Bank of America (BAC) Form 3 — Gopalkrishnan Hari RSU Disclosure

Rhea-AI Filing Summary

Gopalkrishnan Hari, Chief Tech & Info Officer of Bank of America Corporation (BAC), filed an initial Form 3 disclosing beneficial ownership via multiple restricted stock unit awards. The filing lists RSUs granted in 2022–2025 that vest on schedules between February 15, 2026 and February 15, 2029, with individual awards shown (for example, 10,798; 25,000; 8,109; 47,877; 40,000; 78,690; 40,000; 79,257; and multiple 40,000 grants). Each unit represents a contingent right to one share of BAC common stock. The filing includes a power of attorney signature dated 08/19/2025.

Positive

• Initial Form 3 filed disclosing insider ownership, enhancing regulatory transparency
• Detailed vesting schedules provided for multiple restricted stock unit grants from 2022–2025
• Each unit converts to one share, making potential future share issuance straightforward to model

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Officer filed standard initial ownership disclosure showing multiple time‑vested RSUs, improving transparency on insider compensation.

The Form 3 provides clear, routine disclosure of the reporting officer's equity compensation package comprised entirely of restricted stock units with staggered vesting from 2026 through 2029. This is a compliance-focused filing under Section 16; it does not report open-market purchases or sales. For governance and disclosure purposes, investors can now track when these units will convert to shares and potentially affect insider share counts upon vesting.

Securities Analyst

TL;DR: No immediate market-impact transactions; filing documents future share issuance timing from RSU vesting.

The filing documents amounts and vesting schedules for multiple RSU grants, each unit equating to one share. There is no derivative activity or current direct share ownership shown beyond contingent RSUs. This is a routine initial statement that enables modelling of potential future dilution timing but contains no realized transactions or cash-flow effects.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Gopalkrishnan Hari

(Last) (First) (Middle)

100 NORTH TRYON STREET

(Street)

CHARLOTTE NC 28255

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/13/2025

3. Issuer Name and Ticker or Trading Symbol
BANK OF AMERICA CORP /DE/ [ BAC ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Tech & Info Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
2022 Restricted Stock Units	(1)	02/15/2026	Common Stock	10,798	(2)	D
Restricted Stock Units	(3)	02/15/2026	Common Stock	25,000	(2)	D
Restricted Stock Units	(4)	02/15/2026	Common Stock	8,109	(2)	D
2023 Restricted Stock Units	(5)	02/15/2027	Common Stock	47,877	(2)	D
Restricted Stock Units	(6)	02/15/2027	Common Stock	40,000	(2)	D
2024 Restricted Stock Units	(7)	02/15/2028	Common Stock	78,690	(2)	D
Restricted Stock Units	(8)	02/15/2028	Common Stock	40,000	(2)	D
2025 Restricted Stock Units	(9)	02/15/2029	Common Stock	79,257	(2)	D
Restricted Stock Units	(10)	02/15/2029	Common Stock	40,000	(2)	D

Explanation of Responses:

1. The reporting person was previously granted units, vesting in four equal annual installments commencing on February 15, 2023.

2. Each unit represents a contingent right to receive one share of Bank of America Corporation common stock.

3. The reporting person was previously granted units, vesting in two equal annual installments commencing on February 15, 2025.

4. The reporting person was previously granted units, vesting in sixteen equal quarterly installments commencing May 15, 2022.

5. The reporting person was previously granted units, vesting in four equal annual installments commencing on February 15, 2024.

6. The reporting person was previously granted units, vesting in two equal annual installments commencing on February 15, 2026.

7. The reporting person was previously granted units, vesting in four equal annual installments commencing on February 15, 2025.

8. The reporting person was previously granted units, vesting in two equal annual installments commencing on February 15, 2027.

9. The reporting person was previously granted units, vesting in four equal annual installments commencing on February 15, 2026.

10. The reporting person was previously granted units, vesting in two equal annual installments commencing on February 15, 2028.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney

	Hari Gopalkrishnan / Michael P. Lapp POA	08/19/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Form 3 filed by Gopalkrishnan Hari disclose for BAC?

The filing disclosed multiple restricted stock units (RSUs) granted in 2022–2025 with vesting dates between 02/15/2026 and 02/15/2029, and that each unit represents a contingent right to one share of BAC common stock.

Does the Form 3 report any open-market purchases or sales by Hari for BAC?

No. The Form 3 lists only restricted stock units and does not report any direct purchases or sales of BAC shares.

What is Hari's role at Bank of America as stated on the filing?

The filing identifies the reporting person as an Officer, specifically the Chief Tech & Info Officer.

When was the Form 3 signed or executed?

The signature/POA entry on the filing shows 08/19/2025.

Are the RSU amounts and vesting terms specified in the filing?

Yes. The filing lists specific award amounts (for example, 10,798; 25,000; 8,109; 47,877; 40,000; 78,690; 79,257, and others) and explains vesting schedules in the remarks.