M&T Bank director awarded 664 restricted stock units
M&T Bank Corporation director Jane Chwick received a grant of 664 restricted stock units as compensation for board service.
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Rhea-AI Filing Summary
M&T Bank Corporation director Jane Chwick received a grant of 664 restricted stock units as compensation for board service. The award was made under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan. Each restricted stock unit vests on the first anniversary of the grant and converts into one share of common stock upon vesting. After this award, Chwick directly holds 6,994 shares of M&T Bank common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 664 | $0.00 | $0.00 |
Footnotes (1)
- F1. The reporting person was granted an award of restricted stock units under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan, as amended and restated, for service on the M&T Bank Corporation Board of Directors. Each restricted stock unit vests on the first anniversary of the grant and represents a contingent right to receive one share of M&T Bank Corporation common stock upon vesting.
Key Figures
Key Terms
restricted stock units financial
Equity Incentive Compensation Plan financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did M&T BANK CORP (MTB) report for Jane Chwick?
What are the terms of Jane Chwick’s restricted stock units from M&T BANK CORP (MTB)?
Under which plan were Jane Chwick’s M&T BANK CORP (MTB) restricted units granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.