M&T Bank (NYSE: MTB) CEO Rene F. Jones exercises options and sells shares
Rhea-AI Filing Summary
M&T Bank Corporation Chairman and CEO Rene F. Jones reported multiple equity compensation transactions. On January 30, 2026, 15,100 performance-based restricted stock units vested into common shares at $0 under the 2019 Equity Incentive Compensation Plan, with 7,355 shares withheld at $221.57 to cover taxes. He also received an option grant for 11,375 shares at an exercise price of $221.57, vesting over three years and expiring on January 30, 2036.
On February 2, 2026, Jones exercised previously granted options to acquire 30,541 shares at $173.04, 8,390 shares at $156, and 7,016 shares at $138.10. On the same date, 40,093 shares were disposed of at $221.57 under a Rule 10b5-1 trading plan. After these transactions, he directly held 113,628.79 common shares, plus indirect holdings through two daughters’ custodial accounts and a 401(k) plan, and 7,016 stock options remained outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option (right to buy) | 30,541 | $0.00 | -- |
| Exercise | Option (right to buy) | 8,390 | $0.00 | -- |
| Exercise | Option (right to buy) | 7,016 | $0.00 | -- |
| Exercise | Common Stock | 30,541 | $173.04 | $5.28M |
| Exercise | Common Stock | 8,390 | $156.00 | $1.31M |
| Exercise | Common Stock | 7,016 | $138.10 | $969K |
| Tax Withholding | Common Stock | 40,093 | $221.57 | $8.88M |
| Grant/Award | Option (right to buy) | 11,375 | $0.00 | -- |
| Grant/Award | Common Stock | 15,100 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,355 | $221.57 | $1.63M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| 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 reported transaction occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 9, 2025. These shares are owned by the daughter of the reporting person through a custodial account under the Uniform Gifts to Minors Act for which the reporting person is custodian. 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. Currently exercisable.
