RICH MELINDA R 4

What Happened
Melinda R. Rich, a director of M&T Bank Corporation (MTB), was granted 664 restricted stock units (RSUs) on April 30, 2026. The Form 4 reports the award as an acquisition at $0.00 (no cash paid). Each RSU represents a contingent right to receive one share of M&T common stock upon vesting; the units vest on the first anniversary of the grant.

Key Details

• Transaction date and type: 2026-04-30 — Grant/Award of 664 RSUs (transaction code A). Reported price: $0.00.
• Filing date: 2026-05-04 — filed on time under Form 4 rules.
• Shares owned after transaction: Not specified in the filing; the report notes 437.058183 shares credited via the Dividend Reinvestment Plan are included in holdings.
• Footnotes: RSUs vest one year after grant and convert 1-for-1 into common shares upon vesting (contingent right).
• This is a compensation award to a director, not an open-market purchase or sale.

Context
RSU grants to directors are routine compensation and do not reflect an immediate market purchase or sale. The units become actual shares only if and when they vest, at which point they may be subject to taxes and potential withholding.