Hobbs Shannon Marie 4

What Happened Shannon Marie Hobbs, Senior Executive Vice President at Bank of New York Mellon (BK), had 1,241 shares withheld to satisfy tax withholding tied to the vesting of previously disclosed Restricted Stock Unit (RSU) awards. The withholding was reported as a disposition on 2026-02-15 at a per-share value of $117.74, for a total value of approximately $146,115. This was a tax-withholding event (code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-02-15 — 1,241 shares withheld at $117.74 per share (total ~$146,115).
• Transaction code: F (shares withheld to pay tax liability from RSU vesting).
• Footnotes: F1 notes shares were withheld to pay tax liability from previously disclosed RSU awards; F2 references holdings as of 2/6/2026.
• Filing date: Form 4 filed 2026-02-18 (the filing shows the report date; check the SEC filing for timeliness details).
• Shares owned after transaction: Not specified in the provided details; the filing includes a holdings footnote dated 2/6/2026.

Context This was a routine tax-withholding related to RSU vesting rather than an intentional market sale or purchase — such withholdings are common and do not necessarily indicate insider sentiment. For retail investors, purchases are usually more informative about insider confidence; tax withholdings typically reflect compensation mechanics.