Alastair M. Borthwick - 27 Feb 2026 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
Executive Vice President & CFO
Signature
Alastair M. Borthwick / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
27 Feb 2026
Net transactions value
-$5,596,034
Form type
4
Filing time
03 Mar 2026, 18:35:18 UTC
Previous filing
18 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Borthwick Alastair M Executive Vice President & CFO 100 NORTH TRYON STREET, CHARLOTTE Alastair M. Borthwick / Michael P. Lapp POA 03 Mar 2026 0001888495

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Gift $0 -32,000 -7.5% $0.000000 395,843 27 Feb 2026 Direct F1
transaction BAC Common Stock Sale $3,416,320 -68,000 -17% $50.24 327,843 27 Feb 2026 Direct
transaction BAC Common Stock Options Exercise +79,101 +24% 406,944 01 Mar 2026 Direct F2
transaction BAC Common Stock Tax liability $2,179,714 -43,743 -11% $49.83 363,201 01 Mar 2026 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BAC 2023 Performance Restricted Stock Units Options Exercise -79,101 -100% 0 01 Mar 2026 Common Stock 79,101 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a charitable gift by the reporting person.
F2 Each unit represents a contingent right to receive one share of Bank of America Corporation common stock.
F3 Disposition of shares to the issuer to satisfy a tax withholding obligation.
F4 On February 15, 2023, the reporting person was granted units, subject to the Company's attainment of performance goals. One-half of the units have performance goals based on the Company's three year average return on assets and one-half of the units have performance goals based on the Company's three year average growth in adjusted tangible book value, both beginning on January 1, 2023 and ending December 31, 2025. For the performance period, an amount equaling 100% of the target was earned. All units earned were settled in shares on March 1, 2026, and no units remain outstanding.