Form 4: Bank of America Executive Lindsay D. Hans Reports Stock Transactions
SEC Form 4 Filing
Lindsay D. Hans, a Bank of America executive, reported the acquisition and disposition of company stock and restricted stock units on May 15, 2024.
Summary
- On May 15, 2024, Lindsay D. Hans, Pres, Merrill Wealth Mgmt at Bank of America Corp, reported transactions involving the company's stock.
- Hans acquired 975 shares of common stock through the vesting of restricted stock units.
- Simultaneously, Hans disposed of 463 shares to satisfy tax withholding obligations at a price of $38.91 per share.
- Following these transactions, Hans directly owns 21,808 shares of Bank of America common stock.
- Hans also directly owns 6,822 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies. It provides transparency into the trading activities of insiders.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they represent routine stock activity by an executive.
Key Dates
| Date | Description |
|---|---|
| 02/15/2022 | Reporting person was granted units, vesting in sixteen equal quarterly installments commencing May 15, 2022. |
| 05/15/2024 | Date of earliest transaction: acquisition of common stock and disposition of shares for tax obligations. |
| 05/17/2024 | Date of signature on the report. |
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