M&T Bank Corp (NYSE: MTB) CFO reports 3,043-share tax withholding
Rhea-AI Filing Summary
M&T Bank Corp senior EVP & CFO Daryl N. Bible reported a tax-withholding disposition of 3,043 shares of common stock on 2026-07-31 at $246.29 per share. The shares were withheld to cover taxes on previously granted restricted stock units settling in stock, leaving 26,967 shares directly held.
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Insights
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Insider Trade Summary
Net Seller: 3,043 shares
Net Sell
1 txn
Insider
Bible Daryl N.
Role
Sr. EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 3,043 | $246.29 | $749K |
Holdings After Transaction:
Common Stock — 26,967 shares (Direct)
Footnotes (1)
- F1. Shares withheld for taxes upon the settlement in shares of restricted stock units previously granted to the reporting person.
Key Figures
Shares withheld for taxes: 3,043 shares
Per-share value: $246.29 per share
Shares held after transaction: 26,967 shares
3 metrics
Shares withheld for taxes
3,043 shares
Common stock withheld on 2026-07-31 to satisfy tax liability on RSU settlement
Per-share value
$246.29 per share
Value used for the 3,043-share tax-withholding disposition
Shares held after transaction
26,967 shares
Directly held M&T Bank Corp common stock following the reported transaction
Key Terms
restricted stock units, tax-withholding disposition, Sr. EVP & CFO
3 terms
restricted stock units financial
"settlement in shares of restricted stock units previously granted to the reporting person"
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.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition of common stock"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Sr. EVP & CFO financial
"reporting person is an officer with title Sr. EVP & CFO"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did M&T Bank (MTB) report for Daryl N. Bible?
M&T Bank Corp’s Sr. EVP & CFO Daryl N. Bible reported a tax-withholding disposition of 3,043 shares of common stock on 2026-07-31, tied to the settlement of previously granted restricted stock units.
What is the role of Daryl N. Bible at M&T Bank (MTB)?
Daryl N. Bible is identified as M&T Bank Corp’s Senior Executive Vice President & Chief Financial Officer (Sr. EVP & CFO), making this a reportable executive officer transaction under insider reporting rules.