Bank of America SEC Filings

Bank of America Corporation, together with Bank of America N.A. and BofA Securities, Inc., filed a joint Form 4 to report that their combined beneficial ownership in Aptevo Therapeutics Inc. (APVO) has fallen below 10%. The filing lists the reporting entities' Charlotte, NC addresses and includes authorized signatures dated 10/03/2025. The statement explains the purpose is to indicate these entities are no longer subject to Section 16 reporting obligations because their ownership decreased under the 10% threshold.

Bank of America Corporation and two wholly owned subsidiaries — Bank of America N.A. and BofA Securities, Inc. — jointly filed an initial Form 3 reporting beneficial ownership in Aptevo Therapeutics Inc. (APVO). The filing shows a combined indirect holding of 27 shares of Aptevo common stock, held by the subsidiaries and attributable to the parent through ownership of those subsidiaries. The filing notes the reporting owners may have temporarily held voting and dispositive power over additional shares due to short-term stock borrowings, and clarifies the filing is not an admission of acting as a group under Section 13(d).

Bank of America Corporation ("Bank of America") and BofA Finance LLC filed an S-3 shelf registration and related prospectus supplement that sets out terms for issuing various securities, including U.S. and non-U.S. dollar-denominated debt, warrants, preferred stock, depositary shares and common stock. The document incorporates Bank of Americas 2024 Form 10-K by reference and explains procedural, tax, and market conventions that will govern offerings under the shelf.

The prospectus supplement highlights legal and operational mechanics investors must consider: payment and conversion rules for non-U.S. dollar-denominated securities held through DTC, tax withholding and reporting regimes for U.S. and non-U.S. holders, benchmark fallback and SOFR/federal funds conventions for floating-rate notes, and regulatory resolution and TLAC requirements that could affect recoveries for holders of Bank of America debt.

Bank of America Corporation and its subsidiary Merrill Lynch filed a joint Form 4 reporting transactions in BlackRock Municipal Credit Alpha Portfolio, Inc. (ticker MUNEX). The reporting persons show a purchase of 4,780 Variable Rate Demand Preferred Shares on 09/25/2025 at $12.64 followed the same day by a sale of 4,780 shares at $12.68, leaving zero shares beneficially owned after the transactions. The filing states Bank of America holds an indirect interest via its 100% ownership of Merrill Lynch and includes standard disclaimers that neither reporting person necessarily claims beneficial ownership for Section 13(d) purposes. The filing also states any short-swing profits that might be recoverable will be remitted to the issuer.

Bank of America Corporation (through Banc of America Preferred Funding Corp.) purchased 350 Variable Rate Demand Preferred Shares (CUSIP 09263U205) of BlackRock Municipal Credit Alpha Portfolio, Inc. for approximately $35,000,000, representing 100.0% of that class. The shares were acquired in a secondary market transaction and funded with the reporting persons' working capital.

BAPFC assigned certain preferred class voting rights on these VRDP Shares to a voting trust dated September 17, 2025, under which a voting consultant recommends actions and the voting trustee follows those recommendations. Liquidity and remarketing arrangements with BNY (as liquidity provider/BANA) and BofA Securities, Inc. (remarketing agent) are documented in agreements dated September 17, 2025.

Bank of America Corporation and its subsidiary Banc of America Preferred Funding Corp filed a Form 3 reporting initial ownership of preferred shares in BlackRock Municipal Credit Alpha Portfolio, Inc. (Ticker: MUNEX). The filing shows Banc of America Preferred Funding Corp purchased 350 variable rate demand preferred shares from the issuer at a stated purchase price of $100,000 per share, and Banc of America is reported as an indirect holder through its wholly owned subsidiary. The statement is jointly filed by Bank of America and the subsidiary and is signed by an authorized signatory on 09/24/2025. The filing notes that the reporting parties do not admit to forming a group for purposes of Section 13(d).

Bank of America Corporation and its subsidiary Merrill Lynch, Pierce, Fenner & Smith Inc. jointly reported transactions in the common stock of Nuveen Municipal High Income Opportunity Fund (NMZ). On 09/17/2025 the report lists a purchase of 10,784 shares at $10.645 and a sale of 10,784 shares at $10.56, with the ownership after the reported purchase shown as 10,784 shares held indirectly. The filing states both Reporting Persons disclaim beneficial ownership except for any pecuniary interest and clarifies that any profit potentially recoverable under Section 16(b) will be remitted to the issuer.

Brian T. Moynihan, Chair and CEO of Bank of America Corporation, reported transactions on Form 4 showing activity on September 15, 2025. The filing reports the deemed acquisition of 17,891 cash‑settled restricted stock units (RSUs) that are economically equivalent to the same number of shares and the immediate disposition of 17,891 common shares at a price of $50.59 per share. After these transactions the filing shows Mr. Moynihan beneficially owned 2,651,313 shares directly and continued indirect ownership through a 401(k) plan and a trust, with total indirect holdings noted as 3,553.255 (401(k)) and 100,000 (trust) in the form provided. The RSUs were part of a February 14, 2025 grant that vests monthly through February 15, 2026 and are payable in cash.

Insider transactions by Bank of America (BAC) executive Hari Gopalkrishnan: The reporting person, listed as Chief Technology & Information Officer, was granted 2,703 restricted stock units (each unit converts to one share) on 08/15/2025 under code M and remains beneficially owned. On the same date the reporting person disposed of 1,351 shares to the issuer to satisfy a tax withholding obligation at a reported price of $46.94 per share. The filing states the underlying award was originally granted 02/15/2022 and vests in quarterly installments beginning 05/15/2022, with units noted as becoming exercisable or deliverable on 02/15/2026. After these transactions the filing shows a total of 5,406 shares beneficially owned (reflecting direct ownership). The form is a single-person Form 4 filed 08/19/2025 signed by Hari Gopalkrishnan and a POA.