Key facts
- This page summarizes BANK OF AMERICA CORP /DE/'s Form 4 filing for GABELLI UTILITY TRUST (GUT).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 26 Nov 2024, 14:25.
BANK OF AMERICA CORP /DE/ - 21 Nov 2024 Form 4 Insider Report for GABELLI UTILITY TRUST (GUT)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- GUT
- Reported as of
- 21 Nov 2024
- Net transaction value
- -$2,023,286,475
- SEC form
- 4
- Accepted by SEC
- 26 Nov 2024, 14:25:01 UTC
- Prior SEC filing
- 20 Nov 2024
- Next SEC filing
- 04 Dec 2024
- Source filing
- View source filing
- Reporting owner signature
- Andres Ortiz (BANK OF AMERICA CORP)
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
BANK OF AMERICA CORP /DE/ filed Form 4 for GABELLI UTILITY TRUST (GUT) on 26 Nov 2024.
Change
- Previous filing in this sequence was filed on 20 Nov 2024.
- Current net transaction value: -$2,023,286,475.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
GUT
transaction
GUT 5.25% 31-DEC-2024 Promissory Note
Sale
- Transaction value
- $2,023,286,475
- Shares
- -20,249,064
- Change %
- -100%
- Price
- $99.92*
- Shares after
- 0
- Date
- 22 Nov 2024
- Ownership
- See Footnote
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
BANK OF AMERICA CORP /DE/ is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
The Promissory Note reported as disposed in Table 1, with $20,249,064 face amount, represents a debt security issued by The Gabelli Utility Trust (the "Issuer") that was beneficially owned by Bank of America N.A. ("BANA"). The Promissory Note was sold by BANA in a private sale transaction in which BofA Securities, Inc. (?BOFAS?) acted as riskless-principal.
Footnote F2
This statement is jointly filed by Bank of America Corporation ("Bank of America"), BANA and BOFAS. Bank of America holds an indirect interest of the securities listed in Table I (the "Securities") by virtue of its indirect ownership of its subsidiaries, BANA and BOFAS. Each reporting person is currently analyzing additional trading activity and expect to file another Form 4 as promptly as reasonably practicable once that analysis is complete.
Footnote F3
Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the US Securities Exchange Act of 1934 or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate, or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer.
SEC remarks
Exhibits Index Exhibit 99.1 ? Joint Filing Agreement