Koder Matthew M, President of Global Corporate & Investment Banking, has demonstrated a consistent pattern of selling Bank of America (BAC) stock, with no recorded purchases across 29 transactions totaling $3.3 million in sales. The activity is concentrated entirely in BAC, with no trades in other companies. Filings show a recurring annual pattern around mid-February, with sales executed on February 15, 2024, and February 14-15, 2025. The 2025 transactions included a $957,984 disposition alongside smaller sales ranging from $115,146 to $478,100, while 2024 sales were comparatively smaller, with the largest being $381,686.
The transactions are exclusively coded as dispositions (D), acquisitions (A) with zero value, or transfers (F), suggesting these sales may relate to prearranged trading plans or vesting events rather than discretionary market decisions. The absence of any buy activity—both in recent filings and across the entire dataset—indicates a clear divestment trend. While the dollar values fluctuate year-over-year, the timing and structure of these transactions imply a systematic approach to reducing BAC holdings, possibly tied to compensation-related events. The lack of diversification across other securities further underscores Koder’s singular focus on BAC in his reported insider activity.
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