SADLER ROBERT E JR 4

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.