--- schema_version: "secwatch.filing_event.v1" accession: "0000070858-24-000149" form_type: "8-K" ticker: "BAC" cik: "0000070858" company_name: "BANK OF AMERICA CORP /DE/" filed_at: "2024-04-26T23:59:59+00:00" generated_at: "2026-06-03T06:53:26.087329+00:00" event_type: "other" sentiment: "neutral" materiality_score: 0.55 calibrated_materiality_score: 0.55 confidence: "high" source: SEC EDGAR --- # Bank of America shareholders approve 100M share increase for equity plan at 2024 annual meeting ## Summary - All 13 director nominees elected; say-on-pay approved with ~91% of votes cast in favor. - Equity Plan amendment to add 100M shares approved with ~78% of votes cast in favor. - All six shareholder proposals (de-banking, climate lobbying, clean energy ratio, written consent, independent chair, exec comp) defeated. - Plan terms otherwise unchanged; additional shares expected to support current grant practices for about one year. ## SEC filing metadata - accession: 0000070858-24-000149 - form_type: 8-K - ticker: BAC - cik: 0000070858 - company_name: BANK OF AMERICA CORP /DE/ - filed_at: 2024-04-26T23:59:59+00:00 - event_type: other - sentiment: neutral - materiality_score: 0.55 - calibrated_materiality_score: 0.55 - confidence: high - sec_items: 5.02, 5.07, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/70858/000007085824000149/0000070858-24-000149-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70858/000007085824000149/bac-20240424.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0000070858-24-000149 - JSON: https://secwatch.observer/filing/0000070858-24-000149.json - Plain text: https://secwatch.observer/filing/0000070858-24-000149.txt ## Key facts - Shareholder Votes BANK OF AMERICA CORP /DE/ shareholders rejected Shareholder proposal - requesting changes to executive compensation program at the 2024-04-24 meeting. - Outcome: failed - Meeting: 2024-04-24 source text: 10. Shareholder proposal - requesting changes to executive compensation program: For 396,134,656 Against 5,195,465,828 Abstain 51,786,424 Broker Non-Votes 932,046,642 evidence_url: https://www.sec.gov/Archives/edgar/data/70858/000007085824000149/0000070858-24-000149-index.htm - Shareholder Votes BANK OF AMERICA CORP /DE/ shareholders rejected Shareholder proposal - requesting right to act by written consent at the 2024-04-24 meeting. - Outcome: failed - Meeting: 2024-04-24 source text: 8. Shareholder proposal - requesting right to act by written consent: For 747,953,440 Against 4,846,373,678 Abstain 49,059,790 Broker Non-Votes 932,046,642 evidence_url: https://www.sec.gov/Archives/edgar/data/70858/000007085824000149/0000070858-24-000149-index.htm - Shareholder Votes BANK OF AMERICA CORP /DE/ shareholders approved Ratification of PricewaterhouseCoopers LLP as independent auditor for 2024 at the 2024-04-24 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2024-04-24 source text: ratified the appointment of PricewaterhouseCoopers LLP as the Corporation’s independent registered public accounting firm for 2024 evidence_url: https://www.sec.gov/Archives/edgar/data/70858/000007085824000149/0000070858-24-000149-index.htm - Shareholder Votes BANK OF AMERICA CORP /DE/ shareholders rejected Shareholder proposal - requesting report on risks of politicized de-banking at the 2024-04-24 meeting. - Outcome: failed - Meeting: 2024-04-24 source text: 5. Shareholder proposal - requesting report on risks of politicized de-banking: For 178,001,752 Against 5,399,078,323 Abstain 66,306,833 Broker Non-Votes 932,046,642 evidence_url: https://www.sec.gov/Archives/edgar/data/70858/000007085824000149/0000070858-24-000149-index.htm - Shareholder Votes BANK OF AMERICA CORP /DE/ shareholders approved Amendment and restatement of the Bank of America Corporation Equity Plan at the 2024-04-24 meeting. - Proposal: equity plan - Outcome: passed - Meeting: 2024-04-24 source text: approved the amendment and restatement of the Plan evidence_url: https://www.sec.gov/Archives/edgar/data/70858/000007085824000149/0000070858-24-000149-index.htm - Shareholder Votes BANK OF AMERICA CORP /DE/ shareholders rejected Shareholder proposal - requesting independent board chair at the 2024-04-24 meeting. - Outcome: failed - Meeting: 2024-04-24 source text: 9. Shareholder proposal - requesting independent board chair: For 1,735,122,833 Against 3,814,260,675 Abstain 94,003,400 Broker Non-Votes 932,046,642 evidence_url: https://www.sec.gov/Archives/edgar/data/70858/000007085824000149/0000070858-24-000149-index.htm - Shareholder Votes BANK OF AMERICA CORP /DE/ shareholders rejected Shareholder proposal - requesting disclosure of clean energy financing ratio at the 2024-04-24 meeting. - Outcome: failed - Meeting: 2024-04-24 source text: 7. Shareholder proposal - requesting disclosure of clean energy financing ratio: For 1,451,986,553 Against 4,138,376,010 Abstain 53,024,345 Broker Non-Votes 932,046,642 evidence_url: https://www.sec.gov/Archives/edgar/data/70858/000007085824000149/0000070858-24-000149-index.htm - Shareholder Votes BANK OF AMERICA CORP /DE/ shareholders approved Election of Directors at the 2024-04-24 meeting. - Proposal: director election - Outcome: passed - Meeting: 2024-04-24 source text: elected all of the nominees for director evidence_url: https://www.sec.gov/Archives/edgar/data/70858/000007085824000149/0000070858-24-000149-index.htm - Shareholder Votes BANK OF AMERICA CORP /DE/ shareholders rejected Shareholder proposal - requesting report on lobbying alignment with Bank of America’s climate goals at the 2024-04-24 meeting. - Outcome: failed - Meeting: 2024-04-24 source text: 6. Shareholder proposal - requesting report on lobbying alignment with Bank of America’s climate goals: For 1,520,064,772 Against 4,009,159,756 Abstain 114,162,380 Broker Non-Votes 932,046,642 evidence_url: https://www.sec.gov/Archives/edgar/data/70858/000007085824000149/0000070858-24-000149-index.htm - Shareholder Votes BANK OF AMERICA CORP /DE/ shareholders approved Advisory vote on executive compensation at the 2024-04-24 meeting. - Proposal: say on pay - Outcome: passed - Meeting: 2024-04-24 source text: approved the advisory vote on executive compensation evidence_url: https://www.sec.gov/Archives/edgar/data/70858/000007085824000149/0000070858-24-000149-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.