SADLER ROBERT E JR 4
4 · M&T BANK CORP · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
M&T Bank (MTB) Director Robert E. Sadler Jr Receives 37-Share Award
What Happened Robert E. Sadler Jr., a director of M&T Bank Corporation (MTB), received a stock award of 37 shares on January 30, 2026. The award is reported at $0.00 per share (total reported value $0) and was granted under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan for service on a regional Directors Advisory Council.
Key Details
- Transaction date: 2026-01-30; Grant/award (code A) of 37 shares at $0.00.
- Filing date: 2026-02-03 — filed within the SEC’s typical 2-business-day window (timely).
- Shares owned after transaction: Not specified in this Form 4; filing notes additional holdings and trust relationships (see below).
- Notable footnotes:
- F1: Award granted under the 2019 Equity Incentive Compensation Plan for advisory council service.
- F2: Filing also notes 8,564 shares were distributed from a GRAT to the reporting person on Dec 9, 2025.
- F3: Some shares are held by the Sadler Family Foundation (reporting person is trustee with voting/dispositive power; he disclaims pecuniary interest).
- F4: Some shares are held by a Grantor Retained Annuity Trust (GRAT); Sadler reports beneficial ownership of GRAT shares but disclaims beneficial ownership except to the extent of any pecuniary interest.
Context This was a non-cash stock award for board/advisory service rather than an open-market purchase or sale. Awards and trust transfers are common forms of director compensation and estate planning and do not, by themselves, indicate a personal buy/sell decision about the company's shares.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-01-30+37→ 27,614 total
- 17,070(indirect: By Spouse)
Common Stock
- 18,398(indirect: See footnote)
Common Stock
[F3] - 22,731(indirect: By GRAT)
Common Stock
[F2][F4]
Footnotes (4)
- [F1]This transaction represents a stock award received by the reporting person pursuant to the M&T Bank Corporation 2019 Equity Incentive Compensation Plan (the "Equity Plan") for service on a regional Directors Advisory Council of M&T Bank.
- [F2]Reflects 8,564 shares distributed from the GRAT to the reporting person on December 9. 2025, in satisfaction of the GRAT's annuity obligation. See footnote (4) for information regarding the GRAT.
- [F3]The indicated shares are held by the Sadler Family Foundation, a charitable trust in which the reporting person has no pecuniary interest. The reporting person is a trustee of the Sadler Family Foundation and holds voting and dispositive power over the shares held by it.
- [F4]The indicated shares are held by a Grantor Retained Annuity Trust ("GRAT") of which the reporting person is trustee and of which the reporting person and his descendants are beneficiaries. The reporting person continues to report the beneficial ownership of all of the M&T Bank Corporation common stock held by the GRAT but disclaims beneficial ownership except to the extent of his pecuniary interest therein.