DeMare James P, President of Global Markets, has demonstrated a consistent pattern of selling Bank of America (BAC) shares over the past year, with no recorded purchases in the same period. According to SEC Form 4 filings, his transactions total $34.1 million in sales across 46 trades, all involving BAC stock. The most recent activity includes two significant sales in early March 2026, valued at $4.19 million on March 4 and $4.13 million on March 1. These follow a series of earlier disposals, including a $6.76 million sale on August 1, 2025, and multiple transactions in February 2025 and 2026, ranging from $683,597 to $2.18 million per filing.
The filings indicate that DeMare’s sales are often structured as dispositions (code "D") or sales (code "S"), with some transactions marked as gifts or other transfers (code "F"). Notably, the absence of any buy transactions suggests a one-sided disposition strategy, though the reasons remain undisclosed. The concentration of sales in BAC—his only reported holding—highlights a focused reduction in exposure to the financial giant. While the transactions could reflect routine portfolio management, the sheer volume and consistency of sales over time underscore a clear directional trend. The lack of accompanying purchases further distinguishes this activity from balanced insider trading patterns seen in other executives.
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