Michael J. Todaro - Jan 31, 2025 Form 4 Insider Report for M&T BANK CORP (MTB)

Role
Sr. Executive Vice President
Signature
By: Stephen T. Wilson, Esq. (Attorney-In-Fact)
Stock symbol
MTB
Transactions as of
Jan 31, 2025
Transactions value $
-$162,803
Form type
4
Date filed
2/4/2025, 06:45 PM
Previous filing
Nov 14, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTB Common Stock Award $0 +2.4K +86.01% $0.00 5.18K Jan 31, 2025 Direct F1, F2
transaction MTB Common Stock Tax liability -$163K -809 -15.61% $201.24 4.38K Jan 31, 2025 Direct 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
transaction MTB Option (right to buy) Award $0 +1.86K $0.00 1.86K Jan 31, 2025 Common Stock 1.86K $201.24 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Michael J. Todaro is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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, 2022, January 31, 2023 and 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 periods.
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 performance-based restricted stock units previously granted to the reporting person.
F4 The option vests ratably on the first, second and third anniversary of the grant date.
F5 The option was granted under the Equity Plan, and therefore the reporting person paid no price for the option.