Form 4: M&T Bank Director Melinda R. Rich Receives Stock Grant

Director Melinda R. Rich acquired 664 restricted stock units as part of her compensation for service on the M&T Bank Corporation Board.

Summary

• Melinda R. Rich, a Director at M&T Bank Corporation, was granted 664 restricted stock units (RSUs) on April 30, 2026.
• The grant was issued under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan.
• Each RSU represents a contingent right to receive one share of common stock upon vesting.
• The units vest on the first anniversary of the grant date.
• Following this transaction, the reporting person's total beneficial ownership is 24,108.6277 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding director compensation, which carries a neutral sentiment.

Positives

• Director compensation via equity aligns the interests of board members with those of shareholders.

Negatives

• None identified.

Risks

• The value of the equity grant is subject to market fluctuations in M&T Bank Corporation common stock.

Future Outlook

The restricted stock units are scheduled to vest on April 30, 2027, one year from the grant date.

Industry Context

StockSavvy.ai notes that equity-based compensation for board members is a standard corporate governance practice in the banking sector to ensure long-term alignment with shareholder value.

Comparison to Industry Standards

• The use of restricted stock units for director compensation is consistent with standard practices among large-cap financial institutions like JPMorgan Chase, Citigroup, and Wells Fargo.

Stakeholder Impact

• Shareholders may view the equity grant as a standard alignment of director incentives with company performance.

Next Steps

• Vesting of the 664 restricted stock units on April 30, 2027.

Key Dates

Keywords

M&T Bank, MTB, Director, Insider Trading, Equity Incentive Plan, Restricted Stock Units