Insider trade

CFO sold ~$3.42M of BAC shares in the open market

Traded Feb 27, 2026 · Filed Mar 3, 2026

Bank of AmericaBAC

~$3.42M
Reported value · 68K sh @ $50.24: 328K
Holds after · shares reported: +7.8%
stock since the trade · S&P 500 +11.4%, $49.83 → $53.73 on Oct 1

Why it stands out

The money chief of Bank of America sold $3.42M 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: Feb 27, 2026
Reporting period: Not applicable
Filed with the SEC: Mar 3, 2026

CFO$1M+

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$3,416,320

Shares × reported transaction price

Timing vs results

44 days after results of Jan 14, 2026, 47 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 $49.83 on Feb 27, 2026, 45% above its 52-week low and 13% below its high, after a 5% drop over the previous 30 trading days

52-week range $34.39 (Apr 4, 2025) to $57.25 (Jan 6, 2026), 68% of the way up, from 251 adjusted closes. 30 trading days earlier: $52.48 on Jan 14, 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, 20 days after 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	-3.5%	-1.3%	-2.3%
30 days	-0.5%	-3.8%	+3.3%
90 days	+4.3%	+10.9%	-6.5%
180 days	+23.1%	+12.0%	+11.2%

Past results only. Not a forecast.

Source receipt

Record ID: 0000070858-26-000176
Filed / recorded: Mar 3, 2026, 11:35 PM UTC
Added to OQRO: Oct 2, 2026, 3:52 AM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: BANK OF AMERICA CORP /DE/
Issuer CIK: 70858
Ticker: BAC
Reporting person: Alastair M Borthwick
Relationship: Officer
Officer title: Executive Vice President & CFO
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Feb 27, 2026
Transaction code: S
Shares / units: 68,000
Price per share: $50.24
Acquired / disposed: Disposed (D)
Shares owned after: 327,843
Ownership form: Direct
Amendment: No

Around the same time

6mo ago

170Shares

Not classified as an open-market trade.

Why it stands out Official record

Major shareholder bought7mo ago

~$529Reported value · 50 sh @ $10.57

A big owner of Bank of America spent $529 of their very own money to buy Bank of America shares.

Why it stands out Official record

Major shareholder sold7mo ago

~$527Reported value · 50 sh @ $10.53

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

Why it stands out Official record