PEARSON KEVIN J 4
4 · M&T BANK CORP · Filed Jul 16, 2026
Research Summary
AI-generated summary of this filing
M&T Bank (MTB) Vice Chairman Kevin J. Pearson Sells 2,000 Shares
What Happened
Kevin J. Pearson, Vice Chairman of M&T Bank Corporation (MTB), disposed of 2,000 common shares on July 15, 2026 at $242.00 per share, generating proceeds of $484,000. The filing lists the transaction as an open-market or private sale (code S).
Key Details
- Transaction date: July 15, 2026; filing date: July 16, 2026 (filed within the normal Form 4 window).
- Price and size: 2,000 shares sold at $242.00 each; total proceeds $484,000.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes of note:
- F1: The sale occurred automatically under a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2026 (pre-arranged plan).
- F2: Some reported information is presented as of June 30, 2026.
- F3: References to phantom common stock units indicate units held in a leadership retirement savings plan (payable in cash and including dividend reinvestment); these represent a like number of shares but are cash-settled.
Context
This was a sale (not a purchase). Because it was executed under a Rule 10b5-1 plan, the trade was likely pre-scheduled and may not reflect the insider’s current view of the company. Phantom stock units described in the footnotes are plan-account credits that are paid in cash and are not the same as directly held shares.
Insider Transaction Report
Form 4
PEARSON KEVIN J
Vice Chairman
Transactions
- Sale
Common Stock
[F1]2026-07-15$242.00/sh−2,000$484,000→ 44,107 total
Holdings
- 3,541(indirect: By 401(k))
Common Stock
[F2] - 3,807(indirect: By 401(k))
Phantom Common Stock Units
[F3][F2]→ Common Stock (3,807 underlying)
Footnotes (3)
- [F1]The reported transaction occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2026.
- [F2]The information presented is as of June 30, 2026.
- [F3]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.
Signature
By: Stephen T. Wilson (Attorney-In-Fact)|2026-07-16