Form 4: M&T Bank Executive's Routine Tax-Related Stock Transaction

M&T Bank Sr. Executive Vice President Neeraj Singh reported a tax-related disposition of 328 shares of common stock at $190.22 per share.

Summary

• Neeraj Singh, Sr. Executive Vice President of M&T Bank Corp (MTB), reported a transaction involving the company's common stock.
• On November 28, 2025, 328 shares of common stock were disposed of at a price of $190.22 per share.
• This disposition was due to shares being withheld for taxes upon the settlement of previously granted restricted stock units.
• Following this transaction, Neeraj Singh beneficially owns 2,400 shares of M&T Bank common stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary tax-related transaction, which has a neutral impact on the company's sentiment.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing details a routine insider transaction, specifically the withholding of shares to cover tax obligations upon the vesting of restricted stock units. Such transactions are common for executives receiving equity compensation and are a standard part of compensation plans across the financial services industry.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in management's discretionary investment decisions.
• Employees: No direct impact on the broader employee base, as this relates to executive compensation.

Key Dates

Keywords

M&T Bank, MTB, Neeraj Singh, Form 4, Insider Transaction, Restricted Stock Units, Tax Withholding, Executive Compensation