Bank of America CEO returns 18,083 shares to issuer

The monthly unit schedule runs from March 2026 through February 2027, with one-twelfth vesting and becoming payable on each month's 15th day.

Rhea-AI Filing Summary

Bank of America Corporation Chair and CEO Brian T. Moynihan reported transactions on October 15, 2026 involving 18,083 2026 cash-settled restricted stock units, each economically equivalent to one common share. The records list 18,083 common shares acquired and 18,083 shares returned to the issuer at $51.70 per share. The units were granted February 13, 2026 and vest and become payable solely in cash in monthly installments. The reported post-transaction position was 72,332 units; indirect holdings included 3,648.364 common-share equivalents in a 401(k) plan and 100,000 shares by trust.

Insider Trade Summary

18,083 shares exercised/converted

Exercise 5 txns

Insider MOYNIHAN BRIAN T

Role Chair and CEO

Type	Security	Shares	Price	Value
Exercise	2026 Cash Settled Restricted Stock Units F1, F3	18,083	--	--
Exercise	Common Stock F1	18,083	--	--
Disposition	Common Stock	18,083	$51.70	$935K
holding	Common Stock F2	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: 2026 Cash Settled Restricted Stock Units — 72,332 contracts (Direct); Common Stock — 2,699,612 shares (Direct); Common Stock — 3,648.364 shares (Indirect, 401(k) Plan); Common Stock — 100,000 shares (Indirect, By Trust)

Footnotes (3)

1. F1. Each unit is the economic equivalent of one share of Bank of America Corporation common stock.
2. F2. The share equivalents attributed to the reporting person's 401(k) balance increased 25.232 shares due to dividend reinvestments and changes in the Net Asset Value of the issuer's stock fund.
3. F3. On February 13, 2026, 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 2026 and ending in February 2027.

Key Figures

2026 cash-settled restricted stock units involved: 18,083 units Common shares acquired: 18,083 shares Common shares returned to issuer: 18,083 shares at $51.70 per share +3 more

6 metrics

2026 cash-settled restricted stock units involved 18,083 units October 15, 2026

Common shares acquired 18,083 shares October 15, 2026

Common shares returned to issuer 18,083 shares at $51.70 per share October 15, 2026

Restricted stock units after transaction 72,332 units Reported following the October 15, 2026 transaction

401(k) common-share equivalents 3,648.364 shares Indirect holding reported for October 15, 2026

Trust common-stock holding 100,000 shares Indirect holding reported for October 15, 2026

Key Terms

Cash Settled Restricted Stock Units, economic equivalent, Net Asset Value

3 terms

Cash Settled Restricted Stock Units financial

"2026 Cash Settled Restricted Stock Units"

Cash-settled restricted stock units are employee compensation promises that mirror the value of company shares but pay out in cash instead of delivering actual stock once the units vest. Think of them as a future paycheck tied to the company’s share price that is paid after time or performance conditions are met. Investors watch them because they create future cash obligations for the company and avoid share dilution, both of which can affect earnings, cash flow and per-share metrics.

economic equivalent financial

"Each unit is the economic equivalent of one share"

Net Asset Value financial

"changes in the Net Asset Value of the issuer's stock fund"

Net asset value is the total value of an investment fund's assets minus any liabilities, divided by the number of shares or units outstanding. It represents the per-share worth of the fund, similar to how the value of a house is determined by its total worth after debts are subtracted. Investors use it to gauge the true value of their holdings and to compare different investment options.

FAQ

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

How many shares did BAC Chair and CEO Brian T. Moynihan return to the issuer?

Brian T. Moynihan returned 18,083 common shares to the issuer on October 15, 2026, at $51.70 per share. The same date's records list 18,083 common shares acquired in connection with 2026 cash-settled restricted stock units.

When do Brian T. Moynihan's BAC cash-settled restricted stock units vest?

The units granted February 13, 2026 vest and become payable solely in cash in monthly installments: one-twelfth on the 15th day of each month from March 2026 through February 2027.

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

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Available on EDGAR 10/19/2026 - 04:08 PM EDT Accepted by SEC EDGAR 10/19/2026 - 04:08 PM EDT Learn about SEC filing dates

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^*

MOYNIHAN BRIAN T

(Last) (First) (Middle)

100 NORTH TRYON STREET

(Street)

CHARLOTTE NORTH CAROLINA 28255

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	10/15/2026		M		18,083	A	(1)	2,717,695	D
Common Stock	10/15/2026		D		18,083	D	$51.7	2,699,612	D
Common Stock								3,648.364(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
2026 Cash Settled Restricted Stock Units	(1)	10/15/2026		M			18,083	(3)	02/15/2027	Common Stock	18,083	(1)	72,332	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 25.232 shares due to dividend reinvestments and changes in the Net Asset Value of the issuer's stock fund.

3. On February 13, 2026, 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 2026 and ending in February 2027.

	Brian T. Moynihan / Michael P. Lapp POA	10/19/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)