IZZO RALPH 4
Research Summary
AI-generated summary
Bank of New York Mellon Director Ralph Izzo Receives 329-Share Award
What Happened
- Ralph Izzo, a director of Bank of New York Mellon Corp (BK), received an award of 328.771 shares (phantom stock) on 2026-02-02. The report values the award at $121.61 per share, for a total of $39,982. This was an award/acquisition (code A) under the company's director deferred compensation plan, not an open-market buy or sale.
Key Details
- Transaction date: 2026-02-02; Filing date: 2026-02-04 (filed within the typical 2-business-day Form 4 window).
- Shares acquired: 328.771; Price/value used: $121.61 per share; Total value reported: $39,982.
- Transaction type/code: A (grant/award/acquisition of phantom stock).
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: F1 — These are phantom shares acquired pursuant to a prior election under The Bank of New York Mellon Corporation Deferred Compensation Plan for Directors, payable at a specified date in shares of common stock.
- Remarks: Ex. 24 — Power of Attorney listed on the filing.
Context
- This was a deferred-compensation award (phantom stock) rather than an exercised option, gift, or market purchase; such awards reflect how the company pays directors and do not necessarily indicate personal buying or selling sentiment.