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

Signature
Brian T. Moynihan / Michael P. Lapp POA
Stock symbol
BAC
Transactions as of
Jan 15, 2025
Transactions value $
-$974,169
Form type
4
Date filed
1/17/2025, 04:13 PM
Previous filing
Dec 17, 2024
Next filing
Feb 14, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAC Common Stock Options Exercise +20.7K +0.84% 2.47M Jan 15, 2025 Direct F1
transaction BAC Common Stock Disposed to Issuer -$974K -20.7K -0.84% $47.10 2.45M Jan 15, 2025 Direct
holding BAC Common Stock 3.51K Jan 15, 2025 401(k) Plan F2
holding BAC Common Stock 100K Jan 15, 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 2024 Cash Settled Restricted Stock Units Options Exercise -20.7K -50% 20.7K Jan 15, 2025 Common Stock 20.7K 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 14.495 shares due to dividend reinvestments and changes in the Net Asset Value (NAV) of the issuer's stock fund.
F3 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.