Moore Christine M 4
4 · COMERICA INC · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Comerica (CMA) EVP Christine M. Moore Sells 49,561 Shares
What Happened
Christine M. Moore, EVP and Chief Audit Executive of Comerica Inc., reported dispositions totaling 49,561 Comerica common shares in connection with Comerica’s merger with Fifth Third Bancorp. The Form 4 shows one large disposition of 44,084 shares and five smaller derivative-related dispositions (785; 1,130; 1,205; 830; 1,527). The SEC filing lists $0.00 per-share because these were non-cash dispositions in the merger; under the merger each Comerica share converted into 1.8663 shares of Fifth Third common stock. Using Fifth Third’s last trading-day close of $50.22, the converted position is roughly valued at about $4.6M (approximate).
Key Details
- Transaction date: February 1, 2026; Form 4 filed February 3, 2026.
- Reported line items: 44,084; 785; 1,130; 1,205; 830; 1,527 shares (total 49,561). SEC shows $0.00 per share because dispositions were merger conversions.
- Shares owned after transaction: 0 Comerica common shares (reporting person no longer beneficially owns Comerica stock).
- Notable footnotes: each Comerica share converted into 1.8663 shares of Fifth Third; all equity awards/options were converted into Fifth Third equivalents or stock; transactions are exempt from Section 16(b) under Rule 16b-3(e).
- Filing timeliness: Form 4 covers Feb 1, 2026 activity and was filed Feb 3, 2026 (no late filing noted).
Context
These dispositions were part of a corporate merger and represent conversion of Comerica holdings and equity awards into Fifth Third stock (not open-market sales). Derivative line items reflect converted equity awards/options rather than separate market trades. Such merger-driven conversions are procedural and do not, by themselves, indicate an insider’s view on the combined company.
Insider Transaction Report
- Disposition to Issuer
Common Stock
[F1][F2][F3]2026-02-01−44,084→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
[F4]2026-02-01−785→ 0 total→ Common Stock (785 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
[F4]2026-02-01−1,130→ 0 total→ Common Stock (1,130 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
[F4]2026-02-01−1,205→ 0 total→ Common Stock (1,205 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
[F4]2026-02-01−830→ 0 total→ Common Stock (830 underlying) - Disposition to Issuer
Employee Stock Option (right to buy
[F4]2026-02-01−1,527→ 0 total→ Common Stock (1,527 underlying)
Footnotes (4)
- [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 (the "Merger Agreement").
- [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.
- [F4]At the Effective Time, each outstanding and unexercised stock option converted into a corresponding option with respect to Fifth Third Common Stock in accordance with the terms set forth in the Merger Agreement. All transactions are exempt from Section 16(b) pursuant to Rule 16b-3(e).