Sale of 887 M&T Bank (NYSE: MTB) shares planned under Rule 144
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
A shareholder of the issuer has filed a notice of proposed sale under Rule 144 for 887 shares of common stock, with an aggregate market value of $191,369.47. The planned sale is to be executed through Fidelity Brokerage Services LLC on the NYSE around January 28, 2026.
The shares were originally acquired directly from the issuer through multiple restricted stock vesting events between 2003 and 2018, each treated as compensation. By signing the notice, the selling holder represents that they are not aware of any material adverse, nonpublic information about the issuer’s current or prospective operations.
Positive
- None.
Negative
- None.
FAQ
What does the MTB Form 144 filing disclose about the planned sale?
The filing discloses a planned sale of 887 common shares with an aggregate market value of $191,369.47. The transaction is to be executed through Fidelity Brokerage Services LLC on the NYSE around January 28, 2026 under Rule 144.
What representations does the seller make in the MTB Rule 144 notice?
By signing the notice, the seller represents they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed. This representation supports compliance with securities laws on trading while in possession of inside information.
Does the MTB Rule 144 filing mention a Rule 10b5-1 trading plan?
The language notes that, if a written Rule 10b5-1 trading plan or trading instructions were adopted, signing the form also makes the non-insider-information representation as of the plan adoption or instruction date. The excerpt does not specify an actual plan date.