Bank of America (NYSE: BAC) director uses 1,096 shares for taxes

Rhea-AI Filing Summary

Bank of America director Pierre J.P. de Weck reported a disposition of 1,096 shares of common stock at $53.12 per share on a Form 4. The shares were delivered back to the company to satisfy a tax withholding obligation, rather than sold on the open market. After this transaction, he directly holds 100,322 shares of Bank of America common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider de Weck Pierre J.P.

Role null

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	1,096	$53.12	$58K

Holdings After Transaction: Common Stock — 100,322 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares disposed for tax withholding: 1,096 shares Reported share value: $53.12 per share Shares held after transaction: 100,322 shares +1 more

4 metrics

Shares disposed for tax withholding 1,096 shares Common Stock, tax-withholding disposition

Reported share value $53.12 per share Value used for tax-withholding disposition

Shares held after transaction 100,322 shares Direct Bank of America common stock holding

Tax-withholding transactions in filing 1 transaction, 1,096 shares Summary of tax-withholding activity

Key Terms

Form 4, tax withholding obligation, disposition, Common Stock

4 terms

Form 4 regulatory

"reported a disposition of 1,096 shares of common stock on a 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.

tax withholding obligation financial

"shares were delivered back to the company to satisfy a tax withholding obligation"

disposition financial

"reported a disposition of 1,096 shares of common stock"

Common Stock financial

"reported a disposition of 1,096 shares of common stock at $53.12 per share"

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 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

de Weck Pierre J.P.

(Last) (First) (Middle)

100 NORTH TRYON STREET

(Street)

CHARLOTTE NORTH CAROLINA 28255

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BANK OF AMERICA CORP /DE/ [ BAC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/22/2026		F		1,096(1)	D	$53.12	100,322	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Disposition of shares to the issuer to satisfy a tax withholding obligation.

	Pierre J.P. de Weck / Michael P. Lapp POA	04/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did BAC director Pierre de Weck report on this Form 4?

Director Pierre J.P. de Weck reported disposing of 1,096 Bank of America common shares. The shares were transferred back to the company to satisfy a tax withholding obligation, and not sold in the open market, according to the filing details and accompanying footnote.

How many Bank of America (BAC) shares were used for tax withholding?

The Form 4 shows 1,096 Bank of America common shares were used for tax withholding. These shares were delivered to the issuer at a reported value of $53.12 per share, satisfying a tax liability tied to equity compensation, rather than representing a discretionary market sale.

What price per share was reported in Pierre de Weck’s BAC transaction?

The transaction lists a price of $53.12 per Bank of America share. This value is used to compute the tax-withholding disposition amount when 1,096 shares were delivered back to the issuer, reflecting a compensation-related tax settlement instead of an open-market trade in the company’s stock.

How many BAC shares does Pierre de Weck hold after this Form 4?

After the reported tax-withholding disposition, Pierre J.P. de Weck directly holds 100,322 Bank of America common shares. This post-transaction balance, disclosed in the filing, indicates he retains a substantial equity position in the company despite the small number of shares delivered for taxes.

Was the BAC Form 4 transaction an open-market sale of shares?

No, the transaction was not an open-market sale. The Form 4 and its footnote state that 1,096 shares were disposed of to the issuer specifically to satisfy a tax withholding obligation, making it a compensation-related event rather than a discretionary sale into the public market.