Brian Moynihan (NYSE: BAC) gifts 100,000 Bank of America shares to charity
Rhea-AI Filing Summary
Bank of America Chair and CEO Brian T. Moynihan reported a charitable gift of 100,000 shares of common stock on February 4, 2026, coded as transaction type G at a price of $0 per share. After this gift, he directly beneficially owns 2,421,313 common shares.
He also reports indirect holdings of 3,583.484 common shares through a 401(k) plan and 100,000 common shares held by trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 100,000 shares
Net Sell
3 txns
Insider
MOYNIHAN BRIAN T
Role
Chair and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 100,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,421,313 shares (Direct);
Common Stock — 3,583.484 shares (Indirect, 401(k) Plan);
Common Stock — 100,000 shares (Indirect, By Trust)
Footnotes (1)
- F1. Represents a charitable gift by the reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did BAC CEO Brian Moynihan report on February 4, 2026?
Brian Moynihan reported a charitable gift of 100,000 shares of Bank of America common stock on February 4, 2026. The transaction was coded G and recorded at a price of $0 per share, reflecting a donation rather than an open-market sale.
Was Brian Moynihan’s February 2026 BAC stock transaction a sale or a gift?
The February 2026 transaction was a charitable gift, not a sale. The Form 4 identifies transaction code G and includes a footnote clarifying that the 100,000 Bank of America shares represent a charitable gift made by the reporting person, Brian Moynihan.
What is transaction code G in Brian Moynihan’s Bank of America Form 4 filing?
Transaction code G in this Form 4 indicates a bona fide gift of securities. The filing states that the 100,000 Bank of America common shares transferred on February 4, 2026 represent a charitable gift by Brian Moynihan, with no transaction price paid per share.