M&T Bank (NYSE: MTB) director Kirk Walters granted 664 restricted stock units

Rhea-AI Filing Summary

M&T Bank Corporation director Kirk W. Walters received an equity award of 664 shares of Common Stock on a grant or award basis. The filing describes this as a grant or award acquisition, not an open-market purchase or sale, with a reported price of $0.00 per share, indicating compensation rather than cash outlay.

According to the footnotes, the grant represents restricted stock units issued 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 converts into one share of common stock upon vesting. Following this award, Walters directly holds 6,640 common shares and indirectly holds 9 shares through a 401(k) plan, as of March 31, 2026, making this a routine director compensation grant of modest size.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider WALTERS KIRK W

Role null

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

Holdings After Transaction: Common Stock — 6,640 shares (Direct, null); Common Stock — 9 shares (Indirect, By 401(k) Plan)

Footnotes (1)

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. The information presented is as of March 31, 2026.

Key Figures

RSU grant size: 664 shares Grant price per share: $0.00 per share Direct holdings after grant: 6,640 shares +2 more

5 metrics

RSU grant size 664 shares Restricted stock units granted for Board service

Grant price per share $0.00 per share Reported transaction price on RSU award

Direct holdings after grant 6,640 shares Common stock directly held following the award

Indirect 401(k) holdings 9 shares Common stock held indirectly via 401(k) plan

Information as-of date March 31, 2026 Footnote states holdings information date

Key Terms

restricted stock units, 2019 Equity Incentive Compensation Plan, 401(k) Plan

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, for service on the M&T Bank Corporation Board of Directors"

401(k) Plan financial

"total_shares_following_transaction 9.0000, direct_or_indirect I, nature_of_ownership By 401(k) Plan"

A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.

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^*

WALTERS KIRK W

(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	6,640	D
Common Stock								9	I	By 401(k) Plan(2)

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.

2. The information presented is as of March 31, 2026.

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) director Kirk W. Walters report?

Kirk W. Walters reported an acquisition of 664 shares of M&T Bank common stock as a grant or award. The shares were granted as restricted stock units for his service on the Board under the company’s 2019 Equity Incentive Compensation Plan.

Is the M&T Bank (MTB) Form 4 transaction a market purchase or sale?

The Form 4 transaction is not a market trade; it is a grant or award acquisition of 664 restricted stock units at a reported price of $0.00. This reflects routine equity compensation for board service rather than an open-market buy or sell.

How many M&T Bank (MTB) shares does Kirk W. Walters hold after this grant?

After the reported grant, Kirk W. Walters directly holds 6,640 M&T Bank common shares. He also has an indirect holding of 9 shares through a 401(k) plan, according to the Form 4 disclosure referencing information as of March 31, 2026.

What are the vesting terms of Kirk W. Walters’ restricted stock units at M&T Bank (MTB)?

Each restricted stock unit granted to Kirk W. Walters vests on the first anniversary of the grant date. Upon vesting, each unit converts into one share of M&T Bank common stock, as described in the 2019 Equity Incentive Compensation Plan footnote.

Under which plan were the M&T Bank (MTB) restricted stock units granted to Kirk W. Walters?

The restricted stock units were granted under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan, as amended and restated. The award compensates Walters for his service on the company’s Board of Directors and provides one share of common stock per vested unit.