Director Elizabeth Robinson receives 1,592 deferred stock units at Bank of New York Mellon (BK-PK)
Rhea-AI Filing Summary
Robinson Elizabeth reported acquisition or exercise transactions in this Form 4 filing.
Bank of New York Mellon Corp director Elizabeth Robinson received a grant of 1,592 deferred stock units tied to the company’s common stock. These units vest on the earlier of the 2027 annual shareholder meeting or one year from the grant date and will be paid in common shares after she leaves the board.
Following this grant, Robinson holds a total of 37,892.107 deferred stock units. The units also accrue dividend equivalents that are reinvested into additional deferred stock units, increasing her future share-based compensation over time.
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Robinson Elizabeth
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 1,592 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Stock Units — 37,892.107 shares (Direct)
Footnotes (3)
- F1. 1-for-1.
- F2. The deferred stock units vest on the earlier of the date of the Corporation's 2027 Annual Meeting of Shareholders or one year from the grant date. Vested deferred stock units are payable in shares of Common Stock either in a lump sum or, if the grantee has so elected, in annual installments, in each case beginning the 30th day following the grantee's termination of service as a director of the Corporation. Deferred stock units pay dividend equivalents which are reinvented in additional deferred stock units.
- F3. N/A.
Key Figures
Deferred stock units granted: 1,592 units
Deferred stock units after grant: 37,892.107 units
Grant price per unit: $0.0000 per unit
+2 more
5 metrics
Deferred stock units granted
1,592 units
Director grant on April 17, 2026
Deferred stock units after grant
37,892.107 units
Total deferred stock units held after transaction
Grant price per unit
$0.0000 per unit
Deferred stock unit grant as compensation, not a market purchase
Underlying common stock
1,592 shares
Each deferred stock unit is 1-for-1 into common stock
Vesting reference point
2027 Annual Meeting
Units vest by 2027 shareholder meeting or one year from grant
Key Terms
Deferred Stock Units, dividend equivalents, Annual Meeting of Shareholders, Common Stock
4 terms
Deferred Stock Units financial
"The deferred stock units vest on the earlier of the date of the Corporation's 2027 Annual Meeting"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
dividend equivalents financial
"Deferred stock units pay dividend equivalents which are reinvented in additional deferred stock units."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Common Stock financial
"Vested deferred stock units are payable in shares of Common Stock either in a lump sum"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Elizabeth Robinson report in her Form 4 for Bank of New York Mellon (BK-PK)?
Elizabeth Robinson reported receiving 1,592 deferred stock units linked to Bank of New York Mellon common stock. These units are part of her director compensation and increase her equity-based stake, with settlement in shares after her board service ends.
How many deferred stock units does Elizabeth Robinson hold after this BK-PK Form 4 transaction?
After this transaction, Elizabeth Robinson holds 37,892.107 deferred stock units. This total reflects her cumulative director compensation in stock-based form, which will eventually settle in Bank of New York Mellon common shares upon her termination of board service.
When do Elizabeth Robinson’s 1,592 deferred stock units in Bank of New York Mellon vest?
The 1,592 deferred stock units vest on the earlier of the company’s 2027 Annual Meeting of Shareholders or one year from the grant date. This schedule aligns vesting with her ongoing service as a director on the Bank of New York Mellon board.
How and when are Elizabeth Robinson’s Bank of New York Mellon deferred stock units paid out?
Vested deferred stock units are payable in Bank of New York Mellon common stock after Robinson’s termination of service as a director. They may be paid either in a lump sum or in annual installments starting 30 days after her board service ends.
Do Elizabeth Robinson’s deferred stock units in BK-PK receive dividends?
Yes. The deferred stock units receive dividend equivalents that are reinvested into additional deferred stock units. This means her stock-based compensation can grow over time as dividends are credited and converted into more units tied to Bank of New York Mellon common stock.
What does the 1-for-1 notation mean for Elizabeth Robinson’s deferred stock units at Bank of New York Mellon?
The 1-for-1 notation means each deferred stock unit is equivalent to one share of Bank of New York Mellon common stock. When paid, vested units will convert into an equal number of common shares, aligning director compensation directly with shareholder value.