Bernard A Mensah sells $4.4M of BAC
Bernard A Mensah, President of International at Bank of America, sold 94,000 shares at $46.94 per share for a total value of $4.4 million. Following the transaction, Mensah holds 170,184 shares.
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Our Take
→Bank of America's President of International sold 94K shares at $46.94 — the largest single-day insider sale at BofA in over a year. Regional bank stress has paradoxically lifted money-center deposit inflows, and executives have cashed out as net interest margin compression fears fade.
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