Form 4: Bank of New York Mellon Corp: Robin A. Vince Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Robin A. Vince, President & CEO of Bank of New York Mellon Corp, reports disposals of common stock to cover tax liabilities related to vesting restricted stock units.
Summary
- On February 15, 2025, Robin A. Vince, President & CEO of Bank of New York Mellon Corp, disposed of shares of common stock to cover tax obligations.
- A total of 12,631 shares were disposed of at a price of $87.84.
- An additional 18,019 shares were disposed of at a price of $87.84.
- Another 7,533 shares were disposed of at a price of $87.84.
- Following these transactions, Vince directly owns 276,286.395 shares of Bank of New York Mellon Corp common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock disposals for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard practice for corporate insiders to report changes in their beneficial ownership of company stock, providing transparency to the market.
Stakeholder Impact
- The stock disposals are unlikely to have a significant impact on shareholders, as they are related to tax obligations and represent a small portion of Vince's total holdings.
Key Dates
| Date | Description |
|---|---|
| 02/15/2025 | Date of stock disposal transactions. |
| 02/19/2025 | Date of signature by Attorney-in-Fact. |
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