M&T Bank (NYSE: MTB) vice chair awarded new shares and stock options
Rhea-AI Filing Summary
M&T Bank Corporation Vice Chairman Kevin J. Pearson reported equity compensation activity and updated share holdings. On January 30, 2026, he acquired 6,125 shares of common stock at $0, issued upon vesting of performance-based restricted stock units under the 2019 Equity Incentive Compensation Plan after achievement of performance goals.
On the same date, 2,253 shares were withheld at $221.57 per share to cover taxes on the vested awards, leaving 44,721 common shares held directly. He also holds 3,493 shares through a 401(k) plan as of December 31, 2025, plus 3,756 phantom common stock units in a supplemental retirement plan, which track the value of an equal number of M&T common shares and are payable in cash.
Pearson was additionally granted an option to buy 3,915 common shares at an exercise price of $221.57 per share, expiring January 30, 2036. The option was granted under the same equity plan, vests in three equal annual installments starting on the first anniversary of the grant date, and required no purchase price at grant.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option (right to buy) | 3,915 | $0.00 | -- |
| Grant/Award | Common Stock | 6,125 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,253 | $221.57 | $499K |
| holding | Phantom Common Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Shares issued pursuant to vesting of performance-based restricted stock units, which were granted to the reporting person on January 31, 2023, January 31, 2024 and January 31, 2025, under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan (the " Equity Plan") and vested upon achievement of performance goals for the applicable performance periods. The performance-based restricted stock units were granted under the Equity Plan, and therefore the reporting person paid no price for the performance-based restricted stock units. Shares withheld for taxes upon the settlement in shares of performance-based restricted stock units previously granted to the reporting person. The information presented is as of December 31, 2025. The option vests ratably on the first, second and third anniversary of the grant date. The option was granted under the Equity Plan, and therefore the reporting person paid no price for the option. 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.
