Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MTB | Common Stock | Award | $0 | +40 | +0.22% | $0.00 | 18.2K | Jan 31, 2025 | Direct | F1, F2, F3 |
holding | MTB | Common Stock | 29.8K | Jan 31, 2025 | By Wife | ||||||
holding | MTB | Common Stock | 19.4K | Jan 31, 2025 | See footnote | F4 | |||||
holding | MTB | Common Stock | 31.3K | Jan 31, 2025 | By GRAT | F5 |
Id | Content |
---|---|
F1 | This transaction represents a stock award received by the reporting person pursuant to the M&T Bank Corporation 2019 Equity Incentive Compensation Plan (the "Equity Plan") for service on a regional Directors Advisory Council of M&T Bank. |
F2 | The stock award was granted under the Equity Plan, and therefore the reporting person paid no price for the award. |
F3 | Reflects 6,305 shares distributed from the GRAT to the reporting person on December 6. 2024 in satisfaction of the GRAT's annuity obligation. See footnote (5) for information regarding the GRAT. |
F4 | The indicated shares are held by the Sadler Family Foundation, a charitable trust in which the reporting person has no pecuniary interest. The reporting person is a trustee of the Sadler Family Foundation and holds voting and dispositive power over the shares held by it. |
F5 | On December 7, 2023, the reporting person transferred 37,600 shares of M&T Bank Corporation common stock from his direct holdings to a Grantor Retained Annuity Trust ("GRAT") of which the reporting person is the trustee. The reporting person continues to report the beneficial ownership of all of the M&T Bank Corporation common stock held by the GRAT but disclaims beneficial ownership except to the extent of his pecuniary interest therein. |