Robert E. Sadler Jr - Jan 31, 2025 Form 4 Insider Report for M&T BANK CORP (MTB)

Role
Director
Signature
By: Stephen T. Wilson, Esq. (Attorney-In-Fact)
Stock symbol
MTB
Transactions as of
Jan 31, 2025
Transactions value $
$0
Form type
4
Date filed
2/4/2025, 07:00 PM
Previous filing
Nov 21, 2024

Transactions Table

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
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.