Brian Moynihan (NYSE: BAC) exercises RSUs and sells 17,891 shares

Rhea-AI Filing Summary

Bank of America (BAC) Chair and CEO Brian Moynihan reported an equity compensation transaction and share sale. On January 15, 2026, he exercised 17,891 2025 cash-settled restricted stock units, each economically equivalent to one share of common stock, and acquired the same number of common shares. That same day, he disposed of 17,891 common shares at $52.59 per share.

After these transactions, Moynihan directly owned 2,521,313 Bank of America common shares, plus 3,583.484 share equivalents in a 401(k) plan and 100,000 shares held by a trust. The restricted stock units come from a February 14, 2025 grant that vests monthly from March 2025 through February 2026.

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^*

MOYNIHAN BRIAN T

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chair and CEO

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

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	01/15/2026		M		17,891	A	(1)	2,539,204	D
Common Stock	01/15/2026		D		17,891	D	$52.59	2,521,313	D
Common Stock								3,583.484(2)	I	401(k) Plan
Common Stock								100,000	I	By 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
2025 Cash Settled Restricted Stock Units	(1)	01/15/2026		M			17,891	(3)	02/15/2026	Common Stock	17,891	(1)	17,892	D

Explanation of Responses:

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

2. The share equivalents attributed to the reporting person's 401(k) balance increased 15.325 shares due to dividend reinvestments and changes in the Net Asset Value (NAV) of the issuer's stock fund.

3. On February 14, 2025, 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 2025 and ending in February 2026.

	Brian T. Moynihan / Michael P. Lapp POA	01/20/2026
	** 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).
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FAQ

What insider transaction did BAC CEO Brian Moynihan report on this Form 4?

Brian Moynihan reported exercising 17,891 2025 cash-settled restricted stock units into Bank of America common stock and selling 17,891 common shares on January 15, 2026.

How many Bank of America shares did Brian Moynihan sell and at what price?

He disposed of 17,891 shares of Bank of America common stock at a price of $52.59 per share.

How many Bank of America shares does Brian Moynihan own after this transaction?

Following the reported transactions, he directly owned 2,521,313 common shares. In addition, there were 3,583.484 share equivalents in a 401(k) plan and 100,000 shares held by a trust.

What are the 2025 cash-settled restricted stock units reported by BAC's CEO?

The Form 4 describes 2025 cash-settled restricted stock units, where each unit is the economic equivalent of one share of Bank of America common stock, but they are vested and paid in cash rather than stock.

What is the vesting schedule for Brian Moynihans 2025 restricted stock units at Bank of America (BAC)?

The filing states that, from a February 14, 2025 grant, 1/12th of the stock units vest and become payable on the 15th day of each month during the 12-month period from March 2025 through February 2026.

Did Brian Moynihan's 401(k) holdings in BAC change in this Form 4?

Yes. The explanation notes that the share equivalents in his 401(k) balance increased by 15.325 shares due to dividend reinvestments and changes in the Net Asset Value of the issuer's stock fund, resulting in 3,583.484 share equivalents.

What indirect holdings of Bank of America stock are reported for Brian Moynihan?

The Form 4 reports indirect ownership of 3,583.484 share equivalents through a 401(k) plan and 100,000 common shares held by a trust.