Form 4: M&T Bank Corp Executive Christopher E. Kay Sells Shares
SEC Form 4
Christopher E. Kay, a Senior Executive Vice President at M&T Bank Corp, sold 1,821 shares of common stock at an average price of $153.7806 on May 10, 2024.
Summary
- On May 10, 2024, Christopher E. Kay, a Senior Executive Vice President at M&T Bank Corp, sold 1,821 shares of the company's common stock.
- The sale was executed at a weighted average price of $153.7806 per share, with individual trades occurring between $153.775 and $153.785.
- Following the transaction, Kay directly owns 8,579 shares of M&T Bank Corp common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing regarding a stock sale. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of a transaction by a company insider. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of stock sale transaction |
| 05/13/2024 | Date of signature by Attorney-In-Fact |
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