SALAMONE DENIS J 4
4 · M&T BANK CORP · Filed May 4, 2026
Research Summary
AI-generated summary of this filing
M&T Bank (MTB) Director Denis Salamone Receives RSU Award
What Happened Denis J. Salamone, a director of M&T Bank Corporation (MTB), was granted 664 restricted stock units (RSUs) on April 30, 2026. The filing reports the RSUs at $0.00 because they are awards (not purchases) and represent a contingent right to receive one share of M&T common stock per unit upon vesting. The award vests on the first anniversary of the grant.
Key Details
- Transaction date: 2026-04-30; reported on Form 4 filed 2026-05-04 (filing appears within the typical two-business-day window).
- Transaction type/code: A — Grant/Award (restricted stock units).
- Amount: 664 RSUs; reported price $0.00 (no cash purchase).
- Shares owned after transaction: not specified in the summary provided; see the full Form 4 for post-transaction holdings.
- Footnote: Each RSU vests on the first anniversary and converts to one share of M&T common stock upon vesting (see footnote F1).
- No 10b5-1 plan, tax-withholding, or cashless sale noted in this summary.
Context RSU grants to directors are a common form of compensation for board service and do not represent an open-market purchase or sale. Because these units vest in the future, they do not immediately change outstanding share counts until converted to shares at vesting and do not necessarily signal insider sentiment about near-term stock performance. For full details on holdings and any conditions, review the complete Form 4 filing.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-30+664→ 45,189 total
- 7,917(indirect: By IRA)
Common Stock
Footnotes (1)
- [F1]The reporting person was granted an award of restricted stock units under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan, as amended and restated, for service on the M&T Bank Corporation Board of Directors. Each restricted stock unit vests on the first anniversary of the grant and represents a contingent right to receive one share of M&T Bank Corporation common stock upon vesting.