PEARSON KEVIN J 4
4 · M&T BANK CORP · Filed Nov 15, 2024
Insider Transaction Report
Form 4
PEARSON KEVIN J
Vice Chairman
Transactions
- Other
Common Stock
2024-11-14−4,330→ 0 total(indirect: By 2020 GRAT) - Other
Common Stock
2024-11-14+4,330→ 4,330 total(indirect: By SLAT)
Holdings
- 40,502
Common Stock
- 3,368(indirect: By 401(k))
Common Stock
- 3,621(indirect: Supplemental 401 (k) Plan)
Phantom Common Stock Units
→ Common Stock (3,621 underlying)
Footnotes (4)
- [F1]Reflects the transfer of 4,330 shares from the Grantor Retained Annuity Trust ("2020 GRAT") to a Spousal Lifetime Access Trust ("SLAT") on November 14, 2024 pursuant to the termination of the 2020 GRAT. See footnote (2) for more information regarding the SLAT.
- [F2]The indicated shares are held in a SLAT for the benefit of the reporting person's spouse and descendants. The reporting person's spouse is a co-trustee of the trust.
- [F3]The information presented is as of September 30, 2024.
- [F4]The reported phantom common stock units are held by the reporting person in a plan account maintained by M&T Bank Corporation under the M&T Bank Corporation Leadership Retirement Savings Plan and represent a like number of shares of M&T Bank Corporation common stock. The phantom common stock units are payable in cash and distributed in accordance with the terms of the plan. The reported phantom common stock units also include units acquired through the dividend reinvestment feature of the plan.