BofA Co-President Gifts 14,675 Shares for Charity
BANK OF AMERICA CORP /DE/
Subscribe to track BAC
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
BofA Co-President Gifts 14,675 Shares for Charity
Company: BANK OF AMERICA CORP /DE/ (BAC) Form: 4 | Filed: 2025/11/14 Significance: Low
Insider: Athanasia Dean C Title: Co-President | Relationship: Officer
Transaction: • Type: Gift • Shares: 14,675 • Price: $0.00 • Value: $0 • Owned After: 558,669
Key Insight: This is a non-market charitable donation, not a sale based on market sentiment. The transaction has negligible financial impact.
Market Context: As a charitable gift, this transaction does not reflect the insider's outlook on the company's future performance.
This is PUBLIC SEC data for educational purposes. Not investment advice.
Comprehensive Analysis
SEC Filing Analysis: BANK OF AMERICA CORP /DE/ (BAC)
Executive Summary
- Trading Significance: Low
- Key Takeaway: Athanasia Dean C, Co-President of Bank of America, made a charitable gift of 14,675 shares of common stock, a non-market transaction with no direct trading implications.
- Market Impact: Negligible. The transaction is a gift with a total value of $0 and represents a minuscule fraction of the company's shares outstanding.
Company Information
| Field | Value |
|---|---|
| Company | BANK OF AMERICA CORP /DE/ |
| Ticker Symbol | BAC |
| CIK | 0000070858 |
| Industry | National Commercial Banks |
Insider Information
| Field | Value |
|---|---|
| Name | Athanasia Dean C |
| CIK | 0001618705 |
| Title/Position | Co-President |
| Relationship | Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2025-11-13 |
| Transaction Code | G (Gift) |
| Security Type | Common Stock |
| Shares Involved | 14,675 |
| Price Per Share | $0.00 |
| Total Value | $0 |
| Shares Owned After | 558,669 |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $0 |
| % of Market Cap | 0.00% |
| Shares Transacted | 14,675 |
| % of Shares Outstanding | 0.0002% |
| Post-Transaction Ownership | 558,669 shares (0.0075% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: The transaction has a value of $0 and is immaterial against Bank of America's market capitalization of $395.14 billion.
- Ownership Concentration: The insider's post-transaction ownership of 0.0075% is not a significant concentration of the total shares outstanding.
- Transaction Significance: As a charitable gift, this transaction does not signal a change in the insider's confidence in the company. Its size is insignificant relative to both market cap and shares outstanding.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: Charitable gifts are not considered market-moving events as they are not open-market transactions and do not reflect an insider's investment decision.
Volume & Sentiment
- Expected Volume Impact: None. This was not an open-market transaction.
- Sentiment Indicator: Neutral. The filing indicates a philanthropic action, not a bullish or bearish signal.
Additional Context
Transaction Notes
- Special Circumstances: The filing footnote explicitly states, "Represents a charitable gift by the reporting person."
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.