Comerica director reports share conversion in merger
Comerica director Roger A. Cregg reported the disposition of 73,864 shares of Comerica common stock in connection with Comerica’s merger with Fifth Third Bancorp.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Comerica director Roger A. Cregg reported the disposition of 73,864 shares of Comerica common stock in connection with Comerica’s merger with Fifth Third Bancorp. At 12:01 a.m. on February 1, 2026, each Comerica share was converted into 1.8663 shares of Fifth Third common stock. As a result of this stock-for-stock merger conversion, Cregg no longer beneficially owns any Comerica common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 73,864 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Comerica (CMA) report for Roger A. Cregg?
How did the Fifth Third merger affect Comerica (CMA) director equity holdings?
What was the reference market price for Fifth Third stock in this Comerica (CMA) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.