Bank of New York Mellon (BNY) director granted phantom stock units in Form 4 filing
Rhea-AI Filing Summary
Goldstein Jeffrey A reported acquisition or exercise transactions in this Form 4 filing.
Bank of New York Mellon Corp director Jeffrey A. Goldstein reported receiving an award of 282.4955 phantom stock units of common stock on July 1, 2026 under the company’s Deferred Compensation Plan for Directors. The award was valued at $146.02 per share at grant.
These phantom stock units are payable in Bank of New York Mellon common shares at a specified future date rather than representing an open-market purchase. Following this compensation-related grant, Goldstein’s directly held position associated with this line item increased to 42,762.7336 shares of common stock.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 282.4955 shares
Net Buy
1 txn
Insider
Goldstein Jeffrey A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 282.4955 | $146.02 | $41K |
Holdings After Transaction:
Common Stock — 42,762.7336 shares (Direct)
Footnotes (1)
- F1. Phantom stock acquired pursuant to prior election under The Bank of New York Mellon Corporation Deferred Compensation Plan for Directors payable at a specified date in shares of The Bank of New York Mellon Corporation common stock.
Key Figures
Phantom stock units granted: 282.4955 units
Grant price per share: $146.02 per share
Holdings after transaction: 42,762.7336 shares
3 metrics
Phantom stock units granted
282.4955 units
Award to director on July 1, 2026
Grant price per share
$146.02 per share
Value used for phantom stock award
Holdings after transaction
42,762.7336 shares
Director’s direct holdings after grant
Key Terms
phantom stock, Deferred Compensation Plan for Directors, Common Stock
3 terms
phantom stock financial
"Phantom stock acquired pursuant to prior election under The Bank of New York Mellon Corporation Deferred Compensation Plan for Directors"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Deferred Compensation Plan for Directors financial
"pursuant to prior election under The Bank of New York Mellon Corporation Deferred Compensation Plan for Directors"
A deferred compensation plan for directors is an arrangement that lets board members postpone receiving part of their pay until a later date—often retirement or a set future time—so the money can grow or be paid under specified conditions. Think of it like directing a portion of your paycheck into a locked savings account that pays out later; investors care because it creates future cash or stock obligations, signals how the company motivates and retains leadership, and can affect shareholder value through timing of payouts or potential dilution.
Common Stock financial
"payable at a specified date in shares of The Bank of New York Mellon Corporation common stock"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Bank of New York Mellon (BNY) director Jeffrey Goldstein report in this Form 4?
Jeffrey Goldstein reported receiving 282.4955 phantom stock units of Bank of New York Mellon common stock. The award was granted at $146.02 per share under the Deferred Compensation Plan for Directors and increases his reported direct holdings linked to this plan.
Was Jeffrey Goldstein’s Bank of New York Mellon (BNY) transaction an open-market stock purchase?
No, the Form 4 shows a compensation-related grant of phantom stock units, not an open-market purchase. The award arose from a prior election under the Deferred Compensation Plan for Directors, to be settled later in Bank of New York Mellon common shares.