BAC director granted 5,365 shares in equity award

Bank of America director Jose E. Almeida received 5,365 shares of common stock as annual compensation for board service under the Bank of America Corporation Equity Plan.

Rhea-AI Filing Summary

Bank of America director Jose E. Almeida received 5,365 shares of common stock as annual compensation for board service under the Bank of America Corporation Equity Plan. The shares were granted at no cash cost to him and are treated as an acquisition of stock.

Following this grant, Almeida directly holds a total of 33,606 Bank of America common shares. The transaction is characterized as a routine equity award to a non-employee director in a transaction exempt under Rule 16b-3.

Insider Trade Summary

Grant/Award: 5,365 shares

Grant/Award 1 txn

Insider ALMEIDA JOSE E

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,365	$0.00	$0.00

Holdings After Transaction: Common Stock — 33,606 shares (Direct)

Footnotes (1)

1. F1. Shares represent payment of annual compensation for services as a director under the Bank of America Corporation Equity Plan in transactions exempt under Rule 16b-3.

Key Figures

Shares granted: 5,365 shares Post-transaction holdings: 33,606 shares Grant price per share: $0.0000 per share

3 metrics

Shares granted 5,365 shares Annual director compensation grant of common stock

Post-transaction holdings 33,606 shares Total Bank of America common stock directly held after grant

Grant price per share $0.0000 per share Reported transaction price for awarded shares

Key Terms

Bank of America Corporation Equity Plan, Rule 16b-3, annual compensation, non-derivative

4 terms

Bank of America Corporation Equity Plan financial

"Shares represent payment of annual compensation for services as a director under the Bank of America Corporation Equity Plan"

Rule 16b-3 regulatory

"under the Bank of America Corporation Equity Plan in transactions exempt under Rule 16b-3"

Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.

annual compensation financial

"Shares represent payment of annual compensation for services as a director"

non-derivative financial

"transaction_type": "non-derivative"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did BAC director Jose E. Almeida report on this Form 4?

Jose E. Almeida reported receiving 5,365 Bank of America common shares as annual director compensation. The shares were granted under the Bank of America Corporation Equity Plan and recorded as a stock acquisition, not an open‑market purchase or sale.

How many BAC shares does Jose E. Almeida hold after this grant?

After this equity grant, Jose E. Almeida directly holds 33,606 shares of Bank of America common stock. This total reflects his position immediately after the reported award of 5,365 shares for board service compensation.

Was cash paid for the BAC shares granted to Jose E. Almeida?

No cash was paid for these shares. The 5,365 Bank of America common shares were issued at a reported price of $0.0000 per share as stock-based annual compensation for his role as a director, not as a market transaction.

What is the purpose of the BAC equity grant reported by Jose E. Almeida?

The equity grant represents annual compensation for services as a director. The 5,365 Bank of America shares were awarded under the Bank of America Corporation Equity Plan in a transaction exempt from short-swing profit rules under SEC Rule 16b-3.

Is this BAC Form 4 transaction a buy or sell in the open market?

This transaction is not an open-market buy or sell. It is a grant or award acquisition of 5,365 Bank of America shares as director compensation, categorized as a non-derivative stock award exempt under Rule 16b-3 rather than a discretionary trade.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/06/2026 - 05:49 PM Learn about SEC filing dates

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^*

ALMEIDA JOSE E

(Last) (First) (Middle)

100 NORTH TRYON STREET

(Street)

CHARLOTTE NORTH CAROLINA 28255

(City) (State) (Zip)

UNITED STATES

(Country)

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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026

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

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

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

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	05/04/2026		A(1)		5,365	A	$0	33,606	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

Explanation of Responses:

1. Shares represent payment of annual compensation for services as a director under the Bank of America Corporation Equity Plan in transactions exempt under Rule 16b-3.

	Jose E. Almeida / Michael P. Lapp POA	05/06/2026
	** 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.
* Form 4: SEC 1474 (03-26)