Hari Gopalkrishnan, Chief Technology & Information Officer at Bank of America Corporation, reported transactions on Form 4. The filing shows a disposition of 1,352 shares of common stock on 09/10/2025. On the same date he was granted 75,000 2025 Performance Restricted Stock Units (PRSUs), each representing a contingent right to receive one share of common stock. The PRSUs were awarded under the Bank of America Corporation Equity Plan and are subject to performance goals measured over the three-year period beginning January 1, 2025 and ending December 31, 2027. One-half of the units are tied to three-year average return on assets and one-half to three-year average growth in adjusted tangible book value. If earned, the award will be settled in shares on 09/10/2028; the reported 75,000 represents the maximum (100%) potential award.
Bank of America Corporation has made several senior leadership changes. Dean C. Athanasia, currently President of Regional Banking, and James P. DeMare, currently President of Global Markets, have been appointed as Co-Presidents of the Corporation. In addition, Alastair M. Borthwick, who serves as Chief Financial Officer, has also been appointed Executive Vice President of the Corporation.
These appointments were announced in a press release dated September 12, 2025, which is filed as Exhibit 99.1 and incorporated by reference into this report.