M&T Bank director receives 664 RSUs award
M&T Bank Corporation director Leslie V. Godridge received an equity award rather than making an open‑market trade.
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Rhea-AI Filing Summary
M&T Bank Corporation director Leslie V. Godridge received an equity award rather than making an open‑market trade. On the grant date, the director was awarded 664 restricted stock units under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan for service on the Board of Directors.
Each restricted stock unit will vest on the first anniversary of the grant and then convert into one share of M&T Bank common stock. Following this grant, the director now holds 5,121 shares of common stock directly.
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
2019 Equity Incentive Compensation Plan financial
Board of Directors financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did M&T Bank (MTB) director Leslie V. Godridge report in this Form 4?
When do the newly granted M&T Bank (MTB) restricted stock units vest?
Under which plan were the M&T Bank (MTB) restricted stock units granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.