[Form 4] BANK OF AMERICA CORP /DE/ Insider Trading Activity
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 4,055 shares of Bank of America common stock.
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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.