[Form 4] Bank of America Corporation Insider Trading Activity

Rhea-AI Filing Summary

Reporting person: Hans Lindsay D., President, Merrill Wealth Management, reported transactions in Bank of America Corporation (BAC) common stock on 08/15/2025.

He acquired 974 restricted stock units (RSUs) (each unit convertible to one share) under a grant originally awarded 02/15/2022 that vest in quarterly installments; following that acquisition his beneficial ownership of common stock is reported as 39,584 shares (direct). On the same date he disposed of 467 shares$46.94

Insights

Securities Analyst

TL;DR: Routine insider equity compensation and tax-withholding sale; no new material change to control or stake.

This Form 4 discloses a compensation-related vesting event and a corresponding disposition to satisfy tax withholding. The reporting person received 974 RSUs tied to a 2022 grant schedule and surrendered 467 shares at $46.94 to cover taxes, leaving roughly 39.1k shares owned directly. These are standard Section 16 filings reflecting compensation mechanics rather than open-market trading or strategic stake changes.

Corporate Governance Expert

TL;DR: Filing documents expected executive vesting and tax-related share surrender; disclosure appears complete for the transactions reported.

The filing identifies the reporting person as an officer and lists transaction codes consistent with vesting (M) and disposition for tax withholding (F). The RSUs originate from a grant on 02/15/2022 with quarterly vesting beginning 05/15/2022; the filing quantifies post-transaction ownership. Signature via POA dated 08/19/2025 is included, which is acceptable for Form 4 execution.

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^*

Hans Lindsay D.

(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)
	Pres, Merrill Wealth Mgmt

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

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	08/15/2025		M		974	A	(1)	39,584	D
Common Stock	08/15/2025		F		467(2)	D	$46.94	39,117	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
Restricted Stock Units	(1)	08/15/2025		M			974	(3)	02/15/2026	Common Stock	974	(1)	1,950	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. On February 15, 2022, the reporting person was granted units, vesting in sixteen equal quarterly installments commencing May 15, 2022.

	Lindsay D. Hans / Michael P. Lapp POA	08/19/2025
	** 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.

FAQ

What transactions did Hans Lindsay D. report for BAC on the Form 4?

The filing reports receipt of 974 RSUs (vesting event) and a disposition of 467 shares to satisfy tax withholding at $46.94 per share on 08/15/2025.

How many BAC shares does the reporting person own after these transactions?

After the transactions the reporting person is reported to beneficially own 39,117 shares of Bank of America common stock (direct ownership).

What is the origin and vesting schedule of the RSUs reported?

The RSUs stem from a grant on 02/15/2022 that vests in 16 equal quarterly installments commencing 05/15/2022.

Why were shares disposed of in this filing?

The filing states 467 shares were disposed to the issuer to satisfy a tax withholding obligation related to the vesting.

Who signed the Form 4 and when?

The Form 4 was signed by Lindsay D. Hans / Michael P. Lapp POA on 08/19/2025.