Echevarria Joseph 4

What Happened

Joseph Echevarria, a director of Bank of New York Mellon Corp. (BK), received 743.986 shares (phantom stock) as an award/acquisition on April 1, 2026. The filing lists an acquisition price of $120.97 per share, for a total value of $90,000. This was a deferred-compensation award settled in stock (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-01; Price: $120.97 per share; Total value: $90,000.
• Shares acquired: 743.986 (phantom stock under deferred comp plan).
• Shares owned after transaction: not specified in the filing.
• Footnote: F1 — Phantom stock was acquired pursuant to a prior election under The Bank of New York Mellon Corporation Deferred Compensation Plan for Directors and is payable in shares on a specified future date.
• Filing date: 2026-04-03; the report appears timely (covers 2026-04-01 transaction).

Context

Phantom stock awards are a form of deferred compensation that will be settled in company shares at a later specified date; they do not represent an immediate open-market purchase and thus are not a direct, active bullish purchase signal. This transaction simply reflects a scheduled payout election under the company director deferred compensation plan.