Bank of America (BAC) CEO discloses 17,892-share insider sale at $55.33

Rhea-AI Filing Summary

Bank of America Corporation Chair and CEO Brian T. Moynihan reported an insider transaction in the company’s common stock. On December 15, 2025, he acquired 17,892 shares of common stock in a transaction coded "M" and then disposed of 17,892 shares at a price of $55.33 per share.

After these transactions, he directly owns 2,521,313 shares of Bank of America common stock, plus 3,568.159 shares held through a 401(k) Plan and 100,000 shares held by trust. The derivative position involved 2025 cash settled restricted stock units, each unit being the economic equivalent of one share of Bank of America common stock, with the grant structured so that 1/12 of the units vest and become payable monthly from March 2025 through February 2026.

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
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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^*

MOYNIHAN BRIAN T

(Last) (First) (Middle)

100 NORTH 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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chair and CEO

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

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	12/15/2025		M		17,892	A	(1)	2,539,205	D
Common Stock	12/15/2025		D		17,892	D	$55.33	2,521,313	D
Common Stock								3,568.159	I	401(k) Plan
Common Stock								100,000	I	By Trust

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
2025 Cash Settled Restricted Stock Units	(1)	12/15/2025		M			17,892	(2)	02/15/2026	Common Stock	17,892	(1)	35,783	D

Explanation of Responses:

1. Each unit is the economic equivalent of one share of Bank of America Corporation common stock.

2. On February 14, 2025, the reporting person was granted units, vesting and payable solely in cash as follows: 1/12th of the stock units vest and become payable on the 15th day of each month during the 12-month period beginning in March 2025 and ending in February 2026.

	Brian T. Moynihan / Michael P. Lapp POA	12/17/2025
	** 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 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.
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FAQ

What insider stock transaction did Bank of America (BAC) CEO report?

Bank of America Chair and CEO Brian T. Moynihan reported that on December 15, 2025 he acquired 17,892 shares of common stock in a transaction coded "M" and disposed of 17,892 shares at $55.33 per share.

How many Bank of America (BAC) shares does Brian Moynihan own after this transaction?

Following the reported transaction, Brian Moynihan directly owns 2,521,313 Bank of America common shares, with an additional 3,568.159 shares held in a 401(k) Plan and 100,000 shares held by trust.

What derivative securities were involved in the Bank of America (BAC) CEO’s filing?

The filing lists 2025 Cash Settled Restricted Stock Units as the derivative securities. Each unit is described as the economic equivalent of one share of Bank of America common stock.

How do the Bank of America (BAC) CEO’s restricted stock units vest and pay out?

The units were granted on February 14, 2025 and vest and are payable solely in cash. 1/12 of the stock units vest and become payable on the 15th day of each month from March 2025 through February 2026.

Is the Bank of America (BAC) insider filing for one person or multiple reporting persons?

The form is indicated as being filed by one reporting person, reflecting the holdings and transactions of Brian T. Moynihan.

What is Brian Moynihan’s role at Bank of America (BAC) according to this filing?

The filing identifies Brian T. Moynihan as both a Director and an Officer of Bank of America Corporation, with the officer title Chair and CEO.