Form 4: Bank of America CEO Brian Moynihan Reports Stock Transactions
SEC Form 4 Filing
Brian Moynihan, CEO of Bank of America, reports the vesting and disposal of restricted stock units and transactions in common stock.
Summary
- On May 15, 2025, Brian Moynihan, the CEO of Bank of America, reported transactions involving Bank of America common stock and cash-settled restricted stock units.
- Moynihan disposed of 17,891 shares of common stock at a price of $44.38.
- He also acquired 17,891 shares through the vesting of restricted stock units.
- Following these transactions, Moynihan directly owns 2,691,313 shares of Bank of America common stock.
- He also indirectly owns 3,537.6 shares through a 401(k) plan and 100,000 shares through a trust.
- The reported transactions also involve cash-settled restricted stock units, with 1/12th of the units vesting and becoming payable monthly from March 2025 to February 2026.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The reporting person will continue to receive monthly vesting of cash-settled restricted stock units until February 2026.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The reported transactions provide transparency to shareholders regarding the CEO's stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | 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. |
| 03/15/2025 | First vesting date of restricted stock units. |
| 05/15/2025 | Date of the reported transactions (stock disposal and vesting of restricted stock units). |
| 02/15/2026 | Final vesting date of restricted stock units. |
Keywords
Bank of America, Brian Moynihan, stock, restricted stock units, Form 4, beneficial ownership, transactions
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