Form 4: M&T Bank Corp Executive John R. Taylor Reports Stock Sale

John R. Taylor, EVP and Controller of M&T Bank Corp, reported the sale of 1,436 shares of common stock at a price of $195.026 per share on October 28, 2024.

Summary

• On October 28, 2024, John R. Taylor, an Executive Vice President and Controller at M&T Bank Corp, sold 1,436 shares of the company's common stock.
• The sale price was $195.026 per share.
• Following the transaction, Taylor directly owns 5,618.392 shares of M&T Bank Corp common stock.
• Taylor also indirectly owns 1,009.728 shares through a spouse and 1,064 shares through a 401(k) plan as of September 30, 2024.

Sentiment

Score: 5

Explanation: This is a neutral report of an insider stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock. The sale itself doesn't necessarily indicate a negative outlook, as executives may sell shares for various personal financial reasons.

Stakeholder Impact

• The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction.

Key Dates