Bank of New York Mellon Corp·4

Apr 21, 4:36 PM ET

Echevarria Joseph 4

Research Summary

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BNY Mellon Director Joseph Echevarria Receives 1,592-Unit Award

What Happened

  • Joseph Echevarria, a director of Bank of New York Mellon Corp (ticker: BK), was granted 1,592 deferred stock units (a derivative award) on 2026-04-17. No purchase price or cash amount is reported for this grant (price/value listed as N/A). This is an award of equity compensation, not a purchase or sale.

Key Details

  • Transaction date: 2026-04-17; SEC filing date: 2026-04-21.
  • Transaction type/code: A — Grant/Award (deferred stock units, derivative).
  • Shares/units granted: 1,592 deferred stock units; price/value: N/A.
  • Shares owned after transaction: Not reported in this filing.
  • Footnotes:
    • F1: 1-for-1 (each deferred stock unit corresponds to one share).
    • F2: Units vest on the earlier of the Corporation’s 2027 Annual Meeting or one year from the grant date. Vested units are payable in shares after the director’s termination of service (either lump sum or in installments as elected). Units accrue dividend equivalents that are reinvested as additional deferred stock units.
    • F3: N/A

Context

  • This is a grant of deferred stock units (a non-cash, long-term equity award). The units do not represent immediately tradable shares and are payable in shares only after vesting and following the director’s termination of service per the plan terms.
  • Awards to directors are common as compensation for service and do not by themselves indicate a buy or sell signal.