BNY Mellon (BK) legal chief sells 30,000 common shares
Rhea-AI Filing Summary
Bank of New York Mellon Corp executive J. Kevin McCarthy sold 30,000 shares of Common Stock in an open-market transaction. The shares were sold on April 17, 2026 at a weighted average price of $136.4973, with individual trade prices ranging from $135.98 to $136.7989.
After these sales, McCarthy directly held 50,237.607 shares of Bank of New York Mellon Corp Common Stock. The footnote explains that detailed price breakdowns within the stated range are available upon request from the company, the SEC staff, or any security holder.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 30,000 shares
Net Sell
1 txn
Insider
McCarthy J Kevin
Role
SEVP & General Counsel
Sold
30,000 shs ($4.09M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 30,000 | $136.4973 | $4.09M |
Holdings After Transaction:
Common Stock — 50,237.607 shares (Direct)
Footnotes (1)
- F1. Represents the weighted average price of shares sold with actual prices ranging from $135.98 to $136.7989. Upon request by the SEC staff, the issuer, or any security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within this range.
Key Figures
Shares sold: 30,000 shares
Weighted average sale price: $136.4973 per share
Post-transaction holdings: 50,237.607 shares
+2 more
5 metrics
Shares sold
30,000 shares
Open-market sale of Common Stock on April 17, 2026
Weighted average sale price
$136.4973 per share
Common Stock sale on April 17, 2026
Post-transaction holdings
50,237.607 shares
Common Stock directly owned after the sale
Sale price range low
$135.98 per share
Lowest individual trade price within reported range
Sale price range high
$136.7989 per share
Highest individual trade price within reported range
Key Terms
open-market sale, weighted average price, Common Stock, Form 4
4 terms
open-market sale financial
"transaction_action is described as an open-market sale of Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"Represents the weighted average price of shares sold with actual prices ranging"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Common Stock financial
"security_title indicates the transaction involved Common Stock of the issuer"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describes this insider transaction report"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did BK executive J. Kevin McCarthy report?
J. Kevin McCarthy reported an open-market sale of 30,000 shares of Bank of New York Mellon Corp Common Stock. The transaction took place on April 17, 2026, and was disclosed on a Form 4 insider trading report filed with regulators.
What role does J. Kevin McCarthy hold at Bank of New York Mellon Corp?
McCarthy serves as Senior Executive Vice President and General Counsel of Bank of New York Mellon Corp. His status as an officer requires public reporting of trades in the company’s stock through Form 4 insider transaction filings.