BANK OF AMERICA CORP /DE/·4

Feb 13, 8:21 PM ET

Okpara Johnbull 4

4 · BANK OF AMERICA CORP /DE/ · Filed Feb 13, 2026

Research Summary

AI-generated summary of this filing

Updated

Bank of America (BAC) CAO Johnbull Okpara Receives Award

What Happened Johnbull Okpara, Chief Accounting Officer of Bank of America Corporation, was granted 69,219 contingent stock units (derivative award) on February 13, 2026. The filing shows no purchase price (N/A) because this is an equity award rather than an open-market trade. These units represent rights to receive common shares and are part of executive compensation rather than a buy or sell in the market.

Key Details

  • Transaction date: 2026-02-13; transaction type: Award/Grant (code A).
  • Amount: 69,219 contingent stock units; price: N/A (derivative award, not an open-market trade).
  • Footnotes: Each unit equals a contingent right to one share. Award under the Bank of America Equity Plan and exempt under Rule 16b-3(d). Units vest in four equal annual installments beginning February 15, 2027 and are settled in shares.
  • Shares owned after transaction: Not specified in the provided filing details.
  • Filing timeliness: Report filed with period and filing date both 2026-02-13 (appears timely).

Context This is a standard equity compensation grant for an executive. Such awards are typically part of pay and long-term retention and do not represent an immediate market purchase or sale. Because the units vest over time and convert to shares later, they do not indicate an immediate sale or cashless exercise.

Insider Transaction Report

Form 4
Period: 2026-02-13
Okpara Johnbull
Chief Accounting Officer
Transactions
  • Award

    2026 Restricted Stock Units

    [F1][F2]
    2026-02-13+69,21969,219 total
    Exp: 2030-02-15Common Stock (69,219 underlying)
Holdings
  • Common Stock

    13,110
  • Preferred Stock, Series DD

    50,000
Footnotes (2)
  • [F1]Each unit represents a contingent right to receive one share of Bank of America Corporation common stock.
  • [F2]Award under the Bank of America Corporation Equity Plan in a transaction that is exempt under Rule 16b-3(d). These units are settled in shares and vest in four equal annual installments commencing February 15, 2027.
Signature
Johnbull Okpara / Michael P. Lapp POA|2026-02-13

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT