DeMare James P 4

What Happened

James P. DeMare, Co‑President of Bank of America (BAC), reported an open‑market sale of 83,832 shares on March 4, 2026. The shares were disposed at $50.00 each, for a total transaction value of $4,191,600. This was a sale (code S) rather than a purchase — sales are often routine liquidity or diversification moves and do not by themselves indicate a change in company outlook.

Key Details

• Transaction date: March 4, 2026; filing date: March 6, 2026 (filed within the typical Form 4 reporting window).
• Price per share: $50.00; shares sold: 83,832; total proceeds: $4,191,600.
• Transaction type: Open‑market sale (reported as S).
• Shares owned after transaction: Not specified in the provided Form 4 excerpt.
• Footnotes/plan: No 10b5‑1, tax‑withholding, or other footnotes were provided in the summary supplied.

Context

Insider sales are common and can reflect personal financial planning rather than a view on the company. Purchases tend to carry more weight as a bullish signal; this filing documents a routine executive sale and should be considered alongside other insider activity and company fundamentals.