Form 4: Bank of New York Mellon Corp: Executive Catherine Keating Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Catherine Keating, a Senior Executive Vice President at Bank of New York Mellon Corp, reports the acquisition and disposal of common stock due to performance share units and tax liability coverage.

Summary

  • Catherine Keating, a Senior Executive Vice President at Bank of New York Mellon Corp, filed a Form 4 detailing changes in beneficial ownership.
  • On February 26, 2025, Keating acquired 50,348.743 shares of common stock at $0, representing performance share units granted in February 2022 for which performance goals were achieved.
  • On the same day, Keating disposed of 18,630 shares at $86.34 to cover tax liabilities.
  • Following these transactions, Keating beneficially owns 153,015.457 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment. It's a neutral reporting of facts.

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 have a minor impact on shareholders as they reflect executive compensation and tax obligations.

Key Dates

DateDescription
February 2022Performance Share Units were granted.
February 26, 2025Acquisition of 50,348.743 shares and disposal of 18,630 shares.
February 28, 2025Date of signature on the Form 4 filing.

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