Form 4: Bank of America Executive Bruce R. Thompson Reports Stock Transactions

Bruce R. Thompson, Vice Chair, Head of Enterprise Credit at Bank of America, reports acquisition and disposition of common stock and restricted stock units on February 15, 2025.

Summary

• On February 15, 2025, Bruce R. Thompson, Vice Chair, Head of Enterprise Credit at Bank of America, reported transactions involving Bank of America common stock and restricted stock units.
• Thompson acquired common stock through the vesting of restricted stock units.
• He also disposed of shares to cover tax withholding obligations.
• The transactions resulted in a net change in Thompson's beneficial ownership of Bank of America common stock.
• Thompson directly owns 764,780 shares of common stock and indirectly owns 225,000 shares via a trust.
• He also directly owns 40,000 shares of Preferred Stock, Series LL and indirectly owns 60,000 shares of Preferred Stock, Series NN via a trust.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing. It simply reports transactions and doesn't convey any positive or negative sentiment about the company's prospects.

Future Outlook

The document does not contain any specific forward-looking statements or guidance regarding the company's future performance.

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 transactions reported may have a minor impact on shareholders due to the change in the executive's holdings.
• The transactions do not directly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Restricted Stock Units, Bruce R. Thompson, Bank of America, BAC