Bank of America (BAC) operations chief sells 50,000 shares in open-market trade

Rhea-AI Filing Summary

Bank of America Chief Operations Executive Thomas M. Scrivener reported an open-market sale of common stock. He sold 50,000 shares of Bank of America common stock on March 5, 2026 at a weighted average price of about $49.82–$49.83 per share.

After this transaction, Scrivener continued to hold 227,973 shares of Bank of America common stock directly.

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

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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^*

Scrivener Thomas M

(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 Operations Executive

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

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	03/05/2026		S		50,000(1)	D	$49.82	227,973	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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.82 to $49.83, inclusive. The reporting person undertakes to provide to Bank of America Corporation, any security holder of Bank of America Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.

	Thomas M. Scrivener / Michael P. Lapp POA	03/06/2026
	** 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.

FAQ

What insider transaction did BAC executive Thomas M. Scrivener report on Form 4?

Thomas M. Scrivener reported an open-market sale of Bank of America common stock. He sold 50,000 shares on March 5, 2026 in multiple trades, with a weighted average price between $49.82 and $49.83 per share.

At what price did BAC’s Thomas M. Scrivener sell his 50,000 shares?

The 50,000 Bank of America shares were sold at a weighted average price reported as $49.82 per share. Footnote disclosure states the shares were sold in multiple transactions at prices ranging from $49.82 to $49.83, inclusive, on March 5, 2026.

How many Bank of America (BAC) shares does Thomas M. Scrivener hold after the sale?

Following the reported transaction, Thomas M. Scrivener directly holds 227,973 shares of Bank of America common stock. This figure reflects his ownership after selling 50,000 shares in open-market transactions on March 5, 2026, as disclosed in the Form 4 filing.

What does the Form 4 footnote say about BAC insider Thomas Scrivener’s sale prices?

The footnote explains that the reported price is a weighted average. Scrivener’s 50,000 shares were sold in multiple trades at prices between $49.82 and $49.83. Detailed breakdowns for each price point are available upon request from Bank of America or the SEC staff.

Was Thomas M. Scrivener’s BAC stock transaction a buy or a sell?

The Form 4 shows a sale transaction by Thomas M. Scrivener. It is coded as an open-market sale of 50,000 shares of Bank of America common stock, with the transaction identified under code “S” for sale in open market or private transaction.

What role does Thomas M. Scrivener hold at Bank of America (BAC)?

Thomas M. Scrivener is identified as Bank of America’s Chief Operations Executive. His status as an officer means his trades must be reported on Form 4, providing transparency into his ownership changes in Bank of America common stock for public investors.