per share were withheld to cover taxes due upon vesting of these SELTPP Units. After these transactions, Sefzik directly beneficially owned 54,312 shares of Comerica common stock, including shares from employee stock plans, dividend reinvestment, and restricted stock units as of January 15, 2026.

Insights

Equity compensation & insider-transactions analyst

Form 4 shows routine vesting of performance stock units and related tax withholding.

The filing reports that Peter L. Sefzik, Sr EVP & Chief Banking Officer of Comerica Inc., received 11,364 shares of common stock at $0 on January 15, 2026. Footnotes explain these shares came from performance restricted stock units (SELTPP Units) granted on January 24, 2023, which vest after a three-year performance period ending December 31, 2025.

The same day, 4,472 shares at $91.51 were withheld to cover taxes on the vesting, a standard mechanism where the issuer retains shares instead of the insider paying cash. After these actions, Sefzik directly held 54,312 shares, which the note states includes employee plan shares, dividend reinvestment, and restricted stock units as of January 15, 2026. The transactions reflect normal equity compensation settlement rather than an open-market discretionary sale.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Sefzik Peter L

Role Sr EVP & Chief Banking Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	11,364	$0.00	--
Tax Withholding	Common Stock	4,472	$91.51	$409K

Holdings After Transaction: Common Stock — 58,784 shares (Direct)

Footnotes (1)

1. Represents performance restricted stock units ("SELTPP Units") granted to the reporting person on January 24, 2023. The SELTPP units are settled in stock and vest in one installment following certification of results for a three-year performance period ending on December 31, 2025. Includes shares acquired through employee stock plans, shares purchased with reinvested dividends and restricted stock units as of January 15, 2026. Reflects shares withheld for taxes on shares payable on vesting of SELTPP Units.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sefzik Peter L

(Last) (First) (Middle)

1717 MAIN STREET

MC 6507

(Street)

DALLAS TX 75201

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
COMERICA INC [ CMA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr EVP & Chief Banking Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/15/2026		A		11,364(1)	A	$0	58,784(2)	D
Common Stock	01/15/2026		F		4,472(3)	D	$91.51	54,312(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents performance restricted stock units ("SELTPP Units") granted to the reporting person on January 24, 2023. The SELTPP units are settled in stock and vest in one installment following certification of results for a three-year performance period ending on December 31, 2025.

2. Includes shares acquired through employee stock plans, shares purchased with reinvested dividends and restricted stock units as of January 15, 2026.

3. Reflects shares withheld for taxes on shares payable on vesting of SELTPP Units.

Remarks:

	/s/ Steven Franklin, on behalf of Peter L. Sefzik through Power of Attorney	01/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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