Transaction details
James P. DeMare, who serves as Co-President of BANK OF AMERICA CORP (NYSE: BAC), sold 83,832 shares of the company's common stock on March 4, 2026. The shares changed hands at $50.00 per share, producing a total transaction value of $4.19 million. According to the filing, DeMare continues to hold 307,240 shares through a revocable trust. The disposition was reported on a Form 4 submitted to the Securities and Exchange Commission.
Context within the bank's broader financial activity
Alongside the insider sale, Bank of America has flagged several other material corporate actions. The bank plans to redeem ¥27.8 billion in senior notes on March 18; those notes form part of its $65 billion Euro Medium-Term Note Program. Additionally, the bank has initiated a sale of investment-grade dollar bonds, offering both fixed- and floating-rate notes as part of its funding activity.
Bank of America is also participating in capital markets work for Mavis Tire Express Services Corp.'s planned initial public offering, in which it will join Goldman Sachs. The IPO could raise approximately $2 billion. Separately, the bank announced a strategic integration of LSEG's data and analytics across its platforms through a partnership with the London Stock Exchange Group.
On executive compensation, Bank of America increased CEO Brian Moynihan's pay by 17%, bringing his total compensation for 2025 to $41 million.
Research coverage mention
For investors seeking detailed valuation and financial metrics, the company is listed among the more than 1,400 U.S. equities covered by comprehensive InvestingPro Research Reports, which the firm describes as tools that translate complex data into actionable intelligence.
Market backdrop note
The bank's bond sale is noted alongside a broader trend of debt offerings among major Wall Street banks. The information presented here is limited to the transactions and corporate developments disclosed in official filings and announcements; no additional projections or analysis beyond those disclosures are included.