FARMER CURTIS C 4
4 · COMERICA INC · Filed Jan 29, 2026
Research Summary
AI-generated summary of this filing
Comerica (CMA) CEO Curtis C. Farmer Receives Equity Award
What Happened Curtis C. Farmer, Comerica's Chairman, President & CEO and a director, was granted three equity awards on January 27, 2026 totaling 172,380 shares (58,375; 53,835; 60,170). Each grant is reported as an award/acquisition at $0 per share (awarded, not purchased), so no cash changed hands. These are reported as awards under the issuer's long-term incentive and performance plans rather than open-market purchases or sales.
Key Details
- Transaction date: January 27, 2026; Form 4 filed January 29, 2026 (timely under the two‑business‑day rule).
- Transaction type/code: A (award/grant/acquisition); price reported: $0.00 per share.
- Total shares awarded: 172,380 shares (58,375 + 53,835 + 60,170).
- Shares owned after transaction: Not specified in the information provided in this summary.
- Footnotes: Awards include performance restricted stock units ("SELTPP Units") granted Jan 23, 2024 (F1) and Jan 28, 2025 (F3) whose performance results were certified in connection with Comerica’s previously disclosed proposed merger with Fifth Third; other amounts reflect RSUs and employee plan shares/RSUs (F2, F4).
- Filing timeliness: Filed within the typical Form 4 deadline; no late filing indicated.
Context These entries reflect compensation awards (performance units and restricted stock units) that were certified and converted to shares rather than open‑market buying or selling. Such awards are part of executive pay and vesting/performance schedules may apply; they do not by themselves indicate immediate buying or selling intent. The filing notes the certifications of performance results tied to the previously disclosed proposed merger with Fifth Third.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-01-27+58,375→ 373,083 total - Award
Common Stock
[F3][F2]2026-01-27+53,835→ 426,918 total - Award
Common Stock
[F4][F2]2026-01-27+60,170→ 487,088 total
Footnotes (4)
- [F1]Represents performance restricted stock units ("SELTPP Units") granted to the reporting person on January 23, 2024. In connection with the issuer's previously disclosed proposed merger with Fifth Third, the issuer's Governance, Compensation and Nominating Committee certified the performance results.
- [F2]Includes shares acquired through employee stock plans and restricted stock units as of January 27, 2026.
- [F3]Represents SELTPP Units granted to the reporting person on January 28, 2025. In connection with the issuer's previously disclosed proposed merger with Fifth Third, the issuer's Governance, Compensation and Nominating Committee certified the performance results.
- [F4]Restricted stock units awarded under Issuer's Long-Term Incentive Plan.