AG˹ٷ

STOCK TITAN

[Form 4] Bank of America Corporation Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Eric A. Schimpf, President, Merrill Wealth Management and a director/officer of Bank of America Corporation (BAC), reported transactions dated 08/15/2025. The filing shows 1,235 restricted stock units (RSUs) credited (each unit convertible to one share) and recorded as acquired under a vesting schedule originally granted on 02/15/2022. To satisfy tax withholding, 521 common shares were disposed at $46.94 per share. Following the reported transactions the filing lists 61,661 shares beneficially owned (direct) at one point and 61,140 direct shares after the withholding disposition; the reporting person also holds 988 shares indirectly for a child and 988 indirectly via UTMA. The transactions were signed via POA on 08/19/2025.

Eric A. Schimpf, Presidente di Merrill Wealth Management e dirigente/amministratore di Bank of America Corporation (BAC), ha riportato operazioni in data 15/08/2025. La comunicazione indica che sono stati accreditati 1.235 unità azionarie ristrette (RSU) (ogni unità convertibile in una azione) come parte di un piano di vesting originariamente concesso il 15/02/2022. Per far fronte alle ritenute fiscali sono state cedute 521 azioni ordinarie al prezzo di $46,94 per azione. Dopo le operazioni, la segnalazione riporta 61.661 azioni possedute direttamente in un primo momento e 61.140 azioni dirette dopo la cessione per ritenute; la persona che segnala detiene inoltre 988 azioni indirettamente per un figlio e 988 azioni indirettamente tramite UTMA. Le operazioni sono state firmate tramite procura (POA) il 19/08/2025.

Eric A. Schimpf, Presidente de Merrill Wealth Management y directivo/funcionario de Bank of America Corporation (BAC), informó transacciones con fecha 15/08/2025. El informe indica que se acreditaron 1.235 unidades restringidas de acciones (RSU) (cada unidad convertible en una acción) y registradas como adquiridas según un calendario de adquisición originalmente otorgado el 15/02/2022. Para cubrir la retención fiscal se dispusieron 521 acciones ordinarias a $46,94 por acción. Tras las transacciones, el formulario lista 61.661 acciones de propiedad directa en un primer momento y 61.140 acciones directas después de la disposición por retención; la persona informante también posee 988 acciones indirectamente para un hijo y 988 indirectamente a través de UTMA. Las operaciones fueron firmadas por poder (POA) el 19/08/2025.

Eric A. Schimpf, Merrill Wealth Management 사장 � Bank of America Corporation(BAC) 이사/임원은 2025-08-15� 거래� 보고했습니다. 제출서류� 따르� 원래 2022-02-15� 부여된 베스� 일정� 따라 1,235개의 제한�(RSU)가 적립(� 단위� 1주로 전환 가�)� 것으� 기재되어 있습니다. 세금 원천징수� 충당하기 위해 주당 $46.94521�� 보통주가 처분되었습니�. 보고� 거래 � 해당 서류에는 � 시점� 61,661�� 직접 보유하고 있었� 원천징수 처분 이후에는 61,140�� 직접 보유� 것으� 기재되어 있습니다; 보고자는 또한 자녀� 위해 간접적으� 988��, UTMA� 통해 간접적으� 988�� 보유하고 있습니다. 거래� 2025-08-19� 위임�(POA)으로 서명되었습니�.

Eric A. Schimpf, Président de Merrill Wealth Management et administrateur/dirigeant de Bank of America Corporation (BAC), a déclaré des opérations datées du 15/08/2025. Le dépôt indique que 1 235 unités d'actions restreintes (RSU) ont été créditées (chaque unité convertible en une action) et enregistrées comme acquises selon un calendrier d'acquisition initialement attribué le 15/02/2022. Pour couvrir la retenue fiscale, 521 actions ordinaires ont été cédées au prix de 46,94 $ par action. Après les opérations signalées, le dossier liste 61 661 actions détenues directement à un moment donné et 61 140 actions détenues directement après la cession pour retenue ; la personne déclarant détient également 988 actions indirectement pour un enfant et 988 indirectement via une UTMA. Les opérations ont été signées par procuration (POA) le 19/08/2025.

