Echevarria Joseph 4

What Happened
Joseph Echevarria, a director of The Bank of New York Mellon Corporation, was awarded 616.354 shares (valued at $146.02 per share) on 2026-07-01, for a total value of $90,000. This was an award/acquisition (not an open-market purchase or sale) reported on Form 4.

Key Details

• Transaction date: 2026-07-01; filing date: 2026-07-06 (filed 5 days after the transaction). Form 4s are generally due within two business days, so this appears to be late.
• Shares awarded: 616.354 at $146.02 per share; aggregate value $90,000.
• Shares owned after the transaction: not disclosed in the provided filing summary.
• Footnote: Phantom stock was acquired pursuant to a prior election under The Bank of New York Mellon Corporation Deferred Compensation Plan for Directors; payable at a specified future date in common stock (per footnote F1).

Context
This was a deferred-compensation award (phantom stock) under the directors' plan, meaning the award was not a cash purchase or sale and typically reflects routine director compensation elections. Such awards are common for non-employee directors and do not necessarily indicate insider sentiment about the company’s stock.