IZZO RALPH 4
4 · Bank of New York Mellon Corp · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
BNY Mellon (BK) Director Ralph Izzo Receives Phantom Stock Award
What Happened
Ralph Izzo, a director of Bank of New York Mellon Corp (BK), was credited with 227.329 shares as an award/acquisition under the company’s director deferred compensation plan. The award is recorded at a per-share value of $120.97 for a total reported value of $27,500. This was an award/acquisition (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-01
- Report filed: 2026-04-03 (Form 4) — filed within the typical 2-business-day window, so appears timely.
- Shares acquired: 227.329 shares
- Price/value used: $120.97 per share; total value $27,500
- Transaction code: A (award/grant/acquisition)
- Footnote: Phantom stock acquired under The Bank of New York Mellon Corporation Deferred Compensation Plan for Directors; payable at a specified future date in shares (per filing footnote).
- Shares owned after transaction: not reported in the provided filing details.
Context
This was a deferred-compensation award (phantom stock) elected under a directors’ deferred compensation plan and payable in shares at a later date — effectively compensation rather than an immediate investment by the director. Such awards are routine for director pay and do not necessarily indicate insider buying or selling intent. For retail investors, awarded phantom shares are different from open-market purchases and should be interpreted primarily as compensation disclosure.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-01$120.97/sh+227.329$27,500→ 16,065.022 total
Footnotes (1)
- [F1]Phantom stock acquired pursuant to prior election under The Bank of New York Mellon Corporation Deferred Compensation Plan for Directors payable at a specified date in shares of The Bank of New York Mellon Corporation common stock.