Form 4: Bank of America Director Monica C. Lozano Transfers Shares to Trust
SEC Form 4 Filing
Director Monica C. Lozano reported a transfer of Bank of America shares to a trust on August 19, 2024.
Summary
- On August 19, 2024, Monica C. Lozano, a director of Bank of America, reported a transaction involving the transfer of 3,000 shares of common stock to a trust.
- The transaction was executed at a price of $0 per share.
- Following the transaction, Ms. Lozano directly owns 0 shares and indirectly owns 3,000 shares through the trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding a share transfer, and does not inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. This specific filing indicates a transfer of shares to a trust, which is a common estate planning strategy.
Stakeholder Impact
- The transfer of shares to a trust by a director has minimal direct impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 08/19/2024 | Date of the share transfer transaction. |
| 08/21/2024 | Date of signature by Michael P. Lapp as Power of Attorney for Monica C. Lozano. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.