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M&T Bank (NYSE: MTB) pension plan to sell 150,000 common shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

M&T Bank Corporation Pension Plan has filed a notice of proposed sale of 150,000 shares of M&T Bank common stock, $0.50 par value. The shares have an stated aggregate market value of 34,218,000 and are expected to be sold on or about 02/05/2026 on the NYSE.

The 150,000 shares were originally acquired on 06/10/2009 through an in-kind contribution from M&T Bank Corporation. As context, the filing notes that 153,690,781 shares of common stock were outstanding and that the pension plan sold 101,461 shares on 02/02/2026 for gross proceeds of 22,005,876.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does M&T Bank (MTB) disclose in this Form 144 filing?

The filing discloses that M&T Bank Corporation Pension Plan plans to sell 150,000 shares of M&T Bank common stock. The shares have an aggregate market value of 34,218,000 and are expected to be sold on or about 02/05/2026 on the NYSE.

How many M&T Bank (MTB) shares is the pension plan proposing to sell?

The pension plan is proposing to sell 150,000 shares of M&T Bank common stock. The filing lists an aggregate market value of 34,218,000 for this block, with an approximate sale date of 02/05/2026 and the New York Stock Exchange named as the trading venue.

Who is the selling holder in the M&T Bank (MTB) Form 144 filing?

The selling holder identified is the M&T Bank Corporation Pension Plan. The plan is acting with respect to M&T Bank common stock, including a proposed sale of 150,000 shares and a prior sale of 101,461 shares on 02/02/2026 as disclosed in the document.

When and how did the M&T Bank (MTB) pension plan acquire the shares being sold?

The 150,000 shares proposed for sale were acquired on 06/10/2009 via an in-kind contribution from M&T Bank Corporation. The filing classifies the transaction as an in-kind contribution, with the date of payment matching the acquisition date and the nature of payment listed as N/A.

What past three-month sales does the M&T Bank (MTB) Form 144 report?

The document reports that M&T Bank Corporation Pension Plan sold 101,461 shares of common stock on 02/02/2026. These shares generated 22,005,876 in gross proceeds, and this sale is disclosed as part of the required three-month sales history for the seller.

How many M&T Bank (MTB) shares were outstanding as referenced in the filing?

The filing states that there were 153,690,781 shares of M&T Bank common stock outstanding. This figure provides context for the planned sale of 150,000 shares by the pension plan, but it is a baseline outstanding share count rather than an amount involved in the proposed transaction.