M&T Bank vice chairman Pearson sells 2,000 shares
The vice chairman's sale was automatic under a Rule 10b5-1 plan adopted March 5, 2026; he reported 42,107 directly held shares afterward.
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Rhea-AI Filing Summary
M&T Bank Corp. Vice Chairman Kevin J. Pearson sold 2,000 common shares on October 16, 2026, at $220.75 per share. The sale occurred automatically under a Rule 10b5-1 trading plan adopted March 5, 2026, and he reported 42,107 directly held shares after the transaction. As of September 30, 2026, the filing also lists 3,565 common shares held by a 401(k) plan and 3,833 phantom common stock units in a plan account. The units represent a like number of common shares and are payable in cash under the plan.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 2,000 | $220.75 | $442K |
| holding | Phantom Common Stock Units F3, F2 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
Footnotes (3)
- F1. The reported transaction occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2026.
- F2. The information presented is as of September 30, 2026.
- F3. The reported phantom common stock units are held by the reporting person in a plan account maintained by M&T Bank Corporation under the M&T Bank Corporation Leadership Retirement Savings Plan and represent a like number of shares of M&T Bank Corporation common stock. The phantom common stock units are payable in cash and distributed in accordance with the terms of the plan. The reported phantom common stock units also include units acquired through the dividend reinvestment feature of the plan.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
Phantom Common Stock Units financial
dividend reinvestment feature financial
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