Profitelligence Profitelligence · Filing Ledger Open BAC research →

Form 8-K · Current Report · Filed 2025-04-24

Bank of America Annual Meeting Results and Equity Plan Amendments

At the 2025 Annual Meeting, Bank of America Corporation's shareholders elected all nominated directors, approved the advisory vote on executive compensation, ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm, and approved the amendment and restatement of the Bank of America Corporation Equity Plan to increase the number of shares available for grant by 100 million, limit the value of shares granted to a non-employee director in a calendar year to $1 million, and extend the expiration date of the Plan to April 21, 2035.

Filer
Bank of America Corporation BAC · NYSE
Filed
Accession
0000070858-25-000195
CIK
0000070858
Signal
High impactFinancial Services

Details

Shareholder proposals related to director nominations, animal welfare, lobbying alignment with climate goals, and energy financing ratio were not approved.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Key Executive Appointment
Item 5.07

Submission of Matters to a Vote of Security Holders

Equity Plan Approved Shareholder Rejection
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$38.75

Next session

+2.4%

Since filing

+59.9%

Latest close

$61.95

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from BAC reporting the same item, with the next session's move:

Exhibits (2)

About Bank of America Corporation

Bank of America Corporation is a leading financial services company, offering a comprehensive range of banking, investment, and risk management services to individual, corporate, and institutional clients globally. As one of the largest banks in the United States, it provides essential financial products such as checking and savings accounts, credit cards, loans, wealth management, and mortgage services. Bank of America's operations are organized into various sectors, including consumer banking, global wealth and investment management, global banking, and global markets, reflecting its diverse business model and expansive client reach. The corporation is a pivotal player in global finance, influencing capital flow and investment strategies through its widespread network of branches and ATMs. Its role extends beyond traditional banking as it actively engages in community development and sustainability initiatives. Headquartered in Charlotte, North Carolina, Bank of America is well-integrated into the global financial system, with presence across several continents supporting economic growth and financial inclusion. With a strategic focus on technology and digital transformation, the bank enhances customer experiences and operational efficiency while staying ahead in an increasingly competitive financial landscape.

Exchange NYSE Industry Banks - Diversified Company website ↗

Never miss another BAC filing

Profitelligence watches EDGAR around the clock and alerts you within seconds.

Set up free alerts