Form 4: Bank of America Executive Bruce R. Thompson Reports Charitable Gift of Common Stock

Bank of America's Vice Chair, Bruce R. Thompson, reports a charitable donation of 25,000 shares of common stock.

Summary

• Bruce R. Thompson, Vice Chair, Head of Enterprise Credit at Bank of America, filed a Form 4 on May 3, 2024, reporting a transaction that occurred on May 1, 2024.
• The transaction involved a charitable gift of 25,000 shares of Bank of America common stock.
• Following the transaction, Thompson directly owns 855,716 shares of Bank of America common stock.
• Thompson also directly owns 40,000 shares of Preferred Stock, Series LL and 60,000 shares of Preferred Stock, Series NN.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing regarding a common transaction type (charitable gift) for an executive.

Industry Context

This filing is a routine disclosure of insider transactions and provides transparency to the market regarding the holdings of Bank of America's executives.

Stakeholder Impact

• The charitable gift has a negligible impact on shareholders.

Key Dates