Comerica (CMA) EVP Moore converts all shares in Fifth Third merger
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Comerica Incorporated executive Christine M. Moore reported the automatic conversion of all her Comerica holdings in connection with the company’s merger with Fifth Third Bancorp. On February 1, 2026, Moore disposed of 44,084 shares of Comerica common stock at a stated price of $0, reflecting that the transaction was a stock-for-stock merger rather than an open-market sale.
Each Comerica share was converted into 1.8663 shares of Fifth Third common stock, and all of Moore’s Comerica stock options were converted into corresponding Fifth Third options under the merger agreement. Following these transactions, she no longer beneficially owns any Comerica common stock. The closing price of Fifth Third common stock on the last trading day before the effective time was $50.22 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Moore Christine M
Role
EVP and Chief Audit Executive
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Employee Stock Option (right to buy) | 785 | $0.00 | -- |
| Disposition | Employee Stock Option (right to buy) | 1,130 | $0.00 | -- |
| Disposition | Employee Stock Option (right to buy) | 1,205 | $0.00 | -- |
| Disposition | Employee Stock Option (right to buy) | 830 | $0.00 | -- |
| Disposition | Employee Stock Option (right to buy | 1,527 | $0.00 | -- |
| Disposition | Common Stock | 44,084 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 0 shares (Direct);
Employee Stock Option (right to buy — 0 shares (Direct);
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 (the "Merger Agreement"). As a result of the merger, the reporting person no longer beneficially owns, directly or indirectly, any shares of the issuer's common stock. At the Effective Time, each outstanding and unexercised stock option converted into a corresponding option with respect to Fifth Third Common Stock in accordance with the terms set forth in the Merger Agreement. All transactions are exempt from Section 16(b) pursuant to Rule 16b-3(e).
FAQ
What did Comerica (CMA) EVP Christine Moore report in this Form 4?
Christine M. Moore reported that all her Comerica common shares and stock options were converted in the merger with Fifth Third. Her 44,084 Comerica shares and related options became Fifth Third equity, leaving her with no remaining Comerica common stock ownership.
What happened to Christine Moore’s Comerica stock options in the merger?
All outstanding and unexercised Comerica stock options held by Christine Moore were converted into options for Fifth Third common stock. The Form 4 lists several option positions reduced to zero, reflecting their replacement with equivalent Fifth Third options at the effective time.
Does Christine Moore still own any Comerica (CMA) common stock after the merger?
According to the filing’s footnotes, Christine Moore no longer beneficially owns any Comerica common stock following the merger. All her Comerica shares and equity awards were converted into Fifth Third common stock or equivalent Fifth Third equity awards at the effective time.
What price for Fifth Third stock is referenced in the Comerica Form 4?
The filing notes that Fifth Third common stock closed at $50.22 per share on the last trading day before the merger’s effective time. This market price is provided for context and does not change the fixed share exchange ratio of 1.8663 Fifth Third shares per Comerica share.