M&T Bank (MTB) Director Richard H. Ledgett Jr. Sells 855 Shares

What Happened
Richard H. Ledgett Jr., a director of M&T Bank (MTB), reported selling 855 shares on 2026-08-03. The shares were disposed at $248.16 each, for total gross proceeds of $212,178. This was a sale (code S), reported as an open-market or private sale.

Key Details

• Transaction date and price: 2026-08-03 — 855 shares at $248.16 per share.
• Total value: approximately $212,178 (gross proceeds).
• Transaction type: Sale (reported as open-market or private sale, code S).
• Filing date: Form 4 filed 2026-08-04 (timely filing based on provided dates).
• Shares owned after transaction: Not specified in the supplied filing excerpt.
• Footnotes/plans: No 10b5-1 plan, tax withholding, or other footnotes were listed in the provided details.

Context
This report documents a straightforward sale of common stock by a company director. The filing does not show any option exercises, awards, or gifts associated with this transaction. Sales by insiders can be routine (liquidity, diversification, tax reasons) and are not, by themselves, proof of a change in sentiment about the company.