O'CONNOR SANDRA 4
Research Summary
AI-generated summary
Bank of New York Mellon (BK) Director Sandra O'Connor Receives 1,592-Share Award
What Happened
Sandra O'Connor, a director of Bank of New York Mellon Corp (BK), received a grant of 1,592 deferred stock units (reported as a derivative award) on April 17, 2026. No cash price or market value is listed in the filing (N/A) because this is a compensation award rather than an open-market trade.
Key Details
- Transaction type: Grant/Award (code A) of 1,592 deferred stock units (derivative).
- Transaction date: 2026-04-17; Form 4 filed 2026-04-21 (within the SEC two-business-day reporting window).
- Price/Value: N/A in the filing (typical for equity awards reported as DSUs).
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: F1 = 1-for-1 conversion; F2 = DSUs vest on earlier of the 2027 Annual Meeting or one year from grant; vested DSUs payable in common shares (lump sum or elected installments) beginning 30 days after director’s termination; DSUs accrue dividend equivalents reinvested into additional DSUs. F3 = N/A.
Context
Deferred stock units are a form of director compensation that convert to company shares when they vest or become payable; they are not an open-market purchase or sale and therefore do not directly indicate buy/sell market sentiment. The filing appears timely under SEC rules.