STOCK TITAN

Bank of America (NYSE: BAC) HR chief nets 376,370 common shares after RSU activity

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Bank of America Chief People Officer Sheri B. Bronstein reported multiple equity transactions involving restricted stock units and common stock on February 15, 2026. She exercised several grants of 2022–2025 restricted stock units into common shares at a stated price of $0.00 per share, including a grant of 75,000 restricted stock units and additional units such as 9,888 and 6,910 units from various award years.

To satisfy tax withholding obligations and issuer-related dispositions, she disposed of common shares at $52.55 per share, including 4,080 shares and 38,375 shares through tax-withholding transactions, as well as additional issuer dispositions tied to specific awards. These transactions were reported as exercises or conversions of derivative securities and related tax or issuer dispositions, not as open‑market purchases or sales. After the reported activity, she directly owned 376,370 shares of Bank of America common stock.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Bronstein Sheri B.

(Last) (First) (Middle)
100 N TRYON STREET

(Street)
CHARLOTTE NC 28255

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BANK OF AMERICA CORP /DE/ [ BAC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief People Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/15/2026
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/15/2026 M 7,953 A (1) 332,575 D
Common Stock 02/15/2026 F 4,080(2) D $52.55 328,495 D
Common Stock 02/15/2026 M 75,000 A (1) 403,495 D
Common Stock 02/15/2026 F 38,375(2) D $52.55 365,120 D
Common Stock 02/15/2026 M 9,888 A (1) 375,008 D
Common Stock 02/15/2026 F 5,070(2) D $52.55 369,938 D
Common Stock 02/15/2026 M 6,910 A (1) 376,848 D
Common Stock 02/15/2026 F 3,547(2) D $52.55 373,301 D
Common Stock 02/15/2026 M 6,910 A (3) 380,211 D
Common Stock 02/15/2026 D 6,910 D $52.55 373,301 D
Common Stock 02/15/2026 M 6,308 A (1) 379,609 D
Common Stock 02/15/2026 F 3,239(2) D $52.55 376,370 D
Common Stock 02/15/2026 M 6,308 A (3) 382,678 D
Common Stock 02/15/2026 D 6,308 D $52.55 376,370 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
2022 Restricted Stock Units (1) 02/15/2026 M 7,953 (4) 02/15/2026 Common Stock 7,953 (1) 0 D
Restricted Stock Units (1) 02/15/2026 M 75,000 (5) 02/15/2026 Common Stock 75,000 (1) 0 D
2023 Restricted Stock Units (1) 02/15/2026 M 9,888 (6) 02/15/2027 Common Stock 9,888 (1) 9,888 D
2024 Restricted Stock Units (1) 02/15/2026 M 6,910 (7) 02/15/2028 Common Stock 6,910 (1) 13,820 D
2024 Restricted Stock Units (3) 02/15/2026 M 6,910 (8) 02/15/2028 Common Stock 6,910 (3) 13,820 D
2025 Restricted Stock Units (1) 02/15/2026 M 6,308 (9) 02/15/2029 Common Stock 6,308 (1) 18,927 D
2025 Restricted Stock Units (3) 02/15/2026 M 6,308 (10) 02/15/2029 Common Stock 6,308 (3) 18,927 D
Explanation of Responses:
1. Each unit represents a contingent right to receive one share of Bank of America Corporation common stock.
2. Disposition of shares to the issuer to satisfy a tax withholding obligation.
3. Each unit is the economic equivalent of one share of Bank of America Corporation common stock.
4. On February 15, 2022, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2023.
5. On February 15, 2022, the reporting person was granted units, vesting in two equal annual installments commencing on February 15, 2025.
6. On February 15, 2023, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2024.
7. On February 15, 2024, the reporting person was granted units, vesting in shares in four equal annual installments commencing on February 15, 2025.
8. On February 15, 2024, the reporting person was granted units, vesting in cash in four equal annual installments commencing on February 15, 2025.
9. On February 14, 2025, the reporting person was granted units, vesting in shares in four equal annual installments commencing on February 15, 2026.
10. On February 14, 2025, the reporting person was granted units, vesting in cash in four equal annual installments commencing on February 15, 2026.
Sheri B. Bronstein / Michael P. Lapp POA 02/18/2026
** 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 4 (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 insider transaction did Sheri B. Bronstein report for Bank of America (BAC)?

Sheri B. Bronstein reported exercising multiple restricted stock unit awards into Bank of America common stock and related share dispositions. The filing shows derivative exercises converting units into shares and associated tax and issuer dispositions, rather than open-market buying or selling of BAC stock.

How many restricted stock units did the BAC Chief People Officer exercise?

The BAC Chief People Officer exercised several restricted stock unit awards, including a 75,000-unit grant and additional awards such as 9,888 and 6,910 units. Each unit is described as economically equivalent to one share of Bank of America common stock in the filing footnotes.

Were Sheri B. Bronstein’s BAC share disposals open-market sales?

The disposals were not described as open-market sales. The Form 4 labels them as tax-withholding dispositions and dispositions to the issuer at $52.55 per share, used to satisfy tax obligations or issuer requirements related to the restricted stock unit exercises.

At what price were Bank of America shares disposed of in the Form 4?

Dispositions of Bank of America common stock were reported at $52.55 per share. These include tax-withholding transactions and issuer dispositions, such as 4,080 shares and 38,375 shares delivered to cover tax liabilities or returned to the issuer, according to the transaction descriptions.

How many Bank of America shares does Sheri B. Bronstein own after these transactions?

After the reported exercises and related dispositions, Sheri B. Bronstein directly owned 376,370 shares of Bank of America common stock. This figure appears as the direct ownership total following the final transaction listed in the Form 4’s non-derivative transaction table.

What do the restricted stock unit footnotes in the BAC Form 4 explain?

The footnotes explain that each unit is economically equivalent to one share of Bank of America common stock and describe grant dates and vesting schedules. They note awards from 2022–2025 vest in equal annual installments, some settling in shares and some in cash over specified future dates.
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