Bank of America (NYSE: BAC) HR chief sells 60,000 shares
Rhea-AI Filing Summary
Bank of America Corporation’s Chief People Officer, Sheri B. Bronstein, reported an open-market sale of 60,000 shares of common stock. The shares were sold on March 5, 2026 at a weighted average price of $49.91 per share, in multiple trades between $49.65 and $50.24.
After this transaction, Bronstein directly holds 335,690 Bank of America common shares. The filing notes that detailed trade-by-trade pricing within the reported range is available on request.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 60,000 shares
Net Sell
1 txn
Insider
Bronstein Sheri B.
Role
Chief People Officer
Sold
60,000 shs ($2.99M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 60,000 | $49.91 | $2.99M |
Holdings After Transaction:
Common Stock — 335,690 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.65 to $50.24, 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Sheri B. Bronstein report for BAC?
Sheri B. Bronstein reported selling 60,000 Bank of America common shares. The March 5, 2026 open-market sale used a weighted average price of $49.91 per share, reflecting multiple trades within a disclosed price range on that date.
What role does Sheri B. Bronstein hold at Bank of America in this Form 4?
Sheri B. Bronstein is identified as Bank of America’s Chief People Officer. The Form 4 notes her status as an officer rather than a director or 10% owner, providing context for her insider position in relation to the reported share sale.
Was Sheri Bronstein’s BAC transaction an open-market sale or another type?
The transaction was an open-market sale of common stock. The Form 4 describes the code “S” as a sale in open market or private transaction, with the transaction characterized specifically as an open-market sale of 60,000 Bank of America shares.
Does the Form 4 for BAC offer more detail on individual sale prices?
Yes, more detailed pricing is available upon request. The filing explains that the reported price is a weighted average and that full information on the number of shares sold at each separate price within the $49.65–$50.24 range can be provided.