Comerica (NYSE: CMA) director converts 7,274 shares in merger
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Comerica Inc. director Jennifer H. Sampson reported the disposition of 7,274 shares of Comerica common stock on February 1, 2026. The transaction occurred when Comerica completed its merger with Fifth Third Bancorp, and each Comerica share was converted into 1.8663 shares of Fifth Third common stock.
All of Sampson’s equity awards were similarly converted into equivalent Fifth Third awards or Fifth Third common stock in line with the merger agreement. Following these merger-related conversions, Sampson no longer beneficially owns any shares of Comerica common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sampson Jennifer H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 7,274 | $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 Jennifer H. Sampson report for Comerica (CMA)?
Jennifer H. Sampson reported disposing of 7,274 shares of Comerica common stock. The transaction was not an open-market sale but part of Comerica’s merger with Fifth Third Bancorp, where each Comerica share was converted into Fifth Third common stock under the merger agreement.
How did the Comerica and Fifth Third merger affect Jennifer H. Sampson’s equity awards?
At the merger’s effective time, all of Sampson’s Comerica equity awards were converted into either equivalent Fifth Third equity awards or Fifth Third common stock. This followed the terms of the previously filed merger agreement and aligned her holdings with the post-merger combined company.
Does Jennifer H. Sampson still own Comerica (CMA) stock after the merger conversion?
No, following the merger-related conversions, Sampson no longer beneficially owns any Comerica common stock. Her former Comerica holdings and equity awards were converted into Fifth Third common stock or equivalent Fifth Third equity awards, eliminating her direct or indirect ownership of Comerica shares.