Bank of America director granted 5,365 shares
Martinez Maria reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Martinez Maria reported acquisition or exercise transactions in this Form 4 filing.
Bank of America director Maria Martinez received a grant of 5,365 shares of common stock as annual compensation for board service under the Bank of America Corporation Equity Plan, in a transaction exempt under Rule 16b-3. The award was recorded at a price of $0.00 per share and increased her direct holdings to 13,984 common shares. A separate entry reports 465 common shares held indirectly by a trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,365 | $0.00 | $0.00 |
| Holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Shares represent payment of annual compensation for services as a director under the Bank of America Corporation Equity Plan in transactions exempt under Rule 16b-3.
Key Figures
Key Terms
Rule 16b-3 regulatory
Equity Plan financial
grant, award, or other acquisition financial
indirect ownership financial
FAQ
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What did Bank of America (BAC) director Maria Martinez report in this Form 4?
What is the significance of Rule 16b-3 in Maria Martinez’s Bank of America Form 4?
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