McCarthy sold 30,000 BK shares at $136.50 on 2026-04-17; stock now at $137.92 (52-week high). 37.4% position reduction.
Kevin McCarthy, SEVP & General Counsel at Bank of New York Mellon, sold 30,000 shares (37.4% of his pre-transaction holdings of 80.2K shares) at $136.50 on 2026-04-17, realizing $4.1M. The stock has since rallied 0.0% to its 52-week high of $137.92, and McCarthy retains 50.2K shares post-transaction. His cross-ticker track record across five prior sales shows an average 90-day return of +8.8%, indicating his sells have historically underperformed relative to subsequent price appreciation. At Bank of New York Mellon specifically, McCarthy has executed five prior sales, two of which were well-timed at the 90-day mark; the most recent sale on 2025-07-22 also failed to precede a decline, with a +10.2% 90-day return. The transaction occurs at elevated levels for BK—at the current 52-week high—though the stock's 20.0% surge over the prior 30 days preceded the sale, and BK's fundamentals remain solid with $1.4B net income on $2.9B revenue in the latest quarter and a P/E of 15.12.