M&T Bank director granted 664-share equity award
M&T Bank Corporation director Rudina Seseri reported receiving a grant of 664 shares of common stock, shown in the filing as a grant/award acquisition at $0.00 per share.
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Rhea-AI Filing Summary
M&T Bank Corporation director Rudina Seseri reported receiving a grant of 664 shares of common stock, shown in the filing as a grant/award acquisition at $0.00 per share. Following this award, she directly holds 4,190 common shares.
According to the footnote, the award consists of restricted stock units granted under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan for service on the 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 common stock upon vesting.
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
vests financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did M&T Bank (MTB) director Rudina Seseri report?
What type of equity award did Rudina Seseri receive from M&T Bank (MTB)?
What are the vesting terms of Rudina Seseri’s restricted stock units at M&T Bank (MTB)?
Was Rudina Seseri’s M&T Bank (MTB) Form 4 transaction a market buy or compensation grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.