CHAUSSE MELINDA A.

Chausse Melinda A., Senior EVP, has engaged in 36 reported transactions involving Comerica Incorporated (CMA) since early 2025, with a clear net selling bias. Her total buy activity amounts to $1,119,271, while her sales total $1,723,999—a difference of $604,728 favoring dispositions. The transactions include a mix of open-market purchases (coded "P"), sales ("S"), and derivative transactions such as option exercises ("M") and stock awards ("A"). Notably, her largest single sale occurred on November 17, 2025, when she disposed of shares worth $633,876, followed by a $274,347 sale on January 15, 2026. Smaller but consistent sales, such as $261,832 on January 22, 2026, and $123,344 on October 30, 2025, reinforce the trend. Recent activity shows no buys, with the last significant purchase dating back to earlier filings. Several transactions in early 2026, including multiple awards (coded "A") and derivative adjustments (coded "D"), had no reported dollar value, suggesting administrative adjustments rather than discretionary trades. The pattern indicates a gradual reduction in her CMA holdings, though the sales are spread over months rather than concentrated in a single event. While the sales are substantial, they do not appear to represent a full divestment, as she continues to hold and receive equity through awards. The absence of recent buying activity further underscores a neutral-to-negative stance on accumulating additional shares.