MTB Form 144: Insider Notice to Sell 4,330 Common Shares via JonesTrading
Rhea-AI Filing Summary
M&T Bank Corp. (MTB) filed a Form 144 reporting a proposed sale of 4,330 shares of its common stock ($0.50 par) through JonesTrading on the NYSE with an aggregate market value of $834,824. The shares represent a small slice of the issuer's 156,269,291 outstanding shares and are scheduled for an approximate sale date of 08/14/2025.
The securities were acquired as compensation through vesting events on 01/29/2018 (1,549 shares), 01/30/2018 (1,679 shares) and 01/31/2018 (1,102 shares), with payment characterized as compensation. The filing indicates nothing to report for sales during the past three months and includes the signer’s representation that no undisclosed material adverse information is known.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small, routine insider sale tied to vested awards; unlikely to be material to MTB’s capitalization.
The Form 144 discloses a proposed disposition of 4,330 shares with an aggregate market value of $834,824, executed through JonesTrading and sourced from compensation/vesting in January 2018. Relative to the reported 156,269,291 shares outstanding, this position is immaterial on an absolute basis. The filing follows Rule 144 disclosure norms and reports no prior sales in the last three months, which supports routine compliance rather than signaling a significant change in insider stance.
TL;DR: Compliance-focused disclosure; the signer affirms no undisclosed material information and documents the vesting origin of the shares.
The notice documents that the shares were acquired via equity compensation and that the proposed sale will be executed under Rule 144 procedures. The explicit representation about absence of undisclosed material adverse information is standard and important for issuer governance. Given the small size of the sale versus outstanding equity, the filing appears procedural rather than indicative of material corporate developments.