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

Signature
By: Thomas M. Gordon (Attorney-In-Fact)
Stock symbol
MTB
Transactions as of
Feb 14, 2025
Transactions value $
-$1,357,742
Form type
4
Date filed
2/19/2025, 05:06 PM
Previous filing
Feb 4, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTB Common Stock Award $0 +13.4K +16.16% $0.00 96K Feb 14, 2025 Direct F1, F2
transaction MTB Common Stock Tax liability -$1.36M -6.83K -7.12% $198.82 89.2K Feb 14, 2025 Direct F3
holding MTB Common Stock 867 Feb 14, 2025 By Daughter #1 F4
holding MTB Common Stock 867 Feb 14, 2025 By Daughter #2 F4
holding MTB Common Stock 5.9K Feb 14, 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.