STOCK TITAN

Bank of America (BAC) CAO receives 69,219 restricted stock units in equity grant

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

Rhea-AI Filing Summary

Okpara Johnbull reported acquisition or exercise transactions in this Form 4 filing.

Bank of America Corporation Chief Accounting Officer Okpara Johnbull reported an equity award of 2026 Restricted Stock Units on February 13, 2026. The filing shows a grant of 69,219 restricted stock units, each representing a contingent right to receive one share of Bank of America common stock.

These units were awarded under the company’s equity plan in a transaction exempt under Rule 16b-3(d) and are scheduled to vest in four equal annual installments beginning February 15, 2027. Following this award, Johnbull is shown as directly holding 13,110 shares of common stock and 50,000 shares of Preferred Stock, Series DD.

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*
Okpara Johnbull

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026
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 13,110 D
Preferred Stock, Series DD 50,000 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
2026 Restricted Stock Units (1) 02/13/2026 A 69,219 (2) 02/15/2030 Common Stock 69,219 (1) 69,219 D
Explanation of Responses:
1. Each unit represents a contingent right to receive one share of Bank of America Corporation common stock.
2. Award under the Bank of America Corporation Equity Plan in a transaction that is exempt under Rule 16b-3(d). These units are settled in shares and vest in four equal annual installments commencing February 15, 2027.
Johnbull Okpara / Michael P. Lapp POA 02/13/2026
** 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 BAC Chief Accounting Officer Okpara Johnbull report?

Okpara Johnbull reported receiving an equity award of 69,219 2026 Restricted Stock Units from Bank of America. Each unit is a contingent right to one common share, granted under the company’s equity plan in a transaction exempt under Rule 16b-3(d).

When were the 2026 Restricted Stock Units granted to BAC officer Okpara Johnbull?

The 2026 Restricted Stock Units were granted on February 13, 2026. This date appears as the transaction date in the Form 4 filing and governs when the award was formally made under Bank of America’s equity compensation plan.

How many restricted stock units did BAC grant to Okpara Johnbull in 2026?

Bank of America granted 69,219 2026 Restricted Stock Units to Okpara Johnbull. Each unit corresponds to a contingent right to receive one share of common stock, creating potential future share ownership as the award vests over time.

What is the vesting schedule for Okpara Johnbull’s 2026 BAC Restricted Stock Units?

The 69,219 units vest in four equal annual installments starting February 15, 2027. Each year, one-quarter of the award converts into shares, subject to the plan’s terms, gradually increasing Johnbull’s potential common stock ownership in Bank of America.

Does Okpara Johnbull have to pay for the 2026 BAC restricted stock units?

The reported transaction price per unit is zero, indicating the award was granted without a purchase price. The units are equity compensation that will settle in shares upon vesting rather than being bought in an open-market transaction.

What BAC share holdings does the Form 4 show for Okpara Johnbull after the award?

After the reported transactions, the Form 4 shows Johnbull directly holding 13,110 shares of Bank of America common stock and 50,000 shares of Preferred Stock, Series DD, in addition to the 69,219 restricted stock units reported as a derivative holding.
Bank of America

NYSE:BAC

BAC Rankings

BAC Latest News

BAC Latest SEC Filings

BAC Stock Data

378.80B
6.63B
8.29%
67.28%
1.32%
Banks - Diversified
National Commercial Banks
Link
United States
CHARLOTTE