MTB Form 144 filing lists 10,000-share NYSE resale via Fidelity
Rhea-AI Filing Summary
M&T Bank Corporation (MTB): Form 144 notice of proposed sale. A holder filed to sell 10,000 shares of common stock through Fidelity Brokerage Services LLC, to be executed on the NYSE. The filing lists an aggregate market value of $1,838,600 for the proposed sale and notes 165,960,333 shares outstanding. The approximate sale date disclosed is 11/05/2025.
The filing indicates the securities to be sold were originally acquired on 06/19/1991 via a gift, with 32,831 shares shown as acquired on that date. Form 144 is a notice related to potential resales of restricted or control securities under Rule 144 and does not itself constitute a registration of these shares.
Positive
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Negative
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Insights
Routine Form 144 for proposed 10,000-share resale; neutral impact.
This Form 144 lists a proposed sale of 10,000 MTB common shares on the NYSE via Fidelity, with an aggregate market value of $1,838,600. It serves as a notice under Rule 144 for potential resale of restricted or control securities and is administrative in nature.
The document also shows the shares were originally received by gift on 06/19/1991, with 32,831 shares acquired on that date. Actual execution, timing, and amount sold may vary within Rule 144 limits.
Because this is a notice rather than a financing by the issuer, it typically does not change the company’s capital needs or strategy. Subsequent filings may provide updates on execution, if any.