GODRIDGE LESLIE V 4

What Happened

• Leslie V. Godridge, a director of M&T Bank Corporation (MTB), received an award of 664 restricted stock units (RSUs) on April 30, 2026. The Form 4 reports an acquisition price of $0.00 (grant of units), so no cash was paid.
• These RSUs are a grant of contingent rights to receive common stock upon vesting rather than an immediate purchase of shares. This is a routine director equity award, not a market purchase or sale.

Key Details

• Transaction date: 2026-04-30; Form 4 filed: 2026-05-04 (filed within the normal 2-business-day reporting window).
• Grant: 664 restricted stock units; reported price: $0.00 (award/grant code A).
• Shares owned after transaction: not specified in the provided filing summary.
• Footnote: RSUs were granted under the M&T Bank 2019 Equity Incentive Compensation Plan. Each unit vests on the first anniversary of the grant and converts to one share of common stock upon vesting.
• No indication of a 10b5-1 plan, tax-withholding sell, or option exercise in this filing.

Context

• RSU grants to directors are typically compensation for board service and do not reflect an immediate buy or sell signal. Value materializes only if and when the units vest and convert to shares.
• Because these are awards (not purchases or sales), they are generally viewed as routine compensation rather than a direct indicator of the insider’s near-term market sentiment.