Denis J. Salamone - Sep 3, 2024 Form 4 Insider Report for M&T BANK CORP (MTB)

Role
Director
Signature
By: Stephen T. Wilson, Esq. (Attorney-In-Fact)
Stock symbol
MTB
Transactions as of
Sep 3, 2024
Transactions value $
-$1,720,250
Form type
4
Date filed
9/5/2024, 05:10 PM
Previous filing
May 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTB Common Stock Sale -$1.72M -10K -18.21% $172.03 44.9K Sep 3, 2024 Direct F1, F2
holding MTB Common Stock 7.92K Sep 3, 2024 By IRA
holding MTB Common Stock 15.2K Sep 3, 2024 By GRAT #2 F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $172.00 to $172.05. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 Reflects 9,800 shares distributed from GRAT #2 to the reporting person in satisfaction of GRAT #2's annuity obligation in 2024. See foornote (3) and prior filings for the reporting person for information regarding GRAT #2.
F3 The indicated shares are held by GRAT #2. The reporting person continues to report beneficial ownership of all of the M&T Bank Corporation common stock held by the GRAT #2 but disclaims beneficial ownership except to the extent of his pecuniary interest therein.