MTB director granted 664 restricted stock units

M&T Bank Corporation director Richard H. Ledgett Jr. reported an equity compensation grant and updated share holdings.

Rhea-AI Filing Summary

M&T Bank Corporation director Richard H. Ledgett Jr. reported an equity compensation grant and updated share holdings. He received 664 restricted stock units under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan for his service on the Board of Directors. Each restricted stock unit vests on the first anniversary of the grant and will convert into one share of common stock when it vests. After this grant, he holds 5,545 shares of common stock directly, and an additional 390.025 shares indirectly through an IRA.

Insider Trade Summary

Grant/Award: 664 shares

Grant/Award 2 txns

Insider Ledgett Richard H. Jr.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	664	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 5,545 shares (Direct); Common Stock — 390.025 shares (Indirect, By IRA)

Footnotes (1)

1. F1. 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.

Key Figures

Restricted stock units granted: 664 units Direct common shares after grant: 5,545 shares Indirect common shares in IRA: 390.025 shares

3 metrics

Restricted stock units granted 664 units Award under 2019 Equity Incentive Compensation Plan

Direct common shares after grant 5,545 shares Total direct holdings following transaction

Indirect common shares in IRA 390.025 shares Held indirectly by IRA

Key Terms

restricted stock units, Equity Incentive Compensation Plan, contingent right, IRA

4 terms

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"

An equity incentive compensation plan is a company program that pays employees, managers or directors with shares or rights to buy shares so their financial rewards rise with the company’s value—like giving team members a stake in the house they’re helping maintain. Investors care because these plans change how many shares exist (dilution), create ongoing expense and influence management’s motivation, all of which can affect future earnings and stock price.

contingent right financial

"represents a contingent right to receive one share of M&T Bank Corporation common stock upon vesting"

IRA financial

"total_shares_following_transaction": "390.0250", "direct_or_indirect": "I", "nature_of_ownership": "By IRA""

An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.

FAQ

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

What insider transaction did M&T Bank (MTB) director Richard H. Ledgett Jr. report?

Richard H. Ledgett Jr. reported receiving a grant of 664 restricted stock units of M&T Bank common stock as equity compensation for his Board service. These units are awarded at no cash cost to him and form part of his overall share-based compensation package.

How do the new restricted stock units for MTB’s Richard H. Ledgett Jr. vest?

Each of the 664 restricted stock units vests on the first anniversary of the grant. Upon vesting, each unit represents a contingent right to receive one share of M&T Bank common stock, aligning the director’s compensation with long-term shareholder value.

How many M&T Bank (MTB) shares does Richard H. Ledgett Jr. hold after this Form 4 filing?

Following the reported grant, Richard H. Ledgett Jr. holds 5,545 shares of M&T Bank common stock directly. He also has an additional 390.025 shares held indirectly through an IRA, as reflected in the Form 4 ownership table.

What compensation plan governs the restricted stock unit grant to MTB director Richard H. Ledgett Jr.?

The restricted stock unit award was granted under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan, as amended and restated. This plan provides share-based compensation to directors, with units that vest over time and convert into common stock upon vesting.

Does the Form 4 show any M&T Bank (MTB) share sales by Richard H. Ledgett Jr.?

The Form 4 reflects a grant of 664 restricted stock units and updated holdings, but no reported share sales. One line shows an indirect holding of 390.025 shares in an IRA, and another shows 5,545 shares held directly after the grant.

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

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Accepted by SEC EDGAR 05/04/2026 - 06:05 PM EDT 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^*

Ledgett Richard H. Jr.

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/30/2026		A(1)		664	A	$0	5,545	D
Common Stock								390.025	I	By IRA

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

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 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.
* Form 4: SEC 1474 (03-26)