Ortiz Mauricio A 4
Research Summary
AI-generated summary
Comerica (CMA) EVP Mauricio Ortiz Receives 10,245-Share Award
What Happened
- Mauricio A. Ortiz, Comerica EVP & Chief Accounting Officer, was granted a total of 10,245 shares on January 27, 2026 via awards (three line items: 3,430; 2,910; 3,905). Each award shows an acquisition price of $0.00 (these are grants/restricted or performance stock units), so no cash was exchanged in these transactions.
Key Details
- Transaction date: 2026-01-27; Form 4 filed 2026-01-29 (appears timely).
- Awards and amounts: 3,430; 2,910; and 3,905 shares = 10,245 shares total; acquisition price reported $0.00.
- Shares owned after transaction: not specified in the filing (footnote F2 indicates holdings include employee plan shares, dividend reinvestment and RSUs as of Jan 27, 2026).
- Footnotes of note:
- F1: 2024 performance restricted stock units ("SELTPP Units") certified by the Governance, Compensation and Nominating Committee in connection with the issuer's previously disclosed proposed merger with Fifth Third.
- F3: 2025 SELTPP Units similarly certified.
- F4: Restricted stock units awarded under the issuer's Long‑Term Incentive Plan.
- Transaction code: A = Award/Grant (not a purchase or sale).
Context
- These are equity awards (performance- and restricted‑stock units), not open‑market purchases or sales; they represent compensation rather than an expressed buy/sell market view. Performance units were certified in connection with the company’s previously disclosed proposed merger with Fifth Third, per the filing.