A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 10 filings in this group are Form 4s for BNY Mellon Municipal Bond Infrastructure Fund, Inc.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 10 insider filings shown, the breakdown is 5 open-market purchase, 2 mixed open-market activity, 2 other reported transaction and 1 open-market sale. 8 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Mixed open-market activity
Mixed Insider Activity
2024-12-13
DMB insider BANK OF AMERICA CORP /DE/ (10% Owner) reported mixed Form 4 activity
BANK OF AMERICA CORP /DE/ (10% Owner) filed a Form 4 showing both purchase and sale activity. Review the SEC filing for the transaction-by-transaction details before drawing a directional conclusion.
The filing reports both purchases and sales on the open market. Read the transaction lines individually before drawing a directional conclusion.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
100 |
$10.14 |
$1.0K |
P |
Open-market purchase
|
40 |
$10.13 |
$405.20 |
P |
Open-market purchase
|
73 |
$10.15 |
$740.95 |
P |
Open-market purchase
|
100 |
$10.13 |
$1.0K |
P |
Open-market purchase
|
200 |
$10.15 |
$2.0K |
P |
Open-market purchase
|
100 |
$10.14 |
$1.0K |
P |
Open-market purchase
|
1,887 |
$10.13 |
$19.1K |
P |
Open-market purchase
|
100 |
$10.14 |
$1.0K |
P |
Open-market purchase
|
2,400 |
$10.16 |
$24.4K |
S |
Open-market sale
|
100 |
$10.21 |
$1.0K |
S |
Open-market sale
|
2,400 |
$10.20 |
$24.5K |
S |
Open-market sale
|
1,000 |
$10.15 |
$10.2K |
S |
Open-market sale
|
100 |
$10.15 |
$1.0K |
S |
Open-market sale
|
1,400 |
$10.11 |
$14.2K |
S |
Open-market sale
|
200 |
$10.15 |
$2.0K |
S |
Open-market sale
|
1,133 |
$10.22 |
$11.6K |
S |
Open-market sale
|
1,200 |
$10.19 |
$12.2K |
P |
Open-market purchase
|
605 |
$10.23 |
$6.2K |
S |
Open-market sale
|
605 |
$10.18 |
$6.2K |
P |
Open-market purchase
|
500 |
$10.24 |
$5.1K |
P |
Open-market purchase
|
100 |
$10.24 |
$1.0K |
P |
Open-market purchase
|
3,500 |
$10.24 |
$35.8K |
P |
Open-market purchase
|
2,460 |
$10.24 |
$25.2K |
P |
Open-market purchase
|
1,900 |
$10.24 |
$19.5K |
P |
Open-market purchase
|
37 |
$10.24 |
$378.88 |
P |
Open-market purchase
|
4,000 |
$10.24 |
$41.0K |
P |
Open-market purchase
|
1,000 |
$10.24 |
$10.2K |
P |
Open-market purchase
|
3 |
$10.24 |
$30.72 |
S |
Open-market sale
|
300 |
$10.07 |
$3.0K |
S |
Open-market sale
|
500 |
$10.06 |
$5.0K |
Filing: Form 4 (Insider Transaction)
Insider: BANK OF AMERICA CORP /DE/ (10% Owner)
Shares: 28,043
Est. Value: $286.0K
Form 4
Other reported transaction
Tax / Compensation Filing
2023-11-06
DMB insider Form 4 filed for equity award, exercise, or tax withholding
JPMorgan Chase Bank, N.A. (10% Owner) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The filing reports a transaction type that does not map to a routine purchase, sale, award or withholding.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
J |
Other transaction
|
750 |
— |
— |
J |
Other transaction
|
750 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: JPMorgan Chase Bank, N.A. (10% Owner)
Shares: 1,500
Form 4
Open-market purchase
Insider Buying
2023-06-05
DMB insider CARDONA JOHN C JR (Director) bought 7,100 shares (~$75.3K)
CARDONA JOHN C JR, listed as Director at BNY Mellon Municipal Bond Infrastructure Fund, Inc., reported an open-market purchase of 7,100 DMB shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
7,100 |
$10.61 |
$75.3K |
Filing: Form 4 (Insider Transaction)
Insider: CARDONA JOHN C JR (Director)
Shares: 7,100
Est. Value: $75.3K
Form 4
Open-market sale
Insider Selling
