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Get filing alertsBank of America shareholders re-elect all directors, approve executive pay at 2026 annual meeting
Filed May 6, 2026 · Period ending May 4, 2026 · ~1 min read
Key Changes
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All twelve director nominees re-elected to the board, maintaining current leadership composition including CEO Brian Moynihan.
Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR → -
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Executive compensation approved with 95% support (5.1 billion votes for vs. 250 million against), signaling shareholder satisfaction with pay practices.
Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR → -
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PricewaterhouseCoopers ratified as 2026 auditor with 93% approval, continuing the existing audit relationship.
Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR → -
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Shareholders rejected proposal for independent board chair (33% support) and animal welfare oversight report (6% support).
Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →
Summary
Bank of America held its routine 2026 annual shareholder meeting on May 4, with voting results showing strong support for management. All twelve directors were re-elected, executive compensation received overwhelming approval at 95%, and the existing auditor relationship was ratified. Two shareholder proposals seeking governance changes—one for an independent board chair and another for animal welfare risk reporting—were decisively rejected.For retail investors, this filing signals business as usual with no governance surprises or contested votes. The strong Say on Pay approval suggests shareholders are satisfied with how executives are compensated relative to the bank's performance. The rejection of the independent chair proposal indicates continued confidence in the current board structure where CEO Moynihan also serves as chairman.
Watch for the proxy statement details on actual executive pay amounts when filed, and monitor whether governance activists renew their independent chair campaign at next year's meeting given the 33% support level.
Section-by-Section Diff
Event · Item 5.07 — Submission of Matters to a Vote of Security Holders
~500 wordsBank of America held its 2026 Annual Meeting on May 4, 2026, with shareholders electing all directors and approving executive compensation.
Show 5 minor / wording changes
Added in current filing · verify on EDGAR →
On May 4, 2026, Bank of America Corporation (the “Corporation”) held its 2026 Annual Meeting of Shareholders.
Bank of America held its annual shareholder meeting on May 4, 2026. Shareholders voted on director elections, executive compensation, auditor ratification, and two shareholder proposals.
Added in current filing · verify on EDGAR →
The Corporation’s shareholders: elected all of the nominees for director
All twelve director nominees were elected to the board: Sharon L. Allen, José E. Almeida, Arnold W. Donald, Monica C. Lozano, Maria N. Martinez, Brian T. Moynihan, Lionel L. Nowell III, Denise L. Ramos, Clayton S. Rose, Michael D. White, Thomas D. Woods, and Maria T. Zuber. This represents continuity in board composition.
Added in current filing · verify on EDGAR →
approved the advisory vote on executive compensation
Shareholders approved the advisory Say on Pay resolution with 5,057,118,573 votes for and 249,905,462 against, representing strong support for the Corporation's executive compensation practices.
Added in current filing · verify on EDGAR →
ratified the appointment of PricewaterhouseCoopers LLP as the Corporation’s independent registered public accounting firm for 2026
Shareholders ratified PricewaterhouseCoopers LLP as the independent auditor for 2026 with 5,683,414,422 votes for and 413,489,451 against, indicating continued confidence in the auditor relationship.
Added in current filing · verify on EDGAR →
The Corporation’s shareholders did not approve the shareholder proposals listed below.
Two shareholder proposals were rejected: one requesting an independent board chair (1,718,928,496 for vs. 3,561,557,167 against) and one requesting a report on board oversight of animal welfare risks (341,464,001 for vs. 4,941,586,372 against). Both proposals failed to gain majority support.
Generated by AI · May 25, 2026 8:13 PM