Form 4: Bank of New York Mellon Director Acquires Deferred Stock Units

Marguerite Amy Gilliland, a director of Bank of New York Mellon Corp, acquired 3,581 deferred stock units on April 17, 2024.

Summary

• On April 17, 2024, Marguerite Amy Gilliland, a director at Bank of New York Mellon Corp, acquired 3,581 deferred stock units.
• These deferred stock units vest on the earlier of the Corporation's 2025 Annual Meeting of Shareholders or one year from the grant date.
• Vested deferred stock units are payable in shares of Common Stock either in a lump sum or, if the grantee has so elected, in annual installments, beginning 30 days after termination of service as a director.
• Dividend equivalents are reinvested in additional deferred stock units.
• Following the transaction, Ms. Gilliland directly owns 16,394.411 shares of Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.

Future Outlook

Vested deferred stock units are payable in shares of Common Stock either in a lump sum or, if the grantee has so elected, in annual installments, in each case beginning the 30th day following grantee's termination of service as a director of the Corporation.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency regarding the holdings of company directors.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves deferred stock units granted to a director.

Key Dates