Rene F. Jones - Jan 29, 2024 Form 4 Insider Report for M&T BANK CORP (MTB)

Signature
By: Stephen T. Wilson, Esq. (Attorney-In-Fact)
Stock symbol
MTB
Transactions as of
Jan 29, 2024
Transactions value $
-$205,860
Form type
4
Date filed
1/31/2024, 04:28 PM
Previous filing
Dec 18, 2023
Next filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTB Common Stock Award $0 +4.28K +5.19% $0.00 86.7K Jan 29, 2024 Direct F1, F2
transaction MTB Common Stock Tax liability -$206K -1.44K -1.66% $142.76 85.2K Jan 29, 2024 Direct F3
holding MTB Common Stock 680 Jan 29, 2024 By Daughter F4, F5
holding MTB Common Stock 680 Jan 29, 2024 By Daughter F4, F5
holding MTB Common Stock 5.71K Jan 29, 2024 By 401(k) Plan F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares issued pursuant to vesting of performance-based restricted stock units, which were granted to the reporting person on January 29, 2021, under the 2019 M&T Bank Corporation Equity Incentive Compensation Plan (the "Plan") and vested upon achievement of performance goals for the applicable performance period.
F2 The performance-based restricted stock units were granted under the Plan, and therefore the reporting person paid no price for the performance-based restricted stock units.
F3 Shares withheld for taxes upon the settlement in shares of performance-based restricted stock units previously granted to the reporting person.
F4 Includes fractional shares credited for the period between October 1, 2023 and December 31, 2023 through participation in the M&T Bank Corporation Dividend Reinvestment Plan.
F5 These shares are owned by the daughter of the reporting person through a custodial account under the Uniform Gifts to Minors Act for which the reporting person is custodian.
F6 The information presented is as of December 31, 2023.