Koffey Jayee 4

What Happened

• Jayee Koffey, Senior Executive Vice President at Bank of New York Mellon Corp (BK), had 8,446 shares withheld to cover tax liabilities related to the vesting of previously disclosed Restricted Stock Units (RSUs).
• The withholding occurred in three tranches on Feb 15, 2026: 3,395 shares (@ $117.74) = $399,727; 3,069 shares (@ $117.74) = $361,344; 1,982 shares (@ $117.74) = $233,361. Total value withheld ≈ $994,432.
• This was a tax-withholding event (code F), not an open-market sale — a routine administrative transaction that does not necessarily signal a change in insider sentiment.

Key Details

• Transaction date: 2026-02-15; Filing date: 2026-02-18 (check the Form 4 for any timeliness flags; none provided here).
• Prices and amounts: all tranches at $117.74 per share; total shares withheld = 8,446; total value ≈ $994,432.
• Footnote: F1 — "Shares withheld in payment of tax liability due to the vesting of previously disclosed Restricted Stock Unit awards."
• Shares owned after the transaction: not provided in the supplied data (see the Form 4 for post-transaction holdings).

Context

• Code F indicates tax withholding on vested equity (commonly done by withholding shares rather than paying cash). This is a routine administrative step and differs from a deliberate sale of shares on the open market.
• For retail investors, these withholdings are typically neutral information — they reflect compensation tax mechanics rather than a vote of confidence or concern by the insider.