M&T Bank director granted 664 RSUs
SALAMONE DENIS J reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
SALAMONE DENIS J reported acquisition or exercise transactions in this Form 4 filing.
M&T Bank Corp director Denis J. Salamone reported an equity compensation grant and updated holdings. He received 664 shares of Common Stock at a price of $0.00 per share as a grant of restricted stock units 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 common stock upon vesting. Following the grant, he directly holds 45,189 shares and indirectly holds 7,917 shares through an IRA.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 664 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
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
IRA financial
FAQ
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What insider transaction did M&T Bank Corp (MTB) report for Denis J. Salamone?
When do Denis J. Salamone’s restricted stock units from M&T Bank Corp vest?
What plan governs Denis J. Salamone’s restricted stock unit award from M&T Bank Corp?
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