2023-04-25
DMB insider CARDONA JOHN C JR (Director) sold 5,880 shares (~$64.5K)
CARDONA JOHN C JR, listed as Director at BNY Mellon Municipal Bond Infrastructure Fund, Inc., reported an open-market sale of 5,880 DMB shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
5,880 |
$10.96 |
$64.5K |
Filing: Form 4 (Insider Transaction)
Insider: CARDONA JOHN C JR (Director)
Shares: 5,880
Est. Value: $64.5K
Form 4
Other reported transaction
Tax / Compensation Filing
2020-10-19
DMB insider Form 4 filed for equity award, exercise, or tax withholding
BANK OF AMERICA CORP /DE/ (10% Owner) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The filing reports a transaction type that does not map to a routine purchase, sale, award or withholding.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
J |
Other transaction
|
750 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: BANK OF AMERICA CORP /DE/ (10% Owner)
Shares: 750
Form 4
Open-market purchase
Insider Buying
2018-03-13
DMB insider CARDONA JOHN C JR (Director) bought 5,880 shares (~$76.0K)
CARDONA JOHN C JR, listed as Director at BNY Mellon Municipal Bond Infrastructure Fund, Inc., reported an open-market purchase of 5,880 DMB shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
4,000 |
$12.74 |
$50.9K |
P |
Open-market purchase
|
1,880 |
$13.32 |
$25.0K |
Filing: Form 4 (Insider Transaction)
Insider: CARDONA JOHN C JR (Director)
Shares: 5,880
Est. Value: $76.0K
Form 4
Mixed open-market activity
Mixed Insider Activity
2016-07-26
DMB insider BANK OF AMERICA CORP /DE/ (10% Owner) reported mixed Form 4 activity
BANK OF AMERICA CORP /DE/ (10% Owner) filed a Form 4 showing both purchase and sale activity. Review the SEC filing for the transaction-by-transaction details before drawing a directional conclusion.
The filing reports both purchases and sales on the open market. Read the transaction lines individually before drawing a directional conclusion.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
1,221 |
$14.08 |
$17.2K |
S |
Open-market sale
|
305 |
$14.18 |
$4.3K |
S |
Open-market sale
|
916 |
$14.14 |
$13.0K |
Filing: Form 4 (Insider Transaction)
Insider: BANK OF AMERICA CORP /DE/ (10% Owner)
Shares: 2,442
Est. Value: $34.5K
Form 4
Open-market purchase
Insider Buying
2013-11-01
DMB insider BANK OF AMERICA CORP /DE/ (10% Owner) bought 250 shares (~$25.00M)
BANK OF AMERICA CORP /DE/, listed as 10% Owner at BNY Mellon Municipal Bond Infrastructure Fund, Inc., reported an open-market purchase of 250 DMB shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
250 |
$100,000.00 |
$25.00M |
Filing: Form 4 (Insider Transaction)
Insider: BANK OF AMERICA CORP /DE/ (10% Owner)
Shares: 250
Est. Value: $25.00M
Form 4
Open-market purchase
Insider Buying
2013-08-06
DMB insider Todd Christine L (Insider) bought 2,250 shares (~$24.9K)
Todd Christine L, listed as Insider at BNY Mellon Municipal Bond Infrastructure Fund, Inc., reported an open-market purchase of 2,250 DMB shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
2,250 |
$11.08 |
$24.9K |
Filing: Form 4 (Insider Transaction)
Insider: Todd Christine L (Insider)
Shares: 2,250
Est. Value: $24.9K
Form 4
Open-market purchase
Insider Buying
2013-07-03
DMB insider Todd Christine L (Insider) bought 1,975 shares (~$24.6K)
Todd Christine L, listed as Insider at BNY Mellon Municipal Bond Infrastructure Fund, Inc., reported an open-market purchase of 1,975 DMB shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
1,975 |
$12.46 |
$24.6K |
Filing: Form 4 (Insider Transaction)
Insider: Todd Christine L (Insider)
Shares: 1,975
Est. Value: $24.6K