BNY Director Sandra O'Connor Acquires Shares via Deferred Comp Plan
Bank of New York Mellon Corp
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Filing Summary
Bank of New York Mellon Corp ($BNY) Form 4 Filing Insider: Sandra O'Connor (Director) Type: Acquisition (Award / Deferred Comp) Shares: 191.0784 @ $143.92 Total Value: ~$27,500.00 Shares Held After: 7,335.0614 Significance: Low (Routine Director Deferred Compensation)
Comprehensive Analysis
Transaction Summary
On October 1, 2026, Bank of New York Mellon Corp (NYSE: BNY) Director Sandra O'Connor acquired 191.0784 shares of common stock (credited as phantom stock units) at a price of $143.92 per share, representing an aggregate transaction value of approximately $27,500.00.
Filing Details & Context
- Nature of Acquisition: As disclosed in footnote 1, this transaction reflects phantom stock acquired under the Bank of New York Mellon Corporation Deferred Compensation Plan for Directors pursuant to a prior election. The units are payable in common stock at a future specified date.
- Transaction Code: 'A' indicates a grant, award, or other acquisition under an employee or director benefit plan pursuant to Rule 16b-3, rather than a discretionary open-market purchase.
- Ownership Post-Transaction: Following this transaction, Sandra O'Connor directly holds 7,335.0614 shares.
Market & Governance Impact
This filing represents standard quarterly director compensation deferral and conveys low informative value regarding insider sentiment on company valuation.
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