M&T Bank Corp Officer Kevin J. Pearson Files Form 144 to Sell $441.5K in Common Stock

M&T Bank Corp ($MTB) Form 144 Analysis

Executive Summary

On October 16, 2026, Kevin J. Pearson, an Officer of M&T Bank Corp, filed Form 144 disclosing a proposed sale of 2,000 shares of common stock through Fidelity Brokerage Services LLC. The estimated aggregate market value of the proposed transaction is $441,500.00, representing an implied share price of approximately $220.75.

Transaction Details

• Securities to be Sold: 2,000 shares of Common Stock.
• Origin of Shares: Acquired through restricted stock vesting events (1,444 shares on January 29, 2017, and 556 shares on January 31, 2019) as executive compensation.
• Trading Plan: Executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on March 5, 2026.
• Prior 3-Month Sales: None reported.

Market Impact & Significance

• Volume Relative to Float: The proposed sale of 2,000 shares represents a negligible fraction (<0.002%) of M&T Bank's 144,416,262 outstanding shares.
• Governance Context: Because the proposed disposition is being conducted under a Rule 10b5-1 trading plan established months in advance, it reflects routine portfolio diversification rather than an opportunistic signal.
• Significance Level: Low.