BANK OF AMERICA CORP /DE/ 4
0000070858-26-000464
View on SEC EDGARBank of America’s Chief Accounting Officer, Okpara Johnbull, had 50 Series DD preferred depositary shares redeemed by the issuer at $1,000 per share (about $50,000 total) while retaining 27,749 common shares.
On March 10, 2026, Bank of America Corp.’s Chief Accounting Officer, Okpara Johnbull, had 50 depositary shares of Preferred Stock, Series DD redeemed by the issuer at the contractual call price of $1,000.00 per depositary share, for an aggregate value of approximately $50,000. This Form 4 reflects an issuer-initiated preferred stock redemption (coded as transaction type “J”), not an open-market trade by the insider. Following the redemption, Okpara continued to beneficially own 27,749 shares of Bank of America common stock, which, at the current market price of about $62.68 per share, represent an equity value of roughly $1.74 million. The transaction appears to be a routine capital structure event rather than a discretionary buy or sell decision by the insider.
Filing Facts
- CIK
- 70858
- Ticker
- BAC
- Form
- 4
- Source Type
- sec
- Accession
- 0000070858-26-000464
- Alert Tier
- 4