secwatch.observer — SEC 8-K summary
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Issuer:     BANK OF AMERICA CORP /DE/ (BAC)
CIK:        0000070858
Form:       8-K
Filed at:   2026-02-13T23:59:59+00:00
Accession:  0000070858-26-000088
Event type: leadership
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Bank of America CEO Moynihan awarded $41M total 2025 compensation, up 17% from 2024
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- Board approves aggregate $41M for CEO Brian Moynihan, vs $35M in 2024; base salary unchanged at $1.5M, no cash bonus.
- Compensation includes $39.5M in equity: 30% cash-settled RSUs vesting in 12 months, 20% stock-settled RSUs vesting over 4 years, 50% performance RSUs.
- Performance RSUs require re-earning based on 2026-2028 ROA and adjusted tangible book value growth; target payout at 90bps ROA, max 150% at 110bps ROA.
- Company highlights 2025 results: net income $30.5B (+13% YoY), diluted EPS $3.81 (+19%), revenue $113.1B (+7%), stock up 25% in 2025.
- Board cites Moynihan's leadership driving growth for shareholders, supporting communities, and disciplined expense management.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70858/000007085826000088/0000070858-26-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70858/000007085826000088/bac-20260213.htm
  HTML page:      https://secwatch.observer/filing/0000070858-26-000088

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