John R. Taylor - 31 Jan 2025 Form 4 Insider Report for M&T BANK CORP (MTB)

Signature
By: Stephen T. Wilson, Esq. (Attorney-In-Fact)
Issuer symbol
MTB
Transactions as of
31 Jan 2025
Net transactions value
-$32,400
Form type
4
Filing time
04 Feb 2025, 18:43:06 UTC
Previous filing
30 Oct 2024
Next filing
19 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTB Common Stock Award $0 +211 +3.8% $0.000000 5,829 31 Jan 2025 Direct F1, F2
transaction MTB Common Stock Tax liability $32,400 -161 -2.8% $201.24 5,668 31 Jan 2025 Direct F3
holding MTB Common Stock 1,010 31 Jan 2025 By Spouse
holding MTB Common Stock 1,071 31 Jan 2025 By 401(k) Plan F4

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
transaction MTB Option (right to buy) Award $0 +233 $0.000000 233 31 Jan 2025 Common Stock 233 $201.24 Direct F5, 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 31, 2024, under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan (the "Equity Plan") and vested upon achievement of performance goals for the applicable performance period.
F2 The performance-based restricted stock units were granted under the Equity 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 restricted stock units and performance-based restricted stock units previously granted to the reporting person.
F4 The information presented is as of December 31, 2024.
F5 The option vests ratably on the first, second and third anniversary of the grant date.
F6 The option was granted under the Equity Plan, and therefore the reporting person paid no price for the option.