Board member at M&T Bank (NYSE: MTB) awarded 687 RSUs

Rhea-AI Filing Summary

Cruger William Frank Jr. reported acquisition or exercise transactions in this Form 4 filing.

M&T Bank Corporation director William Frank Cruger Jr. received a grant of 687 restricted stock units for service on the Board under the company’s 2019 Equity Incentive Compensation Plan. Each unit vests on the first anniversary of the grant and represents one share of common stock, bringing his direct holdings to 9,878 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Cruger William Frank Jr.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	687	$0.00	--

Holdings After Transaction: Common Stock — 9,878 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU grant size: 687 units RSU-to-share ratio: 1 unit = 1 share Grant price per share: $0.00 per share +2 more

5 metrics

RSU grant size 687 units Restricted stock units granted on April 30, 2026

RSU-to-share ratio 1 unit = 1 share Each restricted stock unit represents one common share upon vesting

Grant price per share $0.00 per share Equity award with no cash purchase price to the director

Post-grant holdings 9,878 shares Total M&T Bank common shares held directly after the award

Vesting schedule 1 year Each RSU vests on the first anniversary of the grant date

Key Terms

restricted stock units, 2019 Equity Incentive Compensation Plan, contingent right

3 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.

2019 Equity Incentive Compensation Plan financial

"under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan, as amended and restated"

contingent right financial

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

Form 4 Insider Transactions: What Each Field Means →

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^*

Cruger William Frank 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)		687	A	$0	9,878	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

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)

FAQ

What insider transaction did M&T Bank (MTB) report for William Frank Cruger Jr.?

M&T Bank reported that director William Frank Cruger Jr. received 687 restricted stock units as an equity award for Board service. These units convert into common stock upon vesting, adding to his direct ownership position in the company.

How many M&T Bank (MTB) shares does the director hold after this Form 4 grant?

After the grant, William Frank Cruger Jr. directly holds 9,878 shares of M&T Bank common stock. This reflects the addition of 687 restricted stock units, which will convert into shares once they vest after the one-year period.

What are the terms of the 687 restricted stock units granted by M&T Bank (MTB)?

The 687 restricted stock units each represent a contingent right to receive one share of M&T Bank common stock. They vest on the first anniversary of the grant date, rewarding continued Board service over that one-year period.

Under which plan were the restricted stock units for M&T Bank (MTB) granted?

The award was made under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan, as amended and restated. This plan provides stock-based compensation, including restricted stock units, to directors and other eligible participants.

Does the Form 4 for M&T Bank (MTB) reflect a market purchase or sale?

No, the Form 4 reflects a compensation-related grant coded as an acquisition, not a market trade. The director received 687 restricted stock units at no cash cost per share as part of his Board compensation package.