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M&T Bank (MTB) director Herbert Washington awarded 664 RSUs for board service

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

WASHINGTON HERBERT L reported acquisition or exercise transactions in this Form 4 filing.

M&T Bank Corporation director Herbert L. Washington reported a new equity award and updated his holdings. He received 664 restricted stock units of M&T Bank Corporation common stock as a grant for service on the Board of Directors. The award was made at no cash cost to him and increases his directly held common stock position to 18,299 shares after the grant.

Each restricted stock unit vests on the first anniversary of the grant and represents a contingent right to receive one share of common stock upon vesting. The filing also shows an indirect holding of 500 common shares held by his wife.

Positive

  • None.

Negative

  • None.
Insider WASHINGTON HERBERT L
Role null
Type Security Shares Price Value
Grant/Award Common Stock 664 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 18,299 shares (Direct, null); Common Stock — 500 shares (Indirect, By Wife)
Footnotes (1)
  1. [object Object]
RSUs granted 664 units Restricted stock units granted for Board service
Direct shares after grant 18,299 shares Common stock directly held after reported award
Indirect shares by wife 500 shares Common stock held indirectly through spouse
Grant price $0.0000 per share Reported price per share for RSU grant
restricted stock units financial
"The reporting person was granted an award of restricted stock units under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Equity Incentive Compensation Plan financial
"under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan, as amended and restated"
Board of Directors financial
"for service on the M&T Bank Corporation Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
contingent right to receive one share financial
"represents a contingent right to receive one share of M&T Bank Corporation common stock upon vesting"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
WASHINGTON HERBERT L

(Last)(First)(Middle)
ONE M&T PLAZA

(Street)
BUFFALO NEW YORK 14203

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
M&T BANK CORP [ MTB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/30/2026A(1)664A$018,299D
Common Stock500IBy Wife
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The reporting person was granted an award of restricted stock units under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan, as amended and restated, for service on the M&T Bank Corporation Board of Directors. Each restricted stock unit vests on the first anniversary of the grant and represents a contingent right to receive one share of M&T Bank Corporation common stock upon vesting.
Remarks:
By: Stephen T. Wilson (Attorney-In-Fact)05/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did M&T Bank (MTB) director Herbert Washington report?

Herbert L. Washington reported receiving 664 restricted stock units of M&T Bank common stock as a grant for Board service. The units were granted at no cash cost and increase his directly held position to 18,299 shares after the award.

How many M&T Bank (MTB) shares does Herbert Washington hold after this Form 4?

After the reported grant, Herbert L. Washington directly holds 18,299 shares of M&T Bank common stock. The filing also discloses an additional 500 common shares held indirectly through his wife, shown separately as an indirect ownership position.

What are the terms of Herbert Washington’s restricted stock units from M&T Bank (MTB)?

The 664 restricted stock units each represent a contingent right to receive one M&T Bank common share. According to the filing, every unit vests on the first anniversary of the grant date, at which time the shares become deliverable to the director.

Was there any purchase or sale of M&T Bank (MTB) stock in this Form 4?

The filing shows an acquisition through a grant of 664 restricted stock units rather than an open-market purchase. It also lists 500 shares held indirectly by his wife as a holding entry, without indicating an associated purchase or sale transaction in the reported data.

Why did M&T Bank (MTB) grant restricted stock units to Herbert Washington?

The restricted stock units were granted under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan for his service on the Board of Directors. Such equity-based awards are a standard form of director compensation, aligning board members’ interests with long-term shareholder value.