Moynihan Brian T. - 15 Apr 2025 Form 4 Insider Report for BANK OF AMERICA CORP /DE/ (BAC)

Signature
Brian T. Moynihan / Michael P. Lapp POA
Issuer symbol
BAC
Transactions as of
15 Apr 2025
Net transactions value
-$679,717
Form type
4
Filing time
17 Apr 2025, 16:05:58 UTC
Previous filing
17 Mar 2025
Next filing
19 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +17,892 +0.66% 2,709,205 15 Apr 2025 Direct F1
transaction BAC Common Stock Disposed to Issuer $679,717 -17,892 -0.66% $37.99 2,691,313 15 Apr 2025 Direct
holding BAC Common Stock 3,538 15 Apr 2025 401(k) Plan F2
holding BAC Common Stock 100,000 15 Apr 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 2025 Cash Settled Restricted Stock Units Options Exercise -17,892 -9.1% 178,915 15 Apr 2025 Common Stock 17,892 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each unit is the economic equivalent of one share of Bank of America Corporation common stock.
F2 The share equivalents attributed to the reporting person's 401(k) balance increased 23.775 shares due to dividend reinvestments and changes in the Net Asset Value (NAV) of the issuer's stock fund.
F3 On February 14, 2025, 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 2025 and ending in February 2026.