M&T Bank (MTB) CFO Daryl Bible Sells 3,043 Shares

What Happened

• Daryl N. Bible, Senior EVP & CFO of M&T Bank Corp. (MTB), had 3,043 shares disposed on July 31, 2026 as a tax-withholding related to the settlement of previously granted restricted stock units. The shares were valued at $246.29 each, totaling approximately $749,460. This was a tax withholding event (routine) rather than an open-market sale intended as investment action.

Key Details

• Transaction date & price: 2026-07-31 at $246.29 per share.
• Shares disposed: 3,043; gross value ≈ $749,460.
• Transaction code: F (payment of exercise price or tax liability); footnote F1: shares withheld for taxes upon settlement of restricted stock units.
• Shares owned after transaction: Not specified in the filing.
• Filing date/timeliness: Form filed 2026-08-04 — filed within the required two business days, so timely.

Context

• This was a withholding to satisfy tax obligations on RSU settlement (common practice). Withholding disposals are administrative and do not necessarily reflect the insider’s view on the company’s stock price.