Eric A. Schimpf, Präsident von Merrill Wealth Management und Direktor/Offizier der Bank of America Corporation (BAC), meldete Transaktionen zum 15.08.2025. Die Einreichung weist aus, dass 1.235 Restricted Stock Units (RSUs) gutgeschrieben wurden (jede Einheit in eine Aktie wandelbar) und als Erwerb gemäß einem ursprünglich am 15.02.2022 gewährten Vesting-Plan erfasst sind. Zur Begleichung der Steuerabzüge wurden 521 Stammaktien zum Preis von $46,94 je Aktie veräußert. Nach den gemeldeten Geschäften listet die Meldung zunächst 61.661 direkt gehaltene Aktien und nach der Veräußerung zur Steuerabführung 61.140 direkte Aktien; die meldende Person hält außerdem 988 Aktien indirekt für ein Kind und 988 indirekt über eine UTMA. Die Transaktionen wurden am 19.08.2025 mittels Vollmacht (POA) unterzeichnet.

Positive
  • 1,235 restricted stock units vested, reinforcing executive alignment via equity compensation as explicitly disclosed.
Negative
  • 521 shares disposed to satisfy tax withholding, slightly reducing direct share count; no material negative development disclosed.

Insights

TL;DR: Insider received vested compensation units and sold a portion to cover taxes; holdings shifted modestly without open-market purchases.

The 1,235 units reported are contingent rights convertible to common shares under a previously granted RSU award, reflecting routine executive compensation vesting. The 521-share disposition was a transfer to the issuer to satisfy tax-withholding obligations at $46.94 per share, not an open-market sale. Aggregate direct beneficial ownership remains concentrated and largely unchanged in economic exposure; no additional purchases or sales beyond withholding are reported. For investors, these are typical director/executive compensation mechanics rather than a signal of strategic ownership change.

TL;DR: Routine vesting and tax-withholding activity, executed and reported in line with Section 16 requirements.

The filing documents standard post-vesting processing of RSUs granted on 02/15/2022 with quarterly vesting. The transfer of 521 shares to the issuer for tax withholding is a common compliance step and was disclosed via Form 4. The use of POA for signature is noted and acceptable. No unusual governance or related-party actions are evident from these entries; the disclosure meets reporting obligations and provides transparency on insider compensation realization.

Eric A. Schimpf, Presidente di Merrill Wealth Management e dirigente/amministratore di Bank of America Corporation (BAC), ha riportato operazioni in data 15/08/2025. La comunicazione indica che sono stati accreditati 1.235 unità azionarie ristrette (RSU) (ogni unità convertibile in una azione) come parte di un piano di vesting originariamente concesso il 15/02/2022. Per far fronte alle ritenute fiscali sono state cedute 521 azioni ordinarie al prezzo di $46,94 per azione. Dopo le operazioni, la segnalazione riporta 61.661 azioni possedute direttamente in un primo momento e 61.140 azioni dirette dopo la cessione per ritenute; la persona che segnala detiene inoltre 988 azioni indirettamente per un figlio e 988 azioni indirettamente tramite UTMA. Le operazioni sono state firmate tramite procura (POA) il 19/08/2025.

Eric A. Schimpf, Presidente de Merrill Wealth Management y directivo/funcionario de Bank of America Corporation (BAC), informó transacciones con fecha 15/08/2025. El informe indica que se acreditaron 1.235 unidades restringidas de acciones (RSU) (cada unidad convertible en una acción) y registradas como adquiridas según un calendario de adquisición originalmente otorgado el 15/02/2022. Para cubrir la retención fiscal se dispusieron 521 acciones ordinarias a $46,94 por acción. Tras las transacciones, el formulario lista 61.661 acciones de propiedad directa en un primer momento y 61.140 acciones directas después de la disposición por retención; la persona informante también posee 988 acciones indirectamente para un hijo y 988 indirectamente a través de UTMA. Las operaciones fueron firmadas por poder (POA) el 19/08/2025.

