Chwick Jane 4

What Happened Jane Chwick, a member of the M&T Bank Corporation board of directors, was granted an award of 664 restricted stock units (RSUs) on April 30, 2026. The Form 4 reports the acquisition at $0.00 (no cash paid) — the award is a grant rather than an open‑market purchase or sale. The filing shows a reported value of $0 at grant because the RSUs convert to common stock only upon vesting.

Key Details

• Transaction date: 2026-04-30; Form 4 filed 2026-05-04 (check timing—Form 4s are generally due within two business days of the transaction).
• Award: 664 restricted stock units (RSUs) reported as acquired at $0.00.
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: The RSUs vest on the first anniversary of the grant and each unit represents a contingent right to receive one share of M&T Bank common stock upon vesting (per the 2019 Equity Incentive Compensation Plan).
• Transaction code: A (award/grant).

Context RSUs are compensation grants, not immediate purchases or sales of stock. They provide a contingent right to receive shares at vesting (here, one year), so they do not necessarily signal immediate insider buying or selling. When the RSUs vest and convert to shares, that future issuance may result in taxable income for the recipient and could be followed by sales or withholding actions at that time.