Denis J. Salamone - Apr 28, 2023 Form 4 Insider Report for M&T BANK CORP (MTB)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MTB	Common Stock	Award	$0	+954	+2.21%	$0.00	44.2K	Apr 28, 2023	Direct	F1, F2
holding	MTB	Common Stock						7.92K	Apr 28, 2023	By IRA
holding	MTB	Common Stock						25K	Apr 28, 2023	By GRAT #2	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	The reporting person was granted an award of restricted stock units under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan 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.
F2	On March 17, 2023, the reporting person contributed 25,000 shares of M&T Bank Corporation common stock to the Denis J. Salamone 2023 Grantor Retained Annuity Trust ("GRAT #2"), of which the reporting person is the trustee, for the benefit of himself and his children.
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.