Form 4: M&T Bank Corp Executive Christopher E. Kay Reports Sale of Common Stock
SEC Form 4 Filing
Christopher E. Kay, a Senior Executive Vice President at M&T Bank Corp, reported selling 1,738 shares of common stock at an average price of $172.3403 on March 12, 2025.
Summary
- On March 12, 2025, Christopher E. Kay, a Senior Executive Vice President of M&T Bank Corp, sold 1,738 shares of common stock.
- The sale was executed at a weighted average price of $172.3403 per share, with individual trades ranging from $172.232 to $172.37.
- Following the transaction, Kay directly owns 10,751 shares of M&T Bank Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, reporting a transaction. It doesn't inherently convey positive or negative sentiment. The sentiment is neutral.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects. However, without additional context, it's difficult to determine the specific reasons behind this sale.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but it's a relatively small transaction and unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 03/12/2025 | Date of transaction: Christopher E. Kay sold 1,738 shares of M&T Bank Corp common stock. |
| 03/14/2025 | Date of signature: Stephen T. Wilson (Attorney-In-Fact) signed the Form 4 on behalf of Christopher E. Kay. |
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