Form 4: M&T Bank Corp Director, Geisel Gary N, Acquires Shares Through Restricted Stock Units
SEC Form 4 Filing
Gary N. Geisel, Vice Chairman and Director of M&T Bank Corp, reports acquisition of 884 shares of common stock through a restricted stock unit grant.
Summary
- Gary N. Geisel, a Director and Vice Chairman of M&T Bank Corp, filed a Form 4 on May 2, 2025.
- The filing reports a transaction that occurred on April 30, 2025, where Geisel acquired 884 shares of M&T Bank Corp common stock.
- These shares were acquired through a grant of restricted stock units under the company's 2019 Equity Incentive Compensation Plan.
- Each restricted stock unit represents a contingent right to receive one share of M&T Bank Corporation common stock upon vesting, which occurs on the first anniversary of the grant.
- Following the reported transaction, Geisel beneficially owns 17,333 shares of M&T Bank Corp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing related to stock grants, indicating standard compensation practices.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Future Outlook
The restricted stock units vest on the first anniversary of the grant, indicating a future event where Geisel will receive the shares.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The acquisition of shares by a director can positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/30/2025 | Date of transaction: Gary N. Geisel acquired 884 shares of M&T Bank Corp common stock through restricted stock units. |
| 05/02/2025 | Date of Form 4 filing. |
Keywords
Form 4, M&T Bank Corp, Director, Geisel, Restricted Stock Units, Beneficial Ownership, Equity Incentive Plan
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