Bank of America (BAC) risk chief reports RSU vesting, tax share dispositions

Rhea-AI Filing Summary

Bank of America (BAC) Chief Risk Officer Geoffrey S. Greener reported a series of equity compensation transactions dated February 15, 2026. Multiple grants of restricted stock units from 2022–2025 were exercised or converted into Bank of America common stock at a stated price of $0.0000 per share, reflecting vesting of previously awarded units. The resulting common shares are held indirectly through a revocable trust, which engaged in several F-code tax-withholding dispositions at $52.55 per share and D-code dispositions to the issuer. After these transactions, the revocable trust held 1,447,653 shares of Bank of America common stock indirectly for the reporting person. Overall, the Form 4 shows a mix of derivative exercises/conversions and related tax and issuer dispositions rather than open-market buying or selling.

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^*

Greener Geoffrey S

(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 Risk Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/15/2026

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	02/15/2026		M		21,830	A	(1)	1,395,269	I	Revocable Trust
Common Stock	02/15/2026		F		11,144(2)	D	$52.55	1,384,125	I	Revocable Trust
Common Stock	02/15/2026		M		75,000	A	(1)	1,459,125	I	Revocable Trust
Common Stock	02/15/2026		F		38,335(2)	D	$52.55	1,420,790	I	Revocable Trust
Common Stock	02/15/2026		M		26,853	A	(1)	1,447,643	I	Revocable Trust
Common Stock	02/15/2026		F		13,709(2)	D	$52.55	1,433,934	I	Revocable Trust
Common Stock	02/15/2026		M		14,478	A	(1)	1,448,412	I	Revocable Trust
Common Stock	02/15/2026		F		7,392(2)	D	$52.55	1,441,020	I	Revocable Trust
Common Stock	02/15/2026		M		14,478	A	(3)	1,455,498	I	Revocable Trust
Common Stock	02/15/2026		D		14,478	D	$52.55	1,441,020	I	Revocable Trust
Common Stock	02/15/2026		M		13,552	A	(1)	1,454,572	I	Revocable Trust
Common Stock	02/15/2026		F		6,919(2)	D	$52.55	1,447,653	I	Revocable Trust
Common Stock	02/15/2026		M		13,552	A	(3)	1,461,205	I	Revocable Trust
Common Stock	02/15/2026		D		13,552	D	$52.55	1,447,653	I	Revocable Trust

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
2022 Restricted Stock Units	(1)	02/15/2026		M			21,830	(4)	02/15/2026	Common Stock	21,830	(1)	0	D
Restricted Stock Units	(1)	02/15/2026		M			75,000	(5)	02/15/2026	Common Stock	75,000	(1)	0	D
2023 Restricted Stock Units	(1)	02/15/2026		M			26,853	(6)	02/15/2027	Common Stock	26,853	(1)	26,853	D
2024 Restricted Stock Units	(1)	02/15/2026		M			14,478	(7)	02/15/2028	Common Stock	14,478	(1)	28,957	D
2024 Restricted Stock Units	(3)	02/15/2026		M			14,478	(8)	02/15/2028	Common Stock	14,478	(3)	28,956	D
2025 Restricted Stock Units	(1)	02/15/2026		M			13,552	(9)	02/15/2029	Common Stock	13,552	(1)	40,657	D
2025 Restricted Stock Units	(3)	02/15/2026		M			13,552	(10)	02/15/2029	Common Stock	13,552	(3)	40,657	D

Explanation of Responses:

1. Each unit represents a contingent right to receive one share of Bank of America Corporation common stock.

2. Disposition of shares to the issuer to satisfy a tax withholding obligation.

3. Each unit is the economic equivalent of one share of Bank of America Corporation common stock.

4. On February 15, 2022, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2023.

5. On February 15, 2022, the reporting person was granted units, vesting in two equal annual installments commencing on February 15, 2025.

6. On February 15, 2023, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2024.

7. On February 15, 2024, the reporting person was granted units, vesting in shares in four equal annual installments commencing on February 15, 2025.

8. On February 15, 2024, the reporting person was granted units, vesting in cash in four equal annual installments commencing on February 15, 2025.

9. On February 14, 2025, the reporting person was granted units, vesting in shares in four equal annual installments commencing on February 15, 2026.

10. On February 14, 2025, the reporting person was granted units, vesting in cash in four equal annual installments commencing on February 15, 2026.

	Geoffrey S. Greener / Michael P. Lapp POA	02/18/2026
	** Signature of Reporting Person	Date
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FAQ

What did BAC Chief Risk Officer Geoffrey Greener report in this Form 4?

Geoffrey Greener reported vesting and exercise of multiple restricted stock unit grants into Bank of America common stock, along with related tax and issuer dispositions, all dated February 15, 2026, largely through a revocable trust that holds his indirect ownership.

How many Bank of America shares does Geoffrey Greener’s revocable trust hold after these transactions?

After the reported transactions, the revocable trust associated with Geoffrey Greener held 1,447,653 shares of Bank of America common stock indirectly. This figure reflects the net position following derivative conversions, tax-withholding share deliveries, and dispositions to the issuer on February 15, 2026.

Were Geoffrey Greener’s BAC transactions open-market buys or sells?

The reported transactions were not open-market buys or sells. They primarily involved derivative exercises or conversions of restricted stock units into common stock, plus F-code tax-withholding dispositions and D-code dispositions to the issuer, all tied to equity compensation vesting.

What types of securities were involved in Geoffrey Greener’s BAC Form 4 filing?

The filing shows restricted stock units from 2022, 2023, 2024, and 2025 awards, and resulting Bank of America common stock. Each unit is described as economically equivalent to one share of common stock, converting into shares as vesting conditions are met on scheduled dates.

How were tax obligations handled in Geoffrey Greener’s BAC equity transactions?

Tax obligations were handled through F-code transactions, where shares of Bank of America common stock were delivered at $52.55 per share. These dispositions satisfied exercise price or tax withholding liabilities arising from the vesting and conversion of restricted stock unit awards.

What do the vesting footnotes in Geoffrey Greener’s BAC Form 4 indicate?

The footnotes explain that different RSU grants vest in equal annual installments, some settling in shares and some in cash. Grants made in 2022, 2023, 2024, and 2025 each follow specific four-year or two-year vesting schedules starting on designated February 15 commencement dates.