Form 4: Bank of New York Mellon Corp: Senior Exec VP Santhanakrishnan Senthilkumar Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Senior Executive VP Santhanakrishnan Senthilkumar of Bank of New York Mellon Corp reports disposals of common stock to cover tax liabilities arising from vesting restricted stock units.
Summary
- On February 15, 2025, Santhanakrishnan Senthilkumar, a Senior Executive VP at Bank of New York Mellon Corp, disposed of shares of common stock to cover tax liabilities.
- The disposals were related to the vesting of previously disclosed Restricted Stock Unit awards.
- A total of 3,473 shares were disposed of at a price of $87.84.
- An additional 6,133 shares were disposed of at a price of $87.84.
- Another 6,024 shares were disposed of at a price of $87.84.
- Following these transactions, Senthilkumar directly owns 152,510.141 shares of Bank of New York Mellon Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing related to routine stock transactions for tax purposes. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to individual tax obligations and do not reflect a change in the company's fundamentals.
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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