Denis J. Salamone - 03 Sep 2024 Form 4 Insider Report for M&T BANK CORP (MTB)

Role
Director
Signature
By: Stephen T. Wilson, Esq. (Attorney-In-Fact)
Issuer symbol
MTB
Transactions as of
03 Sep 2024
Net transactions value
-$1,720,250
Form type
4
Filing time
05 Sep 2024, 17:10:39 UTC
Previous filing
02 May 2024
Next filing
27 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTB Common Stock Sale $1,720,250 -10,000 -18% $172.02 44,902 03 Sep 2024 Direct F1, F2
holding MTB Common Stock 7,917 03 Sep 2024 By IRA
holding MTB Common Stock 15,200 03 Sep 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.