BNY Mellon (BK) CFO logs share award and tax withholding disposal
Rhea-AI Filing Summary
Bank of New York Mellon Corp Chief Financial Officer Dermot McDonogh reported equity compensation-related transactions in the company’s common stock. On February 23, 2026, he acquired 56,818.25 shares at no cost through a grant/award, reflecting performance share units granted in February 2023 for which performance goals were certified as achieved.
On the same date, 31,421 shares were disposed of at $115.54 per share to cover tax liabilities through share withholding. After these transactions, McDonogh directly owned 313,320.25 shares of common stock. These movements reflect compensation and tax withholding mechanics rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 25,397.25 shares
Net Buy
2 txns
Insider
McDonogh Dermot
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 56,818.25 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 31,421 | $115.54 | $3.63M |
Holdings After Transaction:
Common Stock — 313,320.25 shares (Direct)
Footnotes (2)
- F1. Represents Performance Share Units granted in February 2023 for which performance goals have been achieved, as certified on February 23, 2026. Each unit represents the right to one share of the issuer's common stock.
- F2. Shares withheld in payment of tax liability.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did BK CFO Dermot McDonogh report?
Dermot McDonogh reported an equity award and related tax withholding. He received 56,818.25 common shares at no cost from vested performance share units, and 31,421 shares were withheld and disposed of at $115.54 per share to satisfy tax liabilities tied to the award.
Were Dermot McDonogh’s BK transactions open-market buys or sells?
The reported transactions were not open-market trades. McDonogh acquired shares via a grant of performance share units and had shares disposed of through tax withholding at $115.54 per share, reflecting compensation and tax payment mechanics rather than discretionary market purchases or sales.