Form 4: Bank of New York Mellon Director Acquires Phantom Stock
SEC Form 4 Filing
Director Elizabeth Robinson acquired phantom stock in Bank of New York Mellon Corp through a deferred compensation plan.
Summary
- On July 1, 2024, Elizabeth Robinson, a director of Bank of New York Mellon Corp, acquired 155.964 shares of phantom stock.
- The acquisition was made under The Bank of New York Mellon Corporation Deferred Compensation Plan for Directors.
- The price per share was $60.11.
- Following the transaction, Robinson beneficially owns 4,373.8803 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a transaction related to a deferred compensation plan. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, such as directors, offering insights into their confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Elizabeth Robinson acquired phantom stock. |
| 07/03/2024 | Date of signature on the Form 4 filing. |
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