Form 4: M&T Bank Corp Executive Vice President Doris P. Meister Reports Stock Sale

Doris P. Meister, a Senior Executive Vice President at M&T Bank Corp, reported the sale of 3,961 shares of common stock at a price of $143.605 per share on March 11, 2024.

Summary

• On March 11, 2024, Doris P. Meister, a Senior Executive Vice President at M&T Bank Corp, sold 3,961 shares of common stock.
• The sale price was $143.605 per share.
• Following the transaction, Meister directly owns 5,000 shares of M&T Bank Corp common stock.
• Meister also indirectly owns 1,175 shares through a 401(k) plan and 911 phantom common stock units through a supplemental 401(k) plan as of February 14, 2024.
• These phantom common stock units are payable in cash and distributed according to the terms of the M&T Bank Corporation Leadership Retirement Savings Plan, including units acquired through dividend reinvestment.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock trading activity by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common among corporate executives. It provides transparency to investors regarding the buying and selling of company stock by its leadership.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, depending on the volume and perception of the sale.
• The sale does not appear to have any direct impact on employees, customers, suppliers, or creditors.

Key Dates