M&T Bank director granted 664 RSUs
M&T Bank Corporation director John P. Barnes received an equity award of 664 restricted stock units of common stock.
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Rhea-AI Filing Summary
M&T Bank Corporation director John P. Barnes received an equity award of 664 restricted stock units of common stock. The grant was made under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan for his service on the Board of Directors. Each restricted stock unit vests on the first anniversary of the grant and then converts into one share of M&T Bank Corporation common stock. Following this award, Barnes directly holds 15,806 shares of 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
M&T Bank Corporation 2019 Equity Incentive Compensation Plan financial
contingent right to receive financial
Board of Directors financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did M&T Bank (MTB) report for John P. Barnes?
What are the terms of the 664 restricted stock units granted at M&T Bank (MTB)?
Is the John P. Barnes Form 4 transaction an open-market purchase of MTB stock?
What plan governs the restricted stock unit grant to M&T Bank director John P. Barnes?
AI-generated analysis. How Rhea-AI works. Not financial advice.