M&T Corporation (NYSE: MTB) files Form 144 proposing sale of 63,000 shares
Rhea-AI Filing Summary
M&T Bank Corporation files a Form 144 reporting proposed sales of 63,000 shares of Common Stock. The filing lists the securities as Common Stock, $0.50 par value, records an original acquisition date of 06/10/2009 by in-kind contribution, and shows the trade venue as NYSE with a filing date of 06/15/2026.
Positive
- None.
Negative
- None.
Insights
Form 144 notifies the market of an intended sale by an affiliate under Rule 144.
Form 144 is a regulatory notice that an affiliate plans to sell 63,000 shares; it does not itself execute a sale. The filing records the acquisition method as an in-kind contribution on 06/10/2009.
Practical outcomes depend on whether the seller meets Rule 144 conditions at sale time; timing and execution details are not listed in the excerpt, so subsequent filings or broker reports would show completion.