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

Kumara Guru Gowrappan, a director of Bank of New York Mellon Corp, reported the acquisition of 2,904 deferred stock units on April 21, 2025.

Summary

• On April 21, 2025, Kumara Guru Gowrappan, a director of 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.
• The reporting person directly owns 19,733.369 shares of common stock.
• Deferred stock units pay dividend equivalents which are reinvested in additional deferred stock units.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock unit acquisition.

Positives

• The acquisition of deferred stock units by a director signals confidence in the company's future performance.

Future Outlook

Vested deferred stock units will be payable in shares of Common Stock after the director's termination of service.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders.

Stakeholder Impact

• The acquisition of deferred stock units by a director can positively influence shareholder confidence.

Key Dates

Keywords

Bank of New York Mellon, Director, Deferred Stock Units, Form 4, BK, Gowrappan, Kumara Guru