Comerica (CMA) EVP James H. Weber exercises options and sells 8,798 shares

Rhea-AI Filing Summary

Comerica Inc. Executive Vice President James H. Weber reported multiple equity transactions dated January 22, 2026. He exercised several employee stock options for Comerica common stock at exercise prices including $67.66, $53.96, $80.17, $63.15, $60.12, and $71.16, increasing his directly held common shares before a subsequent sale.

On the same date, Weber reported a sale of 8,798 shares of Comerica common stock at a weighted average price of $98.04, with individual sale prices ranging from $97.81 to $98.21. Following these transactions, he directly owned 20,543 shares of Comerica common stock, which includes shares acquired through employee stock plans, dividend reinvestment, and restricted stock units as of January 22, 2026.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

WEBER JAMES HARRY

(Last) (First) (Middle)

1717 MAIN STREET

MC 6503

(Street)

DALLAS TX 75201

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
COMERICA INC [ CMA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
01/22/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/22/2026		M		1,335	A	$67.66	21,878(1)	D
Common Stock	01/22/2026		M		543	A	$53.96	22,421(1)	D
Common Stock	01/22/2026		M		1,375	A	$80.17	23,796(1)	D
Common Stock	01/22/2026		M		2,475	A	$63.15	26,271(1)	D
Common Stock	01/22/2026		M		2,130	A	$60.12	28,401(1)	D
Common Stock	01/22/2026		M		940	A	$71.16	29,341(1)	D
Common Stock	01/22/2026		S		8,798	D	$98.04(2)	20,543(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (right to buy)	$67.66	01/22/2026		M			1,335	01/24/2018(3)	01/24/2027	Common Stock	1,335	$0	0	D
Employee Stock Option (right to buy)	$53.96	01/22/2026		M			543	01/23/2025(3)	01/23/2034	Common Stock	543	$0	1,632	D
Employee Stock Option (right to buy)	$80.17	01/22/2026		M			1,375	01/22/2020(3)	01/22/2029	Common Stock	1,375	$0	0	D
Employee Stock Option (right to buy)	$63.15	01/22/2026		M			2,475	01/28/2021(3)	01/28/2030	Common Stock	2,475	$0	0	D
Employee Stock Option (right to buy)	$60.12	01/22/2026		M			2,130	01/26/2022(3)	01/26/2031	Common Stock	2,130	$0	0	D
Employee Stock Option (right to buy)	$71.16	01/22/2026		M			940	01/24/2024(3)	01/24/2033	Common Stock	940	$0	940	D
Employee Stock Option (right to buy)	$92.58							01/25/2023(3)	01/25/2032	Common Stock	1,480		1,480	D
Employee Stock Option (right to buy)	$95.25							01/23/2019(3)	01/23/2028	Common Stock	995		995	D

Explanation of Responses:

1. Includes shares acquired through employee stock plans, shares purchased with reinvested dividends and restricted stock units as of January 22, 2026.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.81 to $98.21, inclusive. The reporting person undertakes to provide to Comerica Incorporated, any security holder of Comerica Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

3. The options vest in four equal annual installments (based on the original grant amount) beginning on the date indicated in this column.

Remarks:

	/s/ Steven Franklin, on behalf of James H. Weber through Power of Attorney	01/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider activity did Comerica (CMA) report for James H. Weber?

Comerica Executive Vice President James H. Weber reported exercising multiple employee stock options and selling 8,798 shares of common stock on January 22, 2026.

How many Comerica (CMA) shares did James H. Weber sell and at what price?

James H. Weber reported selling 8,798 shares of Comerica common stock at a weighted average price of $98.04 per share, with individual trade prices from $97.81 to $98.21.

How many Comerica (CMA) shares does James H. Weber own after these transactions?

After the reported transactions, James H. Weber directly owned 20,543 shares of Comerica common stock as of January 22, 2026.

What types of derivative securities did James H. Weber exercise at Comerica (CMA)?

He exercised several employee stock options (rights to buy) for Comerica common stock with exercise prices including $67.66, $53.96, $80.17, $63.15, $60.12, and $71.16 per share.

What does the weighted average sale price mean in this Comerica (CMA) Form 4?

The filing states the $98.04 price is a weighted average across multiple trades, with shares sold in a range from $97.81 to $98.21, and notes that detailed trade-level prices are available on request.

Does James H. Weber still hold Comerica (CMA) stock options after these transactions?

Yes. The Form 4 shows remaining employee stock options, including grants with expiration dates through 2032 and 2033, such as options covering 1,480 and 995 shares of Comerica common stock.