BAC CEO Moynihan reports RSU exercise, share return
Bank of America Chair and CEO Brian T. Moynihan reported compensation-related movements in Bank of America common stock.
Rhea-AI Filing Summary
Bank of America Chair and CEO Brian T. Moynihan reported compensation-related movements in Bank of America common stock. On May 15, 2026, he exercised 18,083 cash-settled restricted stock units, each economically equivalent to one share of common stock, and an equal number of common shares were disposed to the issuer at $49.77 per share. After these transactions, he directly owned 2,699,612 shares of common stock. He also held indirect interests in 100,000 shares through a trust and 3,613.619 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,083 shares exercised/converted
Exercise
5 txns
Insider
MOYNIHAN BRIAN T
Role
Chair and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2026 Cash Settled Restricted Stock Units | 18,083 | $0.00 | $0.00 |
| Exercise | Common Stock | 18,083 | $0.00 | $0.00 |
| Disposition | Common Stock | 18,083 | $49.77 | $900K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
2026 Cash Settled Restricted Stock Units — 162,746 contracts (Direct);
Common Stock — 2,699,612 shares (Direct);
Common Stock — 3,613.619 shares (Indirect, 401(k) Plan);
Common Stock — 100,000 shares (Indirect, By Trust)
Footnotes (2)
- F1. Each unit is the economic equivalent of one share of Bank of America Corporation common stock.
- F2. On February 13, 2026, 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 2026 and ending in February 2027.
Key Figures
Issuer disposition: 18,083 shares at $49.77
RSUs exercised: 18,083 units
Direct holdings: 2,699,612 shares
+3 more
6 metrics
Issuer disposition
18,083 shares at $49.77
Common Stock disposition to issuer on May 15, 2026
RSUs exercised
18,083 units
2026 Cash Settled Restricted Stock Units exercised May 15, 2026
Direct holdings
2,699,612 shares
Common Stock directly owned after transactions
Trust holdings
100,000 shares
Common Stock held indirectly by trust
401(k) holdings
3,613.619 shares
Common Stock held indirectly in 401(k) plan
Remaining RSUs
162,746 units
2026 Cash Settled Restricted Stock Units after exercise
Key Terms
Disposition to issuer, Cash Settled Restricted Stock Units, economic equivalent, 401(k) Plan, +1 more
5 terms
Disposition to issuer financial
"transaction_code_description: Disposition to issuer"
Cash Settled Restricted Stock Units financial
"security_title: 2026 Cash Settled Restricted Stock Units"
Cash-settled restricted stock units are employee compensation promises that mirror the value of company shares but pay out in cash instead of delivering actual stock once the units vest. Think of them as a future paycheck tied to the company’s share price that is paid after time or performance conditions are met. Investors watch them because they create future cash obligations for the company and avoid share dilution, both of which can affect earnings, cash flow and per-share metrics.
economic equivalent financial
"Each unit is the economic equivalent of one share of Bank of America Corporation common stock."
401(k) Plan financial
"nature_of_ownership: 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
vesting and payable solely in cash financial
"the reporting person was granted units, vesting and payable solely in cash"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did BAC CEO Brian Moynihan report in this Form 4 filing?
Brian Moynihan reported compensation-related stock movements, including exercising 18,083 cash-settled restricted stock units and returning 18,083 common shares to Bank of America at $49.77 per share. These transactions reflect administrative adjustments rather than an open-market stock purchase or sale.
What is the size and price of the issuer disposition in Brian Moynihan’s BAC Form 4?
The filing shows a disposition to the issuer of 18,083 Bank of America common shares at a price of $49.77 per share. This disposition matched the number of shares received from exercising cash-settled restricted stock units on the same date.
What are the 2026 Cash Settled Restricted Stock Units mentioned for BAC?
The 2026 Cash Settled Restricted Stock Units are awards economically equivalent to one share of Bank of America common stock each. According to the footnotes, they vest and are payable solely in cash monthly over a 12‑month period beginning March 2026 and ending February 2027.
How many cash-settled restricted stock units did Brian Moynihan exercise in this BAC filing?
Brian Moynihan exercised 18,083 2026 Cash Settled Restricted Stock Units, each economically equivalent to one Bank of America common share. This exercise was recorded with a conversion or exercise price of $0.00 per unit, consistent with equity-based compensation awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
