Summary by Futu AI
Bank of America's Chair and CEO, Brian T. Moynihan, completed a series of transactions involving the company's common stock on May 15, 2024. Moynihan sold 20,683 shares at a price of $38.91 per share, resulting in a total market value of approximately $804,775.53. Additionally, two separate bona fide gifts were reported, one of 55,000 shares and another of 45,000 shares, both at no cost. After these transactions, Moynihan directly holds 2,452,927 shares of Bank of America's common stock. Furthermore, Moynihan has indirect ownership of 103,436.246 shares, which includes 3,436.246 shares through a 401(k) plan and 100,000 shares held by a trust.