Form 4: Bank of New York Mellon Director Ralph Izzo Reports Acquisition of Phantom Stock

Sentiment:

SEC Form 4 Filing


Director Ralph Izzo reports acquisition of phantom stock in Bank of New York Mellon Corp through a deferred compensation plan.

Summary

  • On April 1, 2025, Ralph Izzo, a director of Bank of New York Mellon Corp, acquired 477.498 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 $83.77.
  • Following the transaction, Izzo beneficially owns 14,391.226 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to insider transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, trade in their company's stock. This filing indicates a transaction related to deferred compensation.

Stakeholder Impact

  • The transaction has minimal direct impact on stakeholders as it involves phantom stock acquired through a deferred compensation plan.

Key Dates

DateDescription
04/01/2025Date of transaction: Acquisition of phantom stock.
04/02/2025Date of signature for the Form 4 filing.

Keywords

Form 4, Bank of New York Mellon, Director, Ralph Izzo, Phantom Stock, Deferred Compensation Plan, Beneficial Ownership

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