Kevin J. Pearson - Nov 14, 2024 Form 4 Insider Report for M&T BANK CORP (MTB)

Role
Vice Chairman
Signature
By: Stephen T. Wilson, Esq. (Attorney-In-Fact)
Stock symbol
MTB
Transactions as of
Nov 14, 2024
Transactions value $
$0
Form type
4
Date filed
11/15/2024, 09:07 PM
Previous filing
Nov 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTB Common Stock Other $0 -4.33K -100% $0.00 0 Nov 14, 2024 By 2020 GRAT F1
transaction MTB Common Stock Other $0 +4.33K $0.00 4.33K Nov 14, 2024 By SLAT F1, F2
holding MTB Common Stock 40.5K Nov 14, 2024 Direct
holding MTB Common Stock 3.37K Nov 14, 2024 By 401(k) Plan F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding MTB Phantom Common Stock Units 3.62K Nov 14, 2024 Common Stock 3.62K Supplemental 401 (k) Plan F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the transfer of 4,330 shares from the Grantor Retained Annuity Trust ("2020 GRAT") to a Spousal Lifetime Access Trust ("SLAT") on November 14, 2024 pursuant to the termination of the 2020 GRAT. See footnote (2) for more information regarding the SLAT.
F2 The indicated shares are held in a SLAT for the benefit of the reporting person's spouse and descendants. The reporting person's spouse is a co-trustee of the trust.
F3 The information presented is as of September 30, 2024.
F4 The reported phantom common stock units are held by the reporting person in a plan account maintained by M&T Bank Corporation under the M&T Bank Corporation Leadership Retirement Savings Plan and represent a like number of shares of M&T Bank Corporation common stock. The phantom common stock units are payable in cash and distributed in accordance with the terms of the plan. The reported phantom common stock units also include units acquired through the dividend reinvestment feature of the plan.