Dermot McDonogh, the Chief Financial Officer of BNY Mellon, reported two insider transactions where a total of 32,793 company common shares were withheld to cover tax liabilities associated with the vesting of Restricted Stock Unit awards. These transactions, valued at $119.10 per share, were tax-withholding dispositions rather than open-market sales. Following these actions, McDonogh directly holds approximately 308,211 shares of BNY Mellon.
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BNY Mellon (NYSE: BK) CFO uses 32,793 shares to cover tax bill
Dermot McDonogh, the Chief Financial Officer of BNY Mellon, reported two insider transactions where a total of 32,793 company common shares were withheld to cover tax liabilities associated with the vesting of Restricted Stock Unit awards. These transactions, valued at $119.10 per share, were tax-withholding dispositions rather than open-market sales. Following these actions, McDonogh directly holds approximately 308,211 shares of BNY Mellon.