Form 4: Sandra O'Connor Reports Acquisition of Bank of New York Mellon Corp Deferred Stock Units
SEC Form 4 Filing
Director Sandra O'Connor reports acquiring 2,904 deferred stock units of Bank of New York Mellon Corp on April 21, 2025.
Summary
- Sandra O'Connor, a director of Bank of New York Mellon Corp, filed a Form 4 on April 23, 2025.
- The report details the acquisition of 2,904 deferred stock units on April 21, 2025.
- 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 units are payable in shares of Common Stock after termination of service as a director, either in a lump sum or annual installments.
- Dividend equivalents are reinvested in additional deferred stock units.
- Following the transaction, O'Connor beneficially owns 15,293.019 shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain information that would significantly impact sentiment positively or negatively.
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
This filing is a routine disclosure of a director's acquisition of deferred stock units, a common form of executive compensation in publicly traded companies.
Stakeholder Impact
- The acquisition of deferred stock units aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/21/2025 | Date of transaction: Acquisition of deferred stock units. |
| 04/23/2025 | Date of Form 4 filing. |
| 2026 Annual Meeting of Shareholders | Earlier vesting date of deferred stock units. |
Keywords
Form 4, Bank of New York Mellon Corp, Deferred Stock Units, Beneficial Ownership, Director, BK, O'Connor
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