Form 4: M&T Bank Corp Executive Bojdak Reports Gift Transfer and Holdings in Form 4 Filing

Robert J. Bojdak, a Senior Executive Vice President at M&T Bank Corp, reported a gift transfer of common stock and holdings in the company's 401(k) and supplemental retirement savings plans in a recent Form 4 filing.

Summary

• Robert J. Bojdak, a Senior Executive Vice President at M&T Bank Corp, filed a Form 4 with the SEC.
• The filing reports a gift transfer of 1,220 shares of common stock.
• The filing also details Mr. Bojdak's holdings in M&T Bank Corp's 401(k) Plan, consisting of 3,208 shares, and 1,623 phantom common stock units in the Supplemental 401(k) Plan as of March 31, 2024.
• The gift transfer occurred on May 30, 2024.
• Following the reported transaction, Mr. Bojdak directly owns 19,061 shares of M&T Bank Corp common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock ownership.
• The gift transfer does not directly impact employees, customers, suppliers, or creditors.

Key Dates