Comerica (NYSE: CMA) EVP receives stock units, withholds for taxes
Rhea-AI Filing Summary
Comerica Inc. executive Michael T. Ritchie reported equity compensation activity involving the company’s common stock. On January 15, 2026, he acquired 5,777 shares at $0 when performance-based restricted stock units (SELTPP Units) vested after a three-year performance period ending December 31, 2025.
On the same date, 3,309 shares were withheld at $91.51 per share to cover taxes due on the vesting of restricted stock units and SELTPP Units. After these transactions, Ritchie directly beneficially owned 39,864 shares of Comerica common stock, which includes shares from employee stock plans, dividend reinvestment, and deferred compensation-related stock units as of January 15, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,777 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,309 | $91.51 | $303K |
Footnotes (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, restricted stock units and stock units held pursuant to a deferred compensation plan as of January 15, 2026. Reflects aggregate shares withheld for taxes on shares payable on vesting of Restricted Stock Units and SELTPP Units.
FAQ
What insider stock transactions did Comerica (CMA) report for Michael T. Ritchie?
On January 15, 2026, Comerica Executive Vice President Michael T. Ritchie reported two transactions in common stock: an acquisition of 5,777 shares at $0 from vesting performance-based restricted stock units, and a withholding of 3,309 shares at $91.51 per share to satisfy tax obligations.
What is SELTPP in Comerica (CMA) executive compensation?
SELTPP Units are performance restricted stock units granted to executives. For Michael T. Ritchie, the units granted on January 24, 2023 vest in one installment after certification of performance results over a three-year period ending December 31, 2025, and are settled in Comerica common stock.