Form 4: Bank of America Chief Risk Officer Reports Charitable Gift of Common Stock
SEC Form 4 Filing
Geoffrey S. Greener, Chief Risk Officer of Bank of America, reported a charitable gift of common stock on January 27, 2025, resulting in a change in his beneficial ownership.
Summary
- On January 27, 2025, Geoffrey S. Greener, the Chief Risk Officer of Bank of America, reported a transaction involving the gifting of Bank of America common stock.
- The transaction involved a charitable gift of 2,150 shares, 755 shares, 325 shares and 217 shares of common stock.
- Following the transaction, Greener's indirectly held beneficial ownership of Bank of America common stock through a revocable trust decreased to 1,259,918 shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a charitable donation by a high-ranking executive.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a personal transaction by an executive.
Key Dates
| Date | Description |
|---|---|
| 01/27/2025 | Date of transaction (charitable gift of common stock) |
| 01/29/2025 | Date of signature on the report |
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