Form 4: Bank of New York Mellon Corp: Officer Koffey Jayee Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Sr. Exec. Vice President Koffey Jayee reports changes in beneficial ownership of Bank of New York Mellon Corp stock due to shares withheld for tax liability.

Summary

  • On February 15, 2025, Jayee Koffey, a Sr. Exec. Vice President of Bank of New York Mellon Corp, had shares of common stock withheld to cover tax liabilities.
  • A total of 3,396 shares were withheld at a price of $87.84.
  • An additional 3,511 shares were withheld at a price of $87.84.
  • Following these transactions, Koffey directly owns 56,406 shares and 52,895 shares of Bank of New York Mellon Corp common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine transaction (shares withheld for taxes). It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence in publicly traded companies.

Stakeholder Impact

  • The transaction has a minimal impact on stakeholders as it relates to tax obligations on vested stock.

Key Dates

DateDescription
02/15/2025Date of transaction: Shares withheld for tax liability.
02/19/2025Date of signature by Attorney-in-Fact.

Keywords

beneficial ownership, Form 4, Bank of New York Mellon Corp, BK, Koffey Jayee, tax liability, shares withheld, officer

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