Geoffrey S. Greener, Chief Risk Officer at Bank of America Corp /DE/ (BAC), sold 126,756 shares of the company's stock on May 7, 2026. The transaction, executed at an average price of $53.01 per share, amounted to approximately $6.72 million.
This sale by a key executive follows a pattern of insider selling observed in recent months. Other notable sales include Bernard A. Mensah, who sold 94,000 shares for roughly $4.41 million in March, and Thomas M. Scrivener and Sheri B. Bronstein, who each sold shares in early March.
Insider sales can be driven by various factors, including portfolio diversification, tax obligations, or pre-arranged trading plans, and do not necessarily reflect a negative outlook on the company's future performance.