M&T Bank (MTB) Director Kirk W. Walters Sells Shares

What Happened
Kirk W. Walters, a director of M&T Bank Corporation (MTB), sold 9.366 shares of the bank's stock in an open-market transaction on August 5, 2026. The shares were sold at $253.77 per share for a total proceeds of approximately $2,377. This was a sale (disposition) rather than a purchase.

Key Details

• Transaction date: 2026-08-05
• Type: Open-market sale (Code: S)
• Price per share: $253.77
• Shares sold: 9.366
• Total proceeds: ~$2,377
• Shares owned after the transaction: not disclosed in this filing
• Footnotes/plan: no 10b5-1 plan or other special instruction noted on the filing
• Filing timeliness: Report filed 2026-08-07; not marked late

Context
This was a small-value director sale. Sales by insiders can reflect personal liquidity needs or routine portfolio management and do not necessarily indicate a change in the insider's view of the company. For retail investors, purchases are generally more indicative of bullish insider sentiment than isolated, modest sales.