February 15, 2025 · Form 4 insider transaction
Mensah Bernard A sold 12,000 shares of Bank of America Corporation, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 4 days after the transaction.
Each phantom stock unit is the economic equivalent of one share of Bank of America Corporation common stock.; On February 12, 2021, the reporting person was granted phantom units, with 40% vesting on February 15, 2023 and the remaining 60% vesting in five equal annual installments commencing on February 15, 2025. The net amount of each of the five installments after any applicable tax withholding is subject to an additional twelve-month holding period after vesting.