Comerica (NYSE: CMA) director exits 48,566-share stake in merger
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Comerica Inc. director Ximena G. Humrichouse reported the disposition of 48,566 shares of Comerica common stock on February 1, 2026. The shares were not sold for cash but were automatically converted at the merger’s effective time into Fifth Third Bancorp common stock.
Each Comerica share was converted into 1.8663 shares of Fifth Third common stock under the merger terms. Following this conversion, the director no longer beneficially owns any Comerica common stock. The closing price of Fifth Third common stock before the effective time was $50.22 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Humrichouse Ximena G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 48,566 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct)
Footnotes (1)
- As previously disclosed in a Current Report on Form 8-K filed with the SEC on February 2, 2026, at 12:01 a.m. ET on February 1, 2026 (the "Effective Time"), the issuer completed its previously announced merger with Fifth Third Bancorp ("Fifth Third"), and each share of the issuer's common stock, $5.00 par value per share, was converted into 1.8663 shares of Fifth Third common stock, no par value ("Fifth Third Common Stock"). All transactions reflected herein are dispositions in connection with the merger. The closing price of Fifth Third Common Stock on the Nasdaq Stock Market LLC on the last trading day prior to the Effective Time was $50.22 per share. At the Effective Time, all equity awards held by the reporting person were converted to (i) an equivalent Fifth Third equity award or (ii) Fifth Third Common Stock, in accordance with the terms set forth in the merger agreement, which was previously filed as Exhibit 2.1 to the Current Report on Form 8-K filed with the SEC on October 9, 2025. As a result of the merger, the reporting person no longer beneficially owns, directly or indirectly, any shares of the issuer's common stock.
FAQ
What insider transaction did Comerica (CMA) disclose for director Ximena G. Humrichouse?
Comerica disclosed that director Ximena G. Humrichouse disposed of 48,566 shares of Comerica common stock. The disposition occurred on February 1, 2026 and resulted from the automatic conversion of Comerica shares into Fifth Third Bancorp shares at the merger’s effective time.
Was the Comerica (CMA) director’s Form 4 transaction a sale for cash?
No, the director’s Form 4 does not reflect a cash sale. The 48,566 Comerica shares were converted into Fifth Third Bancorp common stock as part of the completed merger, recorded at a transaction price of $0.00 per share on the Form 4 table.
Does the Comerica (CMA) director still own any Comerica common stock after the merger?
No, the director no longer beneficially owns Comerica common stock. The Form 4 states that, as a result of the merger with Fifth Third Bancorp, the reporting person now holds zero shares of Comerica, with all prior holdings converted into Fifth Third common stock or equivalent awards.
What stock price reference is given for Fifth Third in the Comerica (CMA) insider filing?
The filing cites a Fifth Third common stock closing price of $50.22 per share. This price reflects trading on the Nasdaq Stock Market on the last trading day before the effective time of the merger, providing context for the share conversion referenced in the Form 4 footnotes.
What happened to the Comerica (CMA) director’s equity awards in the merger?
All equity awards held by the director were converted at the merger’s effective time. They became either equivalent Fifth Third equity awards or shares of Fifth Third common stock, in line with terms set out in the previously filed merger agreement referenced in the Form 4 footnotes.