Jose Minaya of Bank of New York Mellon (NYSE: BK) reports 6,681-share tax disposition
Rhea-AI Filing Summary
Bank of New York Mellon Corp Senior Executive VP Jose Minaya reported a Form 4 transaction involving company common stock. On the reported date, 6,681 shares were disposed of at $117.74 per share to cover tax liabilities tied to vesting restricted stock units, leaving 229,448 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,681 shares
Net Sell
1 txn
Insider
Minaya Jose
Role
Senior Executive VP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 6,681 | $117.74 | $787K |
Holdings After Transaction:
Common Stock — 229,448 shares (Direct)
Footnotes (1)
- F1. Shares withheld in payment of tax liability due to the vesting of previously disclosed Restricted Stock Unit awards.
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FAQ
What insider transaction did Jose Minaya report at BK?
Jose Minaya reported a disposition of 6,681 shares of Bank of New York Mellon common stock. The shares were withheld to satisfy tax liabilities arising from the vesting of previously disclosed restricted stock unit awards, rather than an open-market sale.
Was Jose Minaya’s BK stock transaction a sale on the open market?
The transaction was not described as an open-market sale. The Form 4 indicates the 6,681 shares were withheld to pay tax liabilities triggered by the vesting of previously disclosed restricted stock unit awards, a tax-withholding disposition coded as “F.”
What does transaction code F mean in Jose Minaya’s BK Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 6,681 Bank of New York Mellon shares were withheld to satisfy tax obligations linked to the vesting of restricted stock unit awards granted earlier.
What is Jose Minaya’s role at Bank of New York Mellon Corp?
Jose Minaya is identified as a Senior Executive Vice President at Bank of New York Mellon Corp. His officer status is disclosed in the Form 4, which reports his insider transaction involving common stock related to tax-withholding on vesting restricted stock unit awards.