Insider trade

10% owner sold ~$527 of BAC shares in the open market

Traded Mar 19, 2026 · Filed Mar 23, 2026

Bank of AmericaBAC

~$527
Reported value · 50 sh @ $10.53: +14.3%
stock since the trade · S&P 500 +15.8%, $47.01 → $53.73 on Oct 1

Why it stands out

A big owner of Bank of America sold $527 of Bank of America shares. Nobody planned it ahead of time.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Mar 19, 2026
Reporting period: Not applicable
Filed with the SEC: Mar 23, 2026

10% ownerIndirect holding<$25K

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$527

Shares × reported transaction price

Timing vs results

64 days after results of Jan 14, 2026, 27 days before results of Apr 15, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $47.01 on Mar 19, 2026, 37% above its 52-week low and 18% below its high, after a 15% drop over the previous 30 trading days

52-week range $34.39 (Apr 4, 2025) to $57.25 (Jan 6, 2026), 55% of the way up, from 251 adjusted closes. 30 trading days earlier: $55.38 on Feb 4, 2026. Describes the past only, not a forecast

Layoff notice nearby

A WARN layoff notice covering 170 workers was filed in New York on March 19, 2026.

From the official state WARN list, the same day as the trade. Shown for timing only; the two filings are separate

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

Securities lawsuit open at the trade date

A securities lawsuit naming the company as a defendant was filed on Mar 7, 2025 in the U.S. District Court, D. Minnesota. A filing is an allegation, not a finding.

Joseph v. Bank of America, N.A., docket 0:25-cv-00893, via CourtListener (court records). Nature of suit 850, company named as first defendant

After it was reported

After	Stock	S&P 500	Difference
7 days	+1.3%	-0.4%	+1.7%
30 days	+9.0%	+8.5%	+0.5%
90 days	+19.2%	+14.0%	+5.2%
180 days	+20.4%	+18.4%	+2.0%

Past results only. Not a forecast.

Source receipt

Record ID: 0000070858-26-000210
Filed / recorded: Mar 23, 2026, 7:13 PM UTC
Added to OQRO: Oct 2, 2026, 3:52 AM UTC
Parser: form4-xml-v1
Data quality: Needs review
Issuer: PUTNAM MUNICIPAL OPPORTUNITIES TRUST
Issuer CIK: 900422
Ticker: PMO
Reporting person: BANK OF AMERICA CORP /DE/
Relationship: 10% owner
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Mar 19, 2026
Transaction code: S
Shares / units: 50
Price per share: $10.53
Acquired / disposed: Disposed (D)
Shares owned after: 0
Ownership form: Indirect — See Footnotes
Amendment: No

Footnotes from the filing

This statement is jointly filed by Bank of America Corporation and Merrill Lynch, Pierce, Fenner & Smith Incorporated ("Merrill Lynch") (collectively, the "Reporting Persons"). Bank of America Corporation holds an indirect interest in the securities listed in this Report by virtue of its 100% ownership of its subsidiary Merrill Lynch. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that any such Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Securities Exchange Act of 1934 (the "Exchange Act"), or for any other purpose.
Each Reporting Person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the Exchange Act or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer.
Without conceding its status as a greater than 10% beneficial owner or that the reported transactions are subject to disclosure under Section 16(a) of the Exchange Act or short-swing profit recovery under Section 16(b) of the Exchange Act, the amount of profit potentially recoverable by the Issuer from the reported transactions in the event that the Reporting Persons were greater than 10% beneficial owners and the transactions were subject to Section 16(b) will be remitted to the Issuer.