Comerica Inc. Files SEC Form 144, Revealing New Information
In a recent SEC filing, Comerica Inc /New/ (0000028412) submitted a Form 144 indicating the intention to sell restricted securities. Form 144 is typically filed by company insiders or affiliates looking to sell shares in the open market. This filing is significant as it provides transparency to investors about potential selling activities within the company.
Comerica Inc is a financial services company based in Dallas, Texas, offering a wide range of banking, lending, and investment services to individuals, businesses, and institutions. With a strong presence in the Midwest and Western United States, Comerica has been a key player in the financial industry for decades. For more information about Comerica Inc, you can visit their website here: Comerica Inc Website.
Form 144 is a notice of proposed sale of securities filed with the Securities and Exchange Commission. It is required when an affiliate of a company plans to sell restricted, unregistered securities. The form includes details such as the number of shares to be sold, the nature of the securities, and the method of sale. Investors often monitor Form 144 filings to gauge insider sentiment and potential market impact.
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Comerica Inc. Files Form 144 with the SEC – What You Need to Know