Form 4: Bank of America CEO Brian Moynihan Reports Stock Transactions
SEC Filing
Bank of America's CEO, Brian Moynihan, reports the vesting and disposal of cash-settled restricted stock units and changes in common stock holdings.
Summary
- Brian Moynihan, CEO of Bank of America, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- On April 15, 2025, Moynihan disposed of 17,892 shares of common stock at a price of $37.99 per share.
- This disposal was related to the vesting of 17,892 cash-settled restricted stock units.
- Moynihan's direct holdings of common stock after the transaction totaled 2,691,313 shares.
- He also indirectly owns 3,537.6 shares through a 401(k) plan and 100,000 shares through a trust.
- The cash-settled restricted stock units vest monthly from March 2025 to February 2026.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The reporting person was granted units, vesting and payable solely in cash as follows: 1/12th of the stock units vest and become payable on the 15th day of each month during the 12-month period beginning in March 2025 and ending in February 2026.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in the financial industry.
Key Dates
| Date | Description |
|---|---|
| 04/15/2025 | Transaction date for stock disposal and vesting of restricted stock units |
| 02/15/2026 | Expiration date for cash-settled restricted stock units |
| 04/17/2025 | Date of signature for the report |
Keywords
Form 4, Brian Moynihan, Bank of America, Stock, CEO, BAC
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