Bank of America (BAC) Director Jose Almeida Receives 5,365-Share Award

What Happened

• Jose E. Almeida, a director of Bank of America Corporation (BAC), received an award of 5,365 shares on May 4, 2026. The Form 4 lists the acquisition as type "A" (award/grant) at $0.00 per share (total reported value $0). The filing notes these shares represent payment of annual director compensation under the Bank of America Corporation Equity Plan and were exempt under Rule 16b-3.

Key Details

• Transaction date: 2026-05-04; Form 4 filed: 2026-05-06 (appears within the standard 2-business-day window).
• Transaction type/code: A (award/grant); price per share: $0.00; total reported value: $0.
• Shares received: 5,365.
• Shares owned after transaction: not disclosed in the provided filing details.
• Footnote: F1 — payment of annual director compensation under the Bank of America Equity Plan; transaction exempt under Rule 16b-3.

Context

• This was a compensation award to a non-employee director, not an open-market purchase or sale. Such awards are routine director pay and do not necessarily signal a personal buying or selling decision. The award was reported with $0 cash consideration because it represents compensation rather than a cash purchase.