BNY Mellon director awarded 1,592 stock units
Gowrappan Kumara Guru reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Gowrappan Kumara Guru reported acquisition or exercise transactions in this Form 4 filing.
Bank of New York Mellon Corp director Kumara Guru Gowrappan received a grant of 1,592 deferred stock units tied 1-for-1 to common stock. These units vest on the earlier of the company’s 2027 Annual Meeting of Shareholders or one year from grant and pay dividend equivalents that are reinvested. Vested units are settled in common shares after the director’s service ends, increasing deferred holdings to 21,726.015 units held directly.
Insider Trade Summary
Grant/Award: 1,592 shares
Grant/Award
1 txn
Insider
Gowrappan Kumara Guru
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 1,592 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Stock Units — 21,726.015 contracts (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 units after grant: 21,726.015 units
Conversion ratio: 1-for-1
3 metrics
Deferred stock units granted
1,592 units
Grant of deferred stock units to director on April 17, 2026
Deferred units after grant
21,726.015 units
Total deferred stock units held directly following the transaction
Conversion ratio
1-for-1
Each deferred stock unit is payable in one share of common stock
Key Terms
Deferred Stock Units, dividend equivalents, Annual Meeting of Shareholders, Form 4
4 terms
Deferred Stock Units financial
"The deferred stock units vest on the earlier of the date of the Corporation's 2027 Annual Meeting of Shareholders"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BK director Kumara Guru Gowrappan report?
Kumara Guru Gowrappan reported receiving 1,592 deferred stock units as a compensatory award. These units are linked 1-for-1 to Bank of New York Mellon common stock and increase his total deferred holdings to 21,726.015 units following the grant.
How many deferred stock units were granted to the BK director?
The director was granted 1,592 deferred stock units. Each unit corresponds 1-for-1 to a share of Bank of New York Mellon common stock, providing equity-based compensation that settles in shares after his service as a director ends, subject to vesting conditions.
When do the new deferred stock units for BK’s director vest?
The deferred stock units vest on the earlier of the company’s 2027 Annual Meeting of Shareholders or one year from the grant date. After vesting, the units are payable in common shares once the director’s board service terminates, either in a lump sum or installments.
How are Bank of New York Mellon deferred stock units settled for the director?
Vested deferred stock units are settled in Bank of New York Mellon common stock after the director’s service ends. The director may receive the shares in a lump sum or in annual installments, starting 30 days after service termination, according to his prior election.
Do the BK director’s deferred stock units receive dividend equivalents?
Yes. The deferred stock units credited to the director receive dividend equivalents. These dividend equivalents are not paid in cash but are reinvested into additional deferred stock units, increasing the director’s total deferred unit balance over time alongside regular dividends.
What is the director’s total deferred stock unit holding at BK after this grant?
After receiving the 1,592-unit grant, the director’s total deferred stock unit holdings are 21,726.015 units. This figure reflects his direct ownership of equity-based awards that are ultimately payable in Bank of New York Mellon common stock once vesting and settlement conditions are satisfied.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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