Bank of New York Mellon (BNY) director lists no share ownership
Rhea-AI Filing Summary
Bank of New York Mellon Corp (BNY) reports that Vikram Malhotra, identified as a director, has filed an initial ownership statement. The filing states that no securities of Bank of New York Mellon Corp are currently beneficially owned, with reported holdings of 0 shares following the reported position. An exhibit to the filing includes a Power of Attorney.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Malhotra Vikram
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | No securities are beneficially owned | -- | -- | -- |
Holdings After Transaction:
No securities are beneficially owned — 0 shares (Direct)
Key Figures
Shares beneficially owned after reporting: 0.0000 shares
1 metrics
Shares beneficially owned after reporting
0.0000 shares
Total shares beneficially owned following the reported position for Vikram Malhotra
Key Terms
beneficially owned, Power of Attorney, initial statement of beneficial ownership
3 terms
beneficially owned financial
"No securities are beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Power of Attorney regulatory
"Exhibit 24 - Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
initial statement of beneficial ownership regulatory
"has filed an initial ownership statement"
An initial statement of beneficial ownership is the first regulatory filing an insider or large investor submits to disclose the amount of a company's stock they control or benefit from. It matters to investors because it reveals who has significant influence over a company—like showing who’s holding the cards—and helps track potential conflicts of interest, insider motives, and future buying or selling that can move the stock price.
FAQ
What does the Form 3 filing disclose about BNY director Vikram Malhotra?
The Form 3 states that Vikram Malhotra, a director of Bank of New York Mellon Corp (BNY), currently beneficially owns 0 shares of the company, as reported in this initial ownership statement.
What is Vikram Malhotra’s role at Bank of New York Mellon Corp (BNY)?
The filing identifies Vikram Malhotra as a director of Bank of New York Mellon Corp (BNY). This status makes him an insider subject to SEC ownership reporting requirements such as Form 3.
What additional document is referenced in Vikram Malhotra’s BNY Form 3?
The remarks section references “Exhibit 24 - Power of Attorney”, indicating that a power of attorney has been filed, typically authorizing another person to sign SEC forms on the reporting person’s behalf.
AI-generated analysis. How Rhea-AI works. Not financial advice.
