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