Form 4: M&T Bank Corp Director Godridge Acquires Shares Through Restricted Stock Units

Director Leslie V. Godridge acquired M&T Bank Corp shares through a restricted stock unit grant, while also disposing of shares.

Summary

• Leslie V. Godridge, a director of M&T Bank Corp, reported changes in beneficial ownership.
• On April 30, 2025, Godridge acquired 855 shares of common stock through a restricted stock unit (RSU) grant.
• Godridge also disposed of 4,457 shares.
• Following these transactions, Godridge directly owns 4,457 shares of M&T Bank Corp.
• The RSUs were granted under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan for board service.
• Each RSU vests on the first anniversary of the grant and represents the right to receive one share of M&T Bank Corporation common stock upon vesting.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document is a standard regulatory filing detailing stock transactions by a company director. The acquisition of shares is mildly positive, while the disposal is mildly negative, balancing each other out.

Positives

• The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future performance.

Negatives

• The disposal of 4,457 shares by the director could be interpreted negatively, although the reason for disposal is not specified.

Future Outlook

The restricted stock units vest on the first anniversary of the grant, indicating a future event where the director will receive shares.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates changes in the director's holdings of M&T Bank Corp stock.

Stakeholder Impact

• The transaction may have a minor impact on shareholders as it reflects insider activity, which can influence investor sentiment.

Key Dates

Keywords

M&T Bank Corp, Director, Leslie V. Godridge, Form 4, Beneficial Ownership, Restricted Stock Units, Equity Incentive Plan, MTB