GEISEL GARY N 4

What Happened

• Gary N. Geisel, a Director and Vice Chairman of M&T Bank (MTB), executed an open-market sale of 886.843 shares on January 28, 2026. The weighted-average sale price reported was $215.79 per share, for total proceeds of approximately $191,369. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date: 2026-01-28
• Transaction type/code: Open-market sale (S)
• Shares sold: 886.843
• Price: weighted average $215.79; trades ranged $215.75–$215.79 (see footnote)
• Total proceeds: ~$191,369
• Shares owned after the transaction: not disclosed in this filing
• Filing date: Form 4 filed 2026-01-30 (within the typical 2-business-day reporting window)
• Footnote: F1 notes the sale was executed in multiple trades and the reported price is a weighted average; the reporting person will provide detailed trade-level info on request.

Context

• This was a straight sale of stock. Sales by insiders can be routine (e.g., diversification or liquidity needs) and do not by themselves indicate company performance or future stock moves. The filing does not state a 10b5-1 plan, tax withholding, or other special instructions connected to the sale.