Form 4: Bank of New York Mellon Director Acquires Additional Shares Through Deferred Compensation Plan

Jeffrey A. Goldstein, a director at Bank of New York Mellon Corp, acquired 680.302 shares of common stock on April 1, 2024, through the company's Deferred Compensation Plan for Directors.

Summary

• On April 1, 2024, Jeffrey A. Goldstein, a director of Bank of New York Mellon Corp, acquired 680.302 shares of the company's common stock.
• The acquisition was made through the Bank of New York Mellon Corporation Deferred Compensation Plan for Directors at a price of $56.96 per share.
• Following the transaction, Goldstein directly owns 36,833.0787 shares of Bank of New York Mellon Corp.
• The transaction was reported on April 3, 2024, with Chase Ayers, Attorney-in-Fact, signing on behalf of Jeffrey A. Goldstein.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a routine transaction under a deferred compensation plan. It doesn't necessarily indicate strong positive or negative sentiment about the company's prospects.

Positives

• The acquisition of shares by a director may signal confidence in the company's future performance.

Industry Context

Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates