BAC CEO logs RSU conversion and sale; 2,651,313 shares held
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bank of America (BAC) reported an insider transaction by Chair and CEO Brian T. Moynihan on 10/15/2025. He reported a conversion related to cash‑settled restricted stock units and a same‑day sale of 17,892 shares at $52.28.
Following the transactions, he beneficially owned 2,651,313 BAC shares directly. Additional holdings include 3,568.159 share equivalents in a 401(k) plan and 100,000 shares held indirectly by a trust. The derivative line reflects cash‑settled RSUs, with each unit economically equivalent to one share and a remaining balance of 71,566 units. The grant vests in twelfths on the 15th of each month from March 2025 through February 2026 and is payable solely in cash.
Positive
- None.
Negative
- None.
Insider Trade Summary
17,892 shares exercised/converted
Mixed
5 txns
Insider
MOYNIHAN BRIAN T
Role
Chair and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2025 Cash Settled Restricted Stock Units | 17,892 | $0.00 | -- |
| Exercise | Common Stock | 17,892 | $0.00 | -- |
| Disposition | Common Stock | 17,892 | $52.28 | $935K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
2025 Cash Settled Restricted Stock Units — 71,566 shares (Direct);
Common Stock — 2,669,205 shares (Direct);
Common Stock — 3,568.159 shares (Indirect, 401(k) Plan)
Footnotes (1)
- Each unit is the economic equivalent of one share of Bank of America Corporation common stock. The share equivalents attributed to the reporting person's 401(k) balance increased 14.904 shares due to dividend reinvestments and changes in the Net Asset Value (NAV) of the issuer's stock fund. 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.
FAQ
What did BAC’s CEO report on Form 4 dated 10/15/2025?
A conversion related to cash‑settled RSUs and a sale of 17,892 shares at $52.28.
What indirect holdings were disclosed by the BAC CEO?
He reported 3,568.159 share equivalents in a 401(k) plan and 100,000 shares held by trust.
How many cash‑settled RSUs remain for the BAC CEO?
The filing shows 71,566 cash‑settled RSUs remaining beneficially owned.
How do the BAC CEO’s cash‑settled RSUs vest and pay out?
Each unit equals one share economically and is payable solely in cash, vesting in twelfths on the 15th of each month from March 2025 to February 2026.
Did the 401(k) balance change due to dividends?
Yes. Share equivalents rose by 14.904 due to dividend reinvestments and NAV changes in the issuer’s stock fund.