Mensah Bernard A

BAC President Mensah sells 94.0K shares ($4.4M) at $46.94; stock now -18.4% from 52-week high, -13.2% in 30 days

Mensah Bernard A, President of International, sold 94,000 shares (94.0K shares) of Bank of America on March 12, 2026, representing a -35.6% reduction in his holdings from 264.2K to 170.2K shares. The transaction occurred at $46.94 per share for a total value of $4,412,642.00 ($4.4M). Since the sale, BAC shares have declined to $46.72, trading -18.4% below the 52-week high and down -13.2% over the past 30 days, indicating the stock has not recovered to the transaction price. Reviewing his cross-ticker track record of one prior open-market sale, that transaction resulted in a +19.3% gain over 90 days, which represents poorly-timed execution on a sale (the stock rose after he sold). At BAC specifically, his prior sell on 2024-08-27 also yielded +19.3% over 90 days, suggesting a pattern of selling before rallies rather than declines. The company remains fundamentally sound with $28.1B quarterly revenue, $8.5B net income, +11.0% annual revenue growth, and a 10.16 P/E valuation on a $335.3B market cap; the significance is moderate because the sale volume is material but does not indicate systematic de-risking, and the insider retains 170.2K shares post-transaction.

Mensah Bernard A, President (International), sells 92,000 BAC shares at $39.80 on 2024-08-27, reducing holdings by 48.9%

Mensah Bernard A executed a substantial sale of 92,000 shares at $39.80, reducing his holdings from 188,082 to 96,082 shares—a 48.9% reduction in position size. The sale occurred at a price $0.37 below the current price of $40.17 and well within the 52-week range of $25.17–$44.13, positioning the trade near but not at recent highs. As President (International) of Bank of America, a $311.7B market-cap institution posting strong fundamentals (net income of $6.9B on $25.4B quarterly revenue), this sale represents a meaningful but not exceptional reduction for a senior executive. Without additional context such as trading plan designation or prior selling patterns, the transaction reflects a significant but single disposal event from an upper-level manager.