COOK LINDA Z 4

What Happened

• Linda Z. Cook, a director of Bank of New York Mellon Corp (BK), was granted 1,592 deferred stock units (DSUs) on 2026-04-17. This was an award (non-cash compensation), not an open-market purchase or sale; no price or cash value was reported. The award is reported as a derivative acquisition (A) and converts 1-for-1 to common shares.

Key Details

• Transaction date: 2026-04-17; Form 4 filed 2026-04-21 (timely filing).
• Amount: 1,592 deferred stock units; price: N/A (award).
• Vesting: DSUs vest on the earlier of the Corporation’s 2027 Annual Meeting or one year from the grant date (per footnote).
• Payout: Vested DSUs payable in shares (lump sum or elected annual installments) beginning 30 days after the director’s termination of service. DSUs accrue dividend equivalents that are reinvested as additional DSUs.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 = 1-for-1 conversion; F2 = vesting/payout and dividend-equivalent details; F3 = N/A.

Context

• Deferred stock units are a common form of director compensation and do not represent an immediate market buy or sell. They typically align pay with shareholder value over time; payout occurs after vesting and, here, after the director leaves service. This award should be viewed as routine compensation disclosure rather than a direct market signal.