Comerica (NYSE: CMA) director exits 48,566-share stake in merger
Rhea-AI Filing Summary
Comerica Inc. director Ximena G. Humrichouse reported the disposition of 48,566 shares of Comerica common stock on February 1, 2026. The shares were not sold for cash but were automatically converted at the merger’s effective time into Fifth Third Bancorp common stock.
Each Comerica share was converted into 1.8663 shares of Fifth Third common stock under the merger terms. Following this conversion, the director no longer beneficially owns any Comerica common stock. The closing price of Fifth Third common stock before the effective time was $50.22 per share.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 48,566 | $0.00 | -- |
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 Comerica (CMA) disclose for director Ximena G. Humrichouse?
Was the Comerica (CMA) director’s Form 4 transaction a sale for cash?
Does the Comerica (CMA) director still own any Comerica common stock after the merger?
What stock price reference is given for Fifth Third in the Comerica (CMA) insider filing?
What happened to the Comerica (CMA) director’s equity awards in the merger?