Form 4: Bank of New York Mellon Corp Director Robin A. Vince Reports Stock Transactions

Robin A. Vince, a Director and President & CEO of Bank of New York Mellon Corp, reports the acquisition of 30,015.395 shares and disposition of 16,600 shares of common stock on February 23, 2024.

Summary

• On February 23, 2024, Robin A. Vince, a Director and President & CEO of Bank of New York Mellon Corp, acquired 30,015.395 shares of common stock.
• These shares were Performance Share Units granted in February 2021 for which performance goals have been achieved.
• Also on February 23, 2024, 16,600 shares were disposed of at a price of $55.64 to cover tax liabilities.
• Following these transactions, Vince directly owns 248,616.395 shares of Bank of New York Mellon Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The transactions are routine and related to compensation and tax obligations. The vesting of performance shares is a positive sign, but the sale to cover taxes is a minor negative.

Positives

• The vesting of Performance Share Units indicates that performance goals were met, which is a positive signal.

Negatives

• The sale of 16,600 shares to cover tax liabilities, while routine, represents a reduction in holdings.

Industry Context

Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their trading activities. This filing indicates routine transactions related to compensation and tax obligations.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are routine and related to executive compensation.

Key Dates