Bronstein Sheri B. 4

What Happened
Sheri B. Bronstein, Chief People Officer of Bank of America (BAC), reported an open-market sale of 60,000 common shares on March 5, 2026. The reported weighted-average price was $49.91 per share, for total proceeds of approximately $2,994,600. This was a sale (not a purchase or option exercise), which is often routine insider selling.

Key Details

• Transaction date: March 5, 2026; Form 4 filed March 6, 2026 (timely filing).
• Transaction type/code: Open-market sale (Code S).
• Shares sold: 60,000; weighted-average price $49.91; price range across multiple trades $49.65–$50.24.
• Reported proceeds: ~$2,994,600.
• Shares owned after transaction: Not disclosed in this Form 4 filing.
• Footnote: The price is a weighted average; the filer can provide a breakdown of how many shares sold at each price within the $49.65–$50.24 range upon request. No 10b5-1 plan, tax withholding, or other special conditions are noted on the filing.

Context
Sales by executives can reflect many reasons (diversification, taxes, planned liquidity) and are not by themselves definitive signals about company prospects. Because this filing shows a straightforward open-market sale with no additional notes, treat it as routine insider selling unless further disclosures indicate otherwise.