Form 4: M&T Bank CEO Gifts Shares to Daughters
Insider Transaction Report
M&T Bank Chairman and CEO Rene F. Jones reported gifting 2,444 shares of common stock and indirect acquisitions by his daughters through custodial accounts.
Summary
- Rene F. Jones, Chairman of the Board and CEO of M&T Bank Corp (MTB), reported changes in beneficial ownership of common stock.
- On December 8, 2025, Jones directly disposed of 2,444 shares of common stock through a gift for no consideration.
- Concurrently, his two daughters each indirectly acquired 200 shares of common stock through custodial accounts, also as gifts for no consideration.
- Following these transactions, Jones directly beneficially owns 92,273.79 shares of common stock.
- His daughters each indirectly own 1,067.2095 shares, which includes fractional shares credited for the period between July 1, 2025, and September 30, 2025, through participation in the M&T Bank Corporation Dividend Reinvestment Plan.
- Jones also indirectly owns 6,030 shares through a 401(k) Plan, with this information presented as of September 30, 2025.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction (a gift of shares) which is generally neutral in sentiment and does not indicate positive or negative company performance.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This filing reports a routine insider transaction (a gift of shares) by the CEO of M&T Bank Corp. It does not provide information related to broader industry trends or competitive landscape.
Related Party Transactions
- The reported transactions involve gifts of common stock from Rene F. Jones to his two daughters, who are considered related parties.
Stakeholder Impact
- Shareholders: A minor shift in the direct and indirect beneficial ownership structure of the company's common stock by a key insider.
- Management: Reflects personal asset management and estate planning by Rene F. Jones, the Chairman and CEO.
Key Dates
| Date | Description |
|---|---|
| 2025-07-01 | Start of period for fractional share credit through Dividend Reinvestment Plan. |
| 2025-09-30 | End of period for fractional share credit through Dividend Reinvestment Plan; date as of which 401(k) Plan information is presented. |
| 2025-12-08 | Date of reported gift transactions for common stock. |
| 2025-12-10 | Signature date of the reporting person's attorney-in-fact. |
Keywords
M&T Bank, MTB, Rene F. Jones, Form 4, insider transaction, gift, common stock, beneficial ownership
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