Goldstein Jeffrey A 4
Research Summary
AI-generated summary
BNY Mellon Director Jeffrey Goldstein Receives Award of 341 Shares
What Happened
Jeffrey A. Goldstein, a director of The Bank of New York Mellon Corporation (ticker: BK), was credited with 340.994 shares (transaction code A) on 2026-04-01. The per-share value reported was $120.97, for a total reported value of $41,250. This was an award/acquisition of phantom stock under a director deferred compensation arrangement, not an open-market purchase.
Key Details
- Transaction date and price: 2026-04-01 at $120.97 per share.
- Shares acquired: 340.994 shares; total reported value $41,250.
- Shares owned after transaction: not provided in the summary filing data.
- Footnote: Phantom stock was 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.
- Filing timeliness: Report filed 2026-04-03 (appears to be timely for a Form 4 reporting period of 2026-04-01).
Context
This was a deferred-compensation award (phantom stock) that will be paid in shares at a future date per the plan terms. Such awards are routine for directors and reflect compensation arrangements rather than an immediate market purchase or sale; they should be interpreted differently than open-market buys or sales.