BRIAN T. MOYNIHAN - 15 Feb 2025 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Role
Chair and CEO, Director
Signature
Brian T. Moynihan / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
15 Feb 2025
Net transactions value
-$4,356,667
Form type
4
Filing time
19 Feb 2025, 18:33:10 UTC
Previous filing
14 Feb 2025
Next filing
04 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +35,637 +1.5% 2,488,564 15 Feb 2025 Direct F1
transaction BAC Common Stock Tax liability $805,552 -17,154 -0.69% $46.96 2,471,410 15 Feb 2025 Direct F2
transaction BAC Common Stock Options Exercise +31,705 +1.3% 2,503,115 15 Feb 2025 Direct F1
transaction BAC Common Stock Tax liability $725,861 -15,457 -0.62% $46.96 2,487,658 15 Feb 2025 Direct F2
transaction BAC Common Stock Options Exercise +39,551 +1.6% 2,527,209 15 Feb 2025 Direct F1
transaction BAC Common Stock Tax liability $906,187 -19,297 -0.76% $46.96 2,507,912 15 Feb 2025 Direct F2
transaction BAC Common Stock Options Exercise +20,683 +0.82% 2,528,595 15 Feb 2025 Direct F3
transaction BAC Common Stock Disposed to Issuer $971,274 -20,683 -0.82% $46.96 2,507,912 15 Feb 2025 Direct
transaction BAC Common Stock Options Exercise +41,366 +1.6% 2,549,278 15 Feb 2025 Direct F1
transaction BAC Common Stock Tax liability $947,794 -20,183 -0.79% $46.96 2,529,095 15 Feb 2025 Direct F2
holding BAC Common Stock 3,514 15 Feb 2025 401(k) Plan
holding BAC Common Stock 100,000 15 Feb 2025 By Trust

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 2021 Restricted Stock Units Options Exercise -35,637 -100% 0 15 Feb 2025 Common Stock 35,637 Direct F1, F4
transaction BAC 2022 Restricted Stock Units Options Exercise -31,705 -50% 31,705 15 Feb 2025 Common Stock 31,705 Direct F1, F5
transaction BAC 2023 Restricted Stock Units Options Exercise -39,551 -33% 79,101 15 Feb 2025 Common Stock 39,551 Direct F1, F6
transaction BAC 2024 Cash Settled Restricted Stock Units Options Exercise -20,683 -100% 0 15 Feb 2025 Common Stock 20,683 Direct F3, F7
transaction BAC 2024 Restricted Stock Units Options Exercise -41,366 -25% 124,098 15 Feb 2025 Common Stock 41,366 Direct F1, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each unit represents a contingent right to receive one share of Bank of America Corporation common stock.
F2 Disposition of shares to the issuer to satisfy a tax withholding obligation.
F3 Each unit is the economic equivalent of one share of Bank of America Corporation common stock.
F4 On February 12, 2021, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2022.
F5 On February 15, 2022, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2023.
F6 On February 15, 2023, the reporting person was granted units, vesting in four equal annual installments commencing on February 15, 2024.
F7 On February 15, 2024, the reporting person was granted units, vesting and payable solely in cash as follows: 1/12th of the stock units vest and become payable on the 15th day of each month during the 12-month period beginning in March 2024 and ending in February 2025.
F8 On February 15, 2024, the reporting person was granted units, vesting in shares in four equal annual installments commencing on February 15, 2025.