Form 4: Linda Z. Cook Acquires Deferred Stock Units in Bank of New York Mellon Corp

Director Linda Z. Cook acquired 2,904 deferred stock units in Bank of New York Mellon Corp on April 21, 2025, which will vest in 2026.

Summary

• On April 21, 2025, Linda Z. Cook, a director of Bank of New York Mellon Corp, 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, Cook beneficially owns 35,577.771 shares of Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction disclosure, indicating a director's continued investment in the company, but doesn't necessarily imply a strong positive or negative outlook.

Positives

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

Future Outlook

The deferred stock units will vest in the future, either at the 2026 Annual Meeting or one year from the grant date, and will be payable in shares of Common Stock after termination of service as a director.

Industry Context

Form 4 filings are routine disclosures for corporate insiders and provide transparency into their transactions in the company's stock. This filing indicates a director's continued investment in the company.

Stakeholder Impact

• The acquisition of deferred stock units by a director can be viewed positively by shareholders as it aligns the director's interests with those of the shareholders.

Key Dates

Keywords

Bank of New York Mellon Corp, Deferred Stock Units, Director, Beneficial Ownership, Form 4, BK, Linda Z. Cook