CHAUSSE MELINDA A. 4
Research Summary
AI-generated summary
Comerica (CMA) Sr EVP Melinda Chausse Receives Stock Award
What Happened
- Melinda A. Chausse, Comerica's Senior Executive Vice President & Chief Credit Officer, was reported as acquiring three awards on January 27, 2026: 7,230 units, 6,610 units and 7,390 units, totaling 21,230 shares. Each award is reported at $0.00 per share because these were grants/awards (not cash purchases or open-market trades). Transaction code: A (award/grant).
Key Details
- Transaction date(s) and price(s): Jan 27, 2026 — 7,230 / 6,610 / 7,390 units at $0.00 per unit.
- Shares owned after transaction: Not specified in the provided filing data.
- Notable footnotes: Awards include performance restricted stock units (SELTPP Units) from grants made Jan 23, 2024 and Jan 28, 2025 and restricted stock units under the Long-Term Incentive Plan. The issuer’s Governance, Compensation and Nominating Committee certified performance results in connection with the company’s previously disclosed proposed merger with Fifth Third, per footnotes.
- Timeliness: Report filed Jan 29, 2026 for transactions on Jan 27, 2026 (filed within the standard Form 4 reporting window).
Context
- These were compensation awards (restricted/performance stock units), which typically vest based on time and/or achievement of performance goals; they are reported as acquisitions but are not open-market purchases. The footnotes indicate certification of performance results tied to previously disclosed merger-related matters, which likely triggered recognition/settlement of these units. Awards reflect executive compensation actions and do not by themselves indicate a buy/sell market signal.