M&T Bank (NYSE: MTB) director sale leaves 3,648.963 shares
Rhea-AI Filing Summary
M&T BANK CORP (MTB) director Rudina Seseri reported selling 623 shares of Common Stock on 2026-08-21 in a sale classified as an open market or private transaction at $241.045 per share. After this sale, she directly holds 3,648.963 shares, including 81.963 shares credited through a dividend reinvestment plan. The transaction was not marked as pursuant to a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 623 shares
Net Sell
1 txn
Insider
Seseri Rudina
Role
Director
Sold
623 shs ($150K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 623 | $241.045 | $150K |
Holdings After Transaction:
Common Stock — 3,648.963 shares (Direct)
Footnotes (1)
- F1. Includes 81.963 shares credited through participation in a dividend reinvestment plan.
Key Figures
Shares sold: 623 shares
Sale price per share: $241.045 per share
Shares owned after transaction: 3,648.963 shares
+2 more
5 metrics
Shares sold
623 shares
Common Stock sale on 2026-08-21 by director Rudina Seseri
Sale price per share
$241.045 per share
Price for the 623 shares of MTB Common Stock sold on 2026-08-21
Shares owned after transaction
3,648.963 shares
Direct holdings of MTB Common Stock by Rudina Seseri following the sale
Dividend reinvestment plan shares
81.963 shares
Portion of post-transaction holdings credited via a dividend reinvestment plan
Net buy/sell shares
-623 shares
Net effect of reported transactions in this Form 4 (net-sell)
Key Terms
open market or private transaction, dividend reinvestment plan, Rule 10b5-1
3 terms
open market or private transaction market
"Sale in open market or private transaction at $241.045 per share"
dividend reinvestment plan financial
"Includes 81.963 shares credited through participation in a dividend reinvestment plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Rule 10b5-1 regulatory
"The transaction was not marked as pursuant to a Rule 10b5-1 trading plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did Rudina Seseri report for MTB on this Form 4?
Rudina Seseri, a director of M&T BANK CORP (MTB), reported a sale of 623 shares of Common Stock on 2026-08-21 in an open market or private transaction.
Was Rudina Seseri’s MTB stock sale made under a Rule 10b5-1 trading plan?
No. The Form 4 for Rudina Seseri indicates the Rule 10b5-1 checkbox as not checked, so the reported sale was not affirmed as being made under a Rule 10b5-1 trading plan.
Is Rudina Seseri’s ownership of MTB stock direct or indirect after the sale?
The Form 4 classifies Rudina Seseri’s post-transaction ownership of 3,648.963 shares of MTB Common Stock as direct ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.