BAC insider Form 4: RSU conversion and tax share withholding

Rhea-AI Filing Summary

Bank of America Corporation (BAC) reported an insider equity transaction by its Chief Technology & Information Officer. On 11/15/2025, the executive exercised 2,703 restricted stock units, each convertible into one share of Bank of America common stock. As part of the same event, 1,383 shares were withheld and disposed of at $52.61 per share to satisfy tax withholding obligations, a common administrative step rather than an open-market sale. Following these transactions, the executive directly beneficially owns 2,672 shares of Bank of America common stock.

Insider Trade Summary

Net Buyer: 1,320 shares

Net Buy 3 txns

Insider Gopalkrishnan Hari

Role Chief Tech & Info Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	2,703	$0.00	$0.00
Exercise	Common Stock	2,703	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	1,383	$52.61	$73K

Holdings After Transaction: Restricted Stock Units — 2,703 shares (Direct); Common Stock — 2,672 shares (Direct)

Footnotes (3)

1. F1. Each unit represents a contingent right to receive one share of Bank of America Corporation common stock.
2. F2. Disposition of shares to the issuer to satisfy a tax withholding obligation.
3. F3. On February 15, 2022, the reporting person was granted units, vesting in sixteen equal quarterly installments commencing May 15, 2022.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 11/18/2025 - 04:26 PM Learn about SEC filing dates

FAQ

What insider transaction did BAC report for 11/15/2025?

Bank of America reported that its Chief Technology & Information Officer exercised 2,703 restricted stock units on 11/15/2025, converting them into an equal number of common shares.

How many Bank of America (BAC) shares were sold or withheld in this Form 4 filing?

The filing shows a disposition of 1,383 shares of Bank of America common stock at $52.61 per share to satisfy tax withholding obligations.

How many BAC shares does the reporting person own after the transaction?

After the reported transactions, the executive directly beneficially owns 4,055 shares of Bank of America common stock.

Who is the Bank of America insider involved in this Form 4 filing?

The reporting person is Bank of America’s Chief Technology & Information Officer, identified in the signature block as Hari Gopalkrishnan, with a power of attorney signer.

What type of securities were involved in the BAC Form 4 transaction?

The transaction involved restricted stock units converting into Bank of America common stock, with each unit representing a contingent right to receive one share.

Why were some BAC shares disposed of in this Form 4?

The filing explains that the 1,383 shares were disposed of to the issuer to satisfy a tax withholding obligation related to the vesting and settlement of restricted stock units.

When were the original BAC restricted stock units granted and how do they vest?

The filing states that the units were granted on February 15, 2022 and vest in sixteen equal quarterly installments commencing May 15, 2022.

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^*

Gopalkrishnan Hari

(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 Tech & Info Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/15/2025

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	11/15/2025		M		2,703	A	(1)	4,055	D
Common Stock	11/15/2025		F		1,383(2)	D	$52.61	2,672	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
Restricted Stock Units	(1)	11/15/2025		M			2,703	(3)	02/15/2026	Common Stock	2,703	(1)	2,703	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. On February 15, 2022, the reporting person was granted units, vesting in sixteen equal quarterly installments commencing May 15, 2022.

	Hari Gopalkrishnan / Michael P. Lapp POA	11/18/2025
	** 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.
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.