BNY General Counsel J. Kevin McCarthy Gifts 249 Shares

What Happened
J. Kevin McCarthy, Senior Executive Vice President & General Counsel of Bank of New York Mellon Corp (BNY), reported gifting 249 shares of BNY common stock on August 5, 2026. The transaction is coded as a gift (G) and is reported with a $0 sale price and $0 proceeds—reflecting a transfer without cash consideration.

Key Details

• Transaction date: 2026-08-05; filing date (Form 4): 2026-08-06.
• Transaction type/code: Gift (G). Footnote F1 clarifies these shares were gifted by the reporting person.
• Shares transferred/disposed: 249 shares; reported price/proceeds: $0.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Timeliness: Filed the day after the transaction (appears timely under standard 2-business-day reporting rules).

Context
Gifts are disposals for reporting purposes but do not necessarily reflect the insider’s view of the company’s prospects—common reasons include estate planning or transfers to family/charity. No purchase or sale for cash occurred in this filing, and there is no indication here of a 10% owner or derivative activity.