{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-178963","form_type":"8-K","ticker":null,"cik":"0000028412","company_name":"COMERICA INC","filed_at":"2025-08-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.011495+00:00","generated_at":"2026-05-17T14:56:59.766460+00:00","sec_items":["3.03","5.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Comerica issues $400M of 6.875% Series B Preferred Stock, net proceeds $392.2M","bullets":["Issued 16M depositary shares (each 1/40th interest) at $25 liquidation preference per share, totaling $400M.","Dividend rate of 6.875% fixed-rate reset, non-cumulative perpetual preferred stock.","Net proceeds of approximately $392.2M after underwriting discount and expenses.","Underwriters include BofA Securities, J.P. Morgan, Morgan Stanley, and RBC Capital Markets.","Restrictions on common stock dividends or repurchases if preferred dividends are not paid."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-178963","json":"https://secwatch.observer/filing/0001193125-25-178963.json","markdown":"https://secwatch.observer/filing/0001193125-25-178963.md","text":"https://secwatch.observer/filing/0001193125-25-178963.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/28412/000119312525178963/0001193125-25-178963-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/28412/000119312525178963/d10770d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T14:56:59.766460+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f30b3baf92e1cdd53f273ebe54fe999f537ce0cf","claim":"COMERICA INC: Certificate of Designations establishing Series B Preferred Stock was filed, amending the Restated Certificate of Incorporation (effective 2025-08-07).","evidence_excerpt":"The Certificate of Designations became effective upon filing with the Secretary of State of the State of Delaware, and it amends the Company’s Restated Certificate of Incorporation, as amended.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/28412/000119312525178963/0001193125-25-178963-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-08-07"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}