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 2,904 deferred stock units on April 21, 2025.

Summary

• On April 21, 2025, Marguerite Amy Gilliland, a director at Bank of New York Mellon Corp [BK], acquired 2,904 deferred stock units.
• These deferred stock units vest on the earlier of the Corporation's 2026 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 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 beneficially owns 19,733.369 shares.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to executive compensation. It doesn't inherently indicate positive or negative sentiment, but rather a standard business practice.

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 the grantee's termination of service as a director of the Corporation.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders (directors, officers, or those holding more than 10% of a company's shares) trade in their company's stock. This filing indicates a director's acquisition of deferred stock units, a common form of executive compensation.

Stakeholder Impact

• The acquisition of deferred stock units by a director aligns the director's interests with those of the shareholders.
• This type of compensation is designed to incentivize long-term value creation.

Key Dates

Keywords

Form 4, Bank of New York Mellon, Director, Deferred Stock Units, Beneficial Ownership, BK