McCarthy J Kevin 4
Research Summary
AI-generated summary
Bank of New York Mellon GC J. Kevin McCarthy Sells 30,000 Shares
What Happened
- J. Kevin McCarthy, SEVP & General Counsel of Bank of New York Mellon (BK), reported an open-market sale of 30,000 common shares on 2026-04-17. The reported weighted-average sale price was $136.50 per share, producing gross proceeds of approximately $4,094,919. This transaction was a sale (disposition), which is a routine insider action and not itself a statement about company outlook.
Key Details
- Transaction date: 2026-04-17
- Transaction type/code: Open market sale (S)
- Shares sold: 30,000
- Reported weighted-average price: $136.50 per share
- Price range (per footnote F1): $135.98 to $136.7989; issuer will provide a breakdown on request
- Gross proceeds: $4,094,919
- Filing date / Accession: Form 4 filed 2026-04-21 (Accession 0001193125-26-167033)
- Shares owned after transaction: Not included in the provided excerpt — check the full EDGAR filing for post-transaction holdings
- Notable footnote: F1 notes the weighted-average price and that detailed per-price share counts are available upon request to the SEC, issuer, or any security holder
- Timeliness: Form 4 filing date is listed; confirm on EDGAR whether the filing met the SEC’s required reporting timeframe
Context
- This was a straight sale of existing shares (not an option exercise, gift, or award). Sales by executives can be routine (e.g., for diversification or liquidity) and do not, by themselves, prove a change in company fundamentals. For full context, retail investors should review the complete Form 4 on EDGAR to see post-transaction holdings and any additional disclosures.