Eric A. Schimpf, Merrill Wealth Management 사장 � Bank of America Corporation(BAC) 이사/임원은 2025-08-15� 거래� 보고했습니다. 제출서류� 따르� 원래 2022-02-15� 부여된 베스� 일정� 따라 1,235개의 제한�(RSU)가 적립(� 단위� 1주로 전환 가�)� 것으� 기재되어 있습니다. 세금 원천징수� 충당하기 위해 주당 $46.94521�� 보통주가 처분되었습니�. 보고� 거래 � 해당 서류에는 � 시점� 61,661�� 직접 보유하고 있었� 원천징수 처분 이후에는 61,140�� 직접 보유� 것으� 기재되어 있습니다; 보고자는 또한 자녀� 위해 간접적으� 988��, UTMA� 통해 간접적으� 988�� 보유하고 있습니다. 거래� 2025-08-19� 위임�(POA)으로 서명되었습니�.

Eric A. Schimpf, Président de Merrill Wealth Management et administrateur/dirigeant de Bank of America Corporation (BAC), a déclaré des opérations datées du 15/08/2025. Le dépôt indique que 1 235 unités d'actions restreintes (RSU) ont été créditées (chaque unité convertible en une action) et enregistrées comme acquises selon un calendrier d'acquisition initialement attribué le 15/02/2022. Pour couvrir la retenue fiscale, 521 actions ordinaires ont été cédées au prix de 46,94 $ par action. Après les opérations signalées, le dossier liste 61 661 actions détenues directement à un moment donné et 61 140 actions détenues directement après la cession pour retenue ; la personne déclarant détient également 988 actions indirectement pour un enfant et 988 indirectement via une UTMA. Les opérations ont été signées par procuration (POA) le 19/08/2025.

Eric A. Schimpf, Präsident von Merrill Wealth Management und Direktor/Offizier der Bank of America Corporation (BAC), meldete Transaktionen zum 15.08.2025. Die Einreichung weist aus, dass 1.235 Restricted Stock Units (RSUs) gutgeschrieben wurden (jede Einheit in eine Aktie wandelbar) und als Erwerb gemäß einem ursprünglich am 15.02.2022 gewährten Vesting-Plan erfasst sind. Zur Begleichung der Steuerabzüge wurden 521 Stammaktien zum Preis von $46,94 je Aktie veräußert. Nach den gemeldeten Geschäften listet die Meldung zunächst 61.661 direkt gehaltene Aktien und nach der Veräußerung zur Steuerabführung 61.140 direkte Aktien; die meldende Person hält außerdem 988 Aktien indirekt für ein Kind und 988 indirekt über eine UTMA. Die Transaktionen wurden am 19.08.2025 mittels Vollmacht (POA) unterzeichnet.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Schimpf Eric A.

(Last) (First) (Middle)
100 N TRYON STREET

(Street)
CHARLOTTE NC 28255

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BANK OF AMERICA CORP /DE/ [ BAC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Pres, Merrill Wealth Mgmt
3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/15/2025 M 1,235 A (1) 61,661 D
Common Stock 08/15/2025 F 521(2) D $46.94 61,140 D
Common Stock 988 I by Child
Common Stock 988 I by UTMA
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 08/15/2025 M 1,235 (3) 02/15/2026 Common Stock 1,235 (1) 2,469 D
Explanation of Responses:
1. Each unit represents a contingent right to receive one share of Bank of America Corporation common stock.
2. Disposition of shares to the issuer to satisfy a tax withholding obligation.
3. On February 15, 2022, the reporting person was granted units, vesting in sixteen equal quarterly installments commencing May 15, 2022.
Eric A. Schimpf / Michael P. Lapp POA 08/19/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions did Eric A. Schimpf report on Form 4 for BAC?

The filing reports the acquisition of 1,235 restricted stock units (RSUs) and the disposition of 521 common shares to satisfy tax withholding, all dated 08/15/2025.

How were the 521 shares disposed of according to the filing?

The 521 shares were transferred to the issuer to satisfy a tax withholding obligation at a reported price of $46.94 per share.

What is the nature of the 1,235 units reported?

Per the filing, each unit represents a contingent right to receive one share of Bank of America common stock; they stem from an RSU grant on 02/15/2022 vesting in quarterly installments.

How many shares does the filing show as indirectly owned?

The filing discloses 988 shares indirectly held for a child and 988 shares indirectly held via a UTMA account, as reported.

When were these transactions signed and filed?

The Form 4 shows the signature line dated 08/19/2025 by Eric A. Schimpf / Michael P. Lapp as POA.
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