M&T Bank EVP sells 8,237 shares after option exercise

M&T Bank Corporation Sr.

Rhea-AI Filing Summary

M&T Bank Corporation Sr. Executive Vice President Michael A. Wisler reported option exercises and a share sale. On February 26, 2026, he exercised options for 2,588 shares at $156.0000 and 2,163 shares at $138.1000, then sold 8,236.977 common shares at a weighted average price of $223.4812, leaving 4,643.467 shares directly owned.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 5 txns

Insider Wisler Michael A.

Role Sr. Executive Vice President

Sold 8,236.977 shs ($1.84M)

Approx. gross sale proceeds $1.84M

Approx. exercise cost $702K

Type	Security	Shares	Price	Value
Exercise	Option (right to buy)	2,588	$0.00	$0.00
Exercise	Option (right to buy)	2,163	$0.00	$0.00
Exercise	Common Stock	2,588	$156.00	$404K
Exercise	Common Stock	2,163	$138.10	$299K
Sale	Common Stock	8,236.977	$223.4812	$1.84M

Holdings After Transaction: Option (right to buy) — 1,082 contracts (Direct); Common Stock — 4,643.467 shares (Direct)

Footnotes (3)

1. F1. This transaction was executed in multiple trades at prices ranging from $223.397 to $223.81. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
2. F2. Currently exercisable.
3. F3. The option was granted under an equity incentive compensation plan maintained by M&T Bank Corporation, and therefore the reporting person paid no price for the option.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Michael A. Wisler report for M&T Bank (MTB)?

Michael A. Wisler reported exercising stock options and selling common shares. On February 26, 2026, he exercised options into M&T Bank common stock and then executed an open-market sale of 8,236.977 shares, all held and transacted under direct ownership.

How many M&T Bank (MTB) shares did Michael Wisler sell and at what price?

Michael Wisler sold 8,236.977 M&T Bank common shares. The weighted average sale price was $223.4812 per share, with individual trades executed at prices ranging from $223.397 to $223.81, according to the transaction footnote disclosure.

What stock option exercises did Michael Wisler report in this M&T Bank Form 4?

He reported exercising two option grants for M&T Bank common stock. One option exercise covered 2,588 shares at $156.0000 per share, and another covered 2,163 shares at $138.1000 per share, both classified as derivative exercises or conversions with direct ownership.

How many M&T Bank (MTB) shares does Michael Wisler own after these transactions?

After the reported transactions, Michael Wisler directly owns 4,643.467 M&T Bank common shares. This figure reflects the effect of his option exercises adding shares and the subsequent open-market sale of 8,236.977 shares on February 26, 2026.

What do the transaction codes M and S mean in Michael Wisler’s M&T Bank Form 4?

Code M indicates the exercise or conversion of a derivative security, such as a stock option, into common stock. Code S denotes a sale of common stock in the open market or a private transaction, as used for the 8,236.977-share sale.

Is Michael A. Wisler an officer of M&T Bank (MTB) in this Form 4 filing?

Yes. The filing identifies Michael A. Wisler as an officer of M&T Bank Corporation, holding the title of Sr. Executive Vice President. All reported option exercises and share sales are categorized as directly owned transactions under his name.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/02/2026 - 07:44 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Wisler Michael A.

(Last) (First) (Middle)

ONE M&T PLAZA

(Street)

BUFFALO NY 14203

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
M&T BANK CORP [ MTB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr. Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/26/2026		M		2,588	A	$156	10,717.444	D
Common Stock	02/26/2026		M		2,163	A	$138.1	12,880.444	D
Common Stock	02/26/2026		S		8,236.977	D	$223.4812(1)	4,643.467	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Option (right to buy)	$156	02/26/2026		M			2,588	(2)	01/31/2033	Common Stock	2,588	$0(3)	0	D
Option (right to buy)	$138.1	02/26/2026		M			2,163	(2)	01/31/2034	Common Stock	2,163	$0(3)	1,082	D

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $223.397 to $223.81. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

2. Currently exercisable.

3. The option was granted under an equity incentive compensation plan maintained by M&T Bank Corporation, and therefore the reporting person paid no price for the option.

Remarks:

	By: Stephen T. Wilson (Attorney-In-Fact)	03/02/2026
	** Signature of Reporting Person	Date
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.