Rene F. Jones - 14 Feb 2025 Form 4 Insider Report for M&T BANK CORP (MTB)

Signature
By: Thomas M. Gordon (Attorney-In-Fact)
Issuer symbol
MTB
Transactions as of
14 Feb 2025
Net transactions value
-$1,357,742
Form type
4
Filing time
19 Feb 2025, 17:06:34 UTC
Previous filing
04 Feb 2025
Next filing
30 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTB Common Stock Award $0 +13,354 +16% $0.000000 95,980 14 Feb 2025 Direct F1, F2
transaction MTB Common Stock Tax liability $1,357,742 -6,829 -7.1% $198.82 89,151 14 Feb 2025 Direct F3
holding MTB Common Stock 867 14 Feb 2025 By Daughter #1 F4
holding MTB Common Stock 867 14 Feb 2025 By Daughter #2 F4
holding MTB Common Stock 5,898 14 Feb 2025 By 401(k) Plan F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares issued pursuant to performance-vested stock units (including 1,306 shares issued for related dividend equivalent units) that were granted to the reporting person on January 31, 2022 under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan (the "Equity Plan") and were earned based on achievement against pre-established performance criteria for the three-year performance period ended December 31, 2024, as determined by the Company's Compensation and Human Capital Committee on February 14, 2025.
F2 The performance-vested restricted stock units were granted under the Equity Plan, and therefore the reporting person paid no price for the performance-vested restricted stock units.
F3 Shares withheld for taxes upon the settlement in shares of performance-vested stock units previously granted to the reporting person.
F4 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.
F5 The information presented is as of December 31, 2024.