Restricted stock grant boosts M&T Bank (MTB) director holdings
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.
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Insider Trade Summary
Net Buyer: 664 shares
Net Buy
1 txn
Insider
Chwick Jane
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 664 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 6,994 shares (Direct)
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
RSUs granted: 664 units
Grant price: $0.00 per share
Shares held after award: 6,994 shares
3 metrics
RSUs granted
664 units
Restricted stock unit award to director on April 30, 2026
Grant price
$0.00 per share
Compensation grant, not an open-market purchase
Shares held after award
6,994 shares
Total direct M&T Bank common stock held by Jane Chwick following transaction
Key Terms
restricted stock units, Equity Incentive Compensation Plan, contingent right
3 terms
restricted stock units financial
"The reporting person was granted an award of restricted stock units under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Equity Incentive Compensation Plan financial
"under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan, as amended and restated"
An equity incentive compensation plan is a company program that pays employees, managers or directors with shares or rights to buy shares so their financial rewards rise with the company’s value—like giving team members a stake in the house they’re helping maintain. Investors care because these plans change how many shares exist (dilution), create ongoing expense and influence management’s motivation, all of which can affect future earnings and stock price.
contingent right financial
"represents a contingent right to receive one share of M&T Bank Corporation common stock upon vesting"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did M&T BANK CORP (MTB) report for Jane Chwick?
M&T Bank Corporation reported that director Jane Chwick received a grant of 664 restricted stock units. The award is compensation for her service on the board and was issued at no cash cost per unit under the company’s 2019 Equity Incentive Compensation Plan.
What are the terms of Jane Chwick’s restricted stock units from M&T BANK CORP (MTB)?
Each restricted stock unit granted to Jane Chwick vests on the first anniversary of the grant date. Upon vesting, each unit represents a contingent right to receive one share of M&T Bank Corporation common stock, providing equity-based compensation tied directly to the company’s share performance.
Under which plan were Jane Chwick’s M&T BANK CORP (MTB) restricted units granted?
The restricted stock units were granted under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan, as amended and restated. This plan provides equity-based awards, such as restricted stock units, to directors and other eligible participants as part of their overall compensation structure.