BNY Mellon (BK) Director Sandra O'Connor Receives Award

What Happened

• Sandra O'Connor, a director of The Bank of New York Mellon Corporation (BK), was awarded 227.329 shares on 2026-04-01 at an imputed price of $120.97 per share, for a total value of $27,500. The filing reports this as an acquisition/award (transaction code A).

Key Details

• Transaction date and price: 2026-04-01 at $120.97 per share (total $27,500).
• Shares received: 227.329 shares.
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote: These are phantom shares under the Bank of New York Mellon Deferred Compensation Plan for Directors, payable in common stock at a specified future date.
• Filing date/timeliness: Form 4 filed 2026-04-03 for a 2026-04-01 transaction — appears to be timely (within the standard Form 4 reporting window).

Context

• This was an award of deferred/phantom stock tied to the director compensation plan, not an open-market purchase or sale. Phantom stock under a deferred compensation plan represents a future payout in company shares and typically reflects routine director compensation rather than an immediate investment decision.