4//SEC Filing
PEARSON KEVIN J 4
Accession 0001628280-24-045405
CIK 0000036270other
Filed
Nov 4, 7:00 PM ET
Accepted
Nov 5, 6:35 PM ET
Size
9.2 KB
Accession
0001628280-24-045405
Insider Transaction Report
Form 4
PEARSON KEVIN J
Executive Vice President
Transactions
- Sale
Common Stock
2024-11-01$195.88/sh−7,500$1,469,109→ 40,502 total
Holdings
- 3,368(indirect: By 401(k))
Common Stock
- 4,330(indirect: By 2020 GRAT)
Common Stock
- 3,621(indirect: Supplemental 401 (k) Plan)
Phantom Common Stock Units
→ Common Stock (3,621 underlying)
Footnotes (5)
- [F1]This transaction was executed in multiple trades at prices ranging from $195.78 to $196.05. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F2]Reflects 1,458 shares distributed from the 2020 GRAT to the reporting person in satisfaction of the 2020 GRAT's annuity obligation on October 30, 2024. See footnote (3) for information regarding the 2020 GRAT.
- [F3]The indicated shares are held by a Grantor Retained Annuity Trust ("2020 GRAT") of which the reporting person is trustee. The reporting person continues to report beneficial ownership of all of the M&T Bank Corporation common stock held by the 2020 GRAT but disclaims beneficial ownership except to the extent of his pecuniary interest therein.
- [F4]The information presented is as of September 30, 2024.
- [F5]The reported phantom common stock units are held by the reporting person in a plan account maintained by M&T Bank Corporation under the M&T Bank Corporation Leadership Retirement Savings Plan and represent a like number of shares of M&T Bank Corporation common stock. The phantom common stock units are payable in cash and distributed in accordance with the terms of the plan. The reported phantom common stock units also include units acquired through the dividend reinvestment feature of the plan.
Documents
Issuer
M&T BANK CORP
CIK 0000036270
Entity typeother
Related Parties
1- filerCIK 0001245781
Filing Metadata
- Form type
- 4
- Filed
- Nov 4, 7:00 PM ET
- Accepted
- Nov 5, 6:35 PM ET
- Size
- 9.2 KB