Bank of America executive exercises RSUs, covers tax

Bank of America’s Chief Operations Executive Thomas M. Scrivener reported multiple equity transactions in common stock and restricted stock units dated February 15, 2026.

Accepted by SEC EDGAR 02/18/2026 - 07:06 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Bank of America’s Chief Operations Executive Thomas M. Scrivener reported multiple equity transactions in common stock and restricted stock units dated February 15, 2026. Several batches of restricted stock units were converted into common shares at no exercise price, reflecting scheduled vesting of prior equity awards.

To cover tax withholding obligations and dispositions to the issuer, Scrivener delivered portions of the newly acquired shares at a reference price of $52.55 per share. After these acquisitions and related disposals, he directly owned 253,673 shares of Bank of America common stock.

Insider Trade Summary

101,523 shares exercised/converted

Exercise 21 txns

Insider Scrivener Thomas M

Role Chief Operations Executive

Type	Security	Shares	Price	Value
Exercise	2022 Restricted Stock Units	15,528	$0.00	$0.00
Exercise	Restricted Stock Units	50,000	$0.00	$0.00
Exercise	2023 Restricted Stock Units	9,367	$0.00	$0.00
Exercise	2024 Restricted Stock Units	7,239	$0.00	$0.00
Exercise	2024 Restricted Stock Units	7,239	$0.00	$0.00
Exercise	2025 Restricted Stock Units	6,075	$0.00	$0.00
Exercise	2025 Restricted Stock Units	6,075	$0.00	$0.00
Exercise	Common Stock	15,528	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	6,814	$52.55	$358K
Exercise	Common Stock	50,000	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	21,939	$52.55	$1.15M
Exercise	Common Stock	9,367	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	4,124	$52.55	$217K
Exercise	Common Stock	7,239	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	3,190	$52.55	$168K
Exercise	Common Stock	7,239	$0.00	$0.00
Disposition	Common Stock	7,239	$52.55	$380K
Exercise	Common Stock	6,075	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	2,676	$52.55	$141K
Exercise	Common Stock	6,075	$0.00	$0.00
Disposition	Common Stock	6,075	$52.55	$319K

Holdings After Transaction: 2022 Restricted Stock Units — 0 contracts (Direct); Restricted Stock Units — 0 contracts (Direct); 2023 Restricted Stock Units — 9,368 contracts (Direct); 2024 Restricted Stock Units — 28,957 contracts (Direct); 2025 Restricted Stock Units — 36,451 contracts (Direct); Common Stock — 256,997 shares (Direct)

Footnotes (10)

1. F1. Each unit represents a contingent right to receive one share of Bank of America Corporation common stock.
2. F2. Disposition of shares to the issuer to satisfy a tax withholding obligation.
3. F3. Each unit is the economic equivalent of one share of Bank of America Corporation common stock.
4. F4. On February 15, 2022, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2023.
5. F5. On February 15, 2022, the reporting person was granted units, vesting in two equal annual installments commencing on February 15, 2025.
6. F6. On February 15, 2023, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2024.
7. F7. On February 15, 2024, the reporting person was granted units, vesting in shares in four equal annual installments commencing on February 15, 2025.
8. F8. On February 15, 2024, the reporting person was granted units, vesting in cash in four equal annual installments commencing on February 15, 2025.
9. F9. On February 14, 2025, the reporting person was granted units, vesting in shares in four equal annual installments commencing on February 15, 2026.
10. F10. On February 14, 2025, the reporting person was granted units, vesting in cash in four equal annual installments commencing on February 15, 2026.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did BAC executive Thomas Scrivener report?

Thomas Scrivener reported multiple transactions involving Bank of America (BAC) equity. Several restricted stock unit awards converted into common stock, and some of the resulting shares were delivered back to the issuer or for tax withholding purposes on February 15, 2026.

Did the BAC insider filing show Thomas Scrivener buying or selling shares?

The BAC filing shows Thomas Scrivener acquiring shares through restricted stock unit conversions and disposing shares for tax withholding and issuer-related purposes. These include tax-withholding dispositions and dispositions to the issuer, rather than ordinary open-market purchase or sale transactions.

How many Bank of America shares does Thomas Scrivener own after these transactions?

After the reported February 15, 2026 activity, Thomas Scrivener directly owns 253,673 shares of Bank of America (BAC) common stock. This figure reflects the combined effect of restricted stock unit conversions into shares and related share deliveries for tax and issuer disposition purposes.

What price was used for Thomas Scrivener’s BAC tax-withholding share dispositions?

The tax-withholding dispositions of Bank of America (BAC) common stock for Thomas Scrivener used a reference price of $52.55 per share. This price applied to shares delivered to satisfy tax obligations connected to the vesting and conversion of restricted stock unit awards.

What types of equity awards were involved in the BAC insider Form 4?

The BAC Form 4 shows several categories of restricted stock units, including 2022, 2023, 2024, and 2025 grants. These units convert into Bank of America common stock or cash in scheduled annual installments, with each unit generally economically equivalent to one share of common stock.

When do Thomas Scrivener’s BAC restricted stock units vest over time?

Footnotes indicate multiple vesting schedules for Thomas Scrivener’s Bank of America (BAC) units. Grants from 2022, 2023, 2024, and 2025 vest in equal annual installments starting on specific February 15 or February 14 dates, with some awards settling in shares and others in cash.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Scrivener Thomas M

(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 Operations Executive

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		15,528	A	(1)	223,059	D
Common Stock	02/15/2026		F		6,814(2)	D	$52.55	216,245	D
Common Stock	02/15/2026		M		50,000	A	(1)	266,245	D
Common Stock	02/15/2026		F		21,939(2)	D	$52.55	244,306	D
Common Stock	02/15/2026		M		9,367	A	(1)	253,673	D
Common Stock	02/15/2026		F		4,124(2)	D	$52.55	249,549	D
Common Stock	02/15/2026		M		7,239	A	(1)	256,788	D
Common Stock	02/15/2026		F		3,190(2)	D	$52.55	253,598	D
Common Stock	02/15/2026		M		7,239	A	(3)	260,837	D
Common Stock	02/15/2026		D		7,239	D	$52.55	253,598	D
Common Stock	02/15/2026		M		6,075	A	(1)	259,673	D
Common Stock	02/15/2026		F		2,676(2)	D	$52.55	256,997	D
Common Stock	02/15/2026		M		6,075	A	(3)	263,072	D
Common Stock	02/15/2026		D		6,075	D	$52.55	256,997	D

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			15,528	(4)	02/15/2026	Common Stock	15,528	(1)	0	D
Restricted Stock Units	(1)	02/15/2026		M			50,000	(5)	02/15/2026	Common Stock	50,000	(1)	0	D
2023 Restricted Stock Units	(1)	02/15/2026		M			9,367	(6)	02/15/2027	Common Stock	9,367	(1)	9,368	D
2024 Restricted Stock Units	(1)	02/15/2026		M			7,239	(7)	02/15/2028	Common Stock	7,239	(1)	14,479	D
2024 Restricted Stock Units	(3)	02/15/2026		M			7,239	(8)	02/15/2028	Common Stock	7,239	(3)	14,478	D
2025 Restricted Stock Units	(1)	02/15/2026		M			6,075	(9)	02/15/2029	Common Stock	6,075	(1)	18,226	D
2025 Restricted Stock Units	(3)	02/15/2026		M			6,075	(10)	02/15/2029	Common Stock	6,075	(3)	18,225	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.

	Thomas M. Scrivener / Michael P. Lapp POA	02/18/2026
	** Signature of Reporting Person	Date
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