Bank of America (BAC): Vice Chair gifts 15,000 shares — Form 4

Bank of America insider transaction reported Bruce R. Thompson, identified as Vice Chair, Head Ent Credit, disclosed a charitable gift of 15,000 common shares of Bank of America.

Rhea-AI Filing Summary

Bank of America insider transaction reported Bruce R. Thompson, identified as Vice Chair, Head Ent Credit, disclosed a charitable gift of 15,000 common shares of Bank of America. The filing shows he directly beneficially owns 749,780 common shares following the reported transaction and indirectly owns 225,000 common shares through a trust. The filing also lists 60,000 shares of Preferred Stock, Series NN as indirectly owned by a trust and 40,000 shares of Preferred Stock, Series LL as directly owned.

The form explicitly explains the transaction code as a charitable gift and records no derivative securities or option transactions in the report. The signature line indicates the report was executed with a power of attorney on behalf of the reporting person.

Insights

Financial Analyst

TL;DR: Officer reported a charitable gift of 15,000 common shares; the filing discloses direct and indirect holdings, with no derivatives reported.

The transaction is coded G, which the filer explains as a charitable gift, indicating a transfer without cash proceeds rather than a sale. The report quantifies the reporting person’s holdings: 749,780 common shares directly and 225,000 indirectly via trust, plus disclosed preferred holdings. No derivative transactions are listed, so there is no immediate change to option-based dilution or hedging positions disclosed here. From a pure market-impact perspective, the filing documents transparency of insider holdings; it does not show a cash-sale signal.

Corporate Governance Expert

TL;DR: Routine Form 4 disclosure of a charitable gift by a senior officer; filing demonstrates compliance with Section 16 reporting.

The filing identifies Bruce R. Thompson’s role and provides itemized beneficial ownership across common and preferred classes, and an explanatory note that the reduced position reflects a charitable gift. The presence of a power-of-attorney signature is documented. This submission aligns with routine insider-reporting practices and serves governance and transparency functions; it contains no indications of unusual trading behavior or governance events beyond the charitable disposition.

Insider Trade Summary

15,000 shares gifted

Gift 4 txns

Insider Thompson Bruce R.

Role Vice Chair, Head Ent Credit

Type	Security	Shares	Price	Value
Gift	Common Stock	15,000	$0.00	$0.00
holding	Common Stock	--	--	--
holding	Preferred Stock, Series NN	--	--	--
holding	Preferred Stock, Series LL	--	--	--

Holdings After Transaction: Common Stock — 749,780 shares (Direct); Common Stock — 225,000 shares (Indirect, by Trust); Preferred Stock, Series NN — 60,000 shares (Indirect, by Trust); Preferred Stock, Series LL — 40,000 shares (Direct)

Footnotes (1)

1. F1. Represents a charitable gift by the reporting person.

FAQ

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

What transaction did Bruce R. Thompson report on the BAC Form 4?

The Form 4 reports a transaction coded G, identified in the filing as a charitable gift of 15,000 common shares of Bank of America.

How many Bank of America common shares does Bruce R. Thompson directly own after the reported transaction?

The filing shows 749,780 common shares beneficially owned directly following the reported transaction.

Does the Form 4 disclose any indirect holdings for Bruce R. Thompson in BAC?

Yes. The Form 4 lists 225,000 common shares held indirectly by a trust and 60,000 shares of Preferred Stock, Series NN held indirectly by a trust.

Are any derivative securities or options reported in this Form 4 for BAC?

No. Table II for derivative securities is empty in this filing, indicating no derivative transactions were reported.

Who signed the Form 4 filing for Bruce R. Thompson?

The signature block shows Bruce R. Thompson / Michael P. Lapp POA, indicating the report was executed with a power of attorney on behalf of the reporting person.

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

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Accepted by SEC EDGAR 08/08/2025 - 05:17 PM 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^*

Thompson Bruce R.

(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)
	Vice Chair, Head Ent Credit

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

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	08/08/2025		G(1)		15,000	D	$0	749,780	D
Common Stock								225,000	I	by Trust
Preferred Stock, Series NN								60,000	I	by Trust
Preferred Stock, Series LL								40,000	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

Explanation of Responses:

1. Represents a charitable gift by the reporting person.

	Bruce R. Thompson / Michael P. Lapp POA	08/08/2025
	** 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.