[144] M&T Bank Corp. SEC Filing
Rhea-AI Filing Summary
The filing notifies a proposed sale of 3,429 common shares through Fidelity Brokerage Services with an aggregate market value of $693,061.64. The filing lists 156,269,291 shares outstanding and an approximate sale date of 08/29/2025 on the NYSE. The securities reported were acquired by options granted on 01/31/2023 (2,377 shares) and 01/31/2024 (1,052 shares), with payment noted as cash on 08/29/2025. The filer certifies they are not aware of any undisclosed material adverse information about the issuer.
Positive
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Negative
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Insights
TL;DR Routine insider notice to sell 3,429 shares valued at $693k, sourced from previously granted options.
This Form 144 discloses a proposed sale via an established broker and indicates the shares were acquired through option grants in 2023 and 2024 and will be paid in cash on the stated sale date. The aggregate value relative to the total outstanding shares is small, suggesting limited direct impact on share supply. The filing includes the standard attestation that no undisclosed material adverse information is known by the seller.
TL;DR Compliance-focused disclosure showing adherence to Rule 144 procedures; no governance red flags in this notice.
The notice follows Rule 144 format and provides acquisition details for the securities being sold, including grant dates and cash payment. There is no report of other sales in the prior three months. The signature attestation is included, which is standard practice to confirm absence of undisclosed material information. Based on the content provided, this is a routine insider sale filing.