Form 4: M&T Bank Corp Vice Chairman Gary N Geisel Reports Stock Transactions
SEC Form 4 Filing
Gary N Geisel, Vice Chairman of M&T Bank Corp, reported gifting 500 shares and selling 500 shares of common stock.
Summary
- Gary N Geisel, Vice Chairman of M&T Bank Corp, filed a Form 4 detailing changes in beneficial ownership.
- On July 23, 2024, Geisel gifted 500 shares of common stock.
- On July 24, 2024, Geisel sold 500 shares of common stock at a weighted average price of $172.4985.
- Following these transactions, Geisel directly owns 16,429 shares and indirectly owns 2,490 shares through an IRA.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in the financial industry.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 07/23/2024 | Reporting person gifted 500 shares of common stock |
| 07/24/2024 | Reporting person sold 500 shares of common stock at a weighted average price of $172.4985 |
| 07/25/2024 | Date of signature for the Form 4 filing |
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