M&T Bank Corp CEO & Director Files Form 144 Intention to Sell $4.64M in Common Stock

Executive Summary

On September 14, 2026, Rene F. Jones, Officer and Director (Chairman and CEO) of M&T Bank Corp (NYSE: MTB), filed a Form 144 proposing the sale of 19,396 shares of Common Stock with an aggregate market value of approximately $4,642,432.60 (~$239.35 per share).

Transaction & Filing Highlights

• Insider: Rene F. Jones (Officer, Director)
• Shares Proposed for Sale: 19,396 shares
• Approximate Market Value: $4,642,432.60
• Broker: Fidelity Brokerage Services LLC
• Trading Plan: Executed pursuant to a Rule 10b5-1 trading plan adopted on June 12, 2026.
• Origin of Securities:
  • 7,304 shares acquired via Restricted Stock Vesting on 01/31/2025
  • 6,525 shares acquired via Restricted Stock Vesting on 02/14/2025
  • 4,468 shares acquired via Stock Option Exercise on 07/01/2025
  • 1,099 shares acquired via Stock Option Exercise on 07/03/2025

Impact Analysis

The planned disposition of 19,396 shares represents a negligible fraction (~0.013%) of M&T Bank Corp's 144,416,262 outstanding shares. Because the proposed sales are pre-scheduled under a Rule 10b5-1 plan adopted in June 2026 and stem from vested equity compensation and option exercises, this filing is considered routine portfolio diversification with medium significance due to the insider's leadership role.