Urban Julianne 4
4 · M&T BANK CORP · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
M&T Bank (MTB) Sr. EVP Urban Julianne Receives Awards, Withholds Shares
What Happened
Urban Julianne, Senior EVP & Chief Auditor of M&T Bank (MTB), received vested performance-based restricted stock units (RSUs) and had shares withheld to cover taxes. On 2026-01-30 she was issued 865 shares and 770 derivative shares (total 1,635 shares) at $0.00 (RSU vesting) and 350 shares were withheld/disposed at $221.57 each to satisfy tax withholding, totaling $77,550. These were awards/settlements of previously granted performance-based RSUs rather than open-market purchases.
Key Details
- Transaction date: 2026-01-30; Form filed 2026-02-03 (filing appears timely).
- Awards received: 865 shares (A) at $0.00 and 770 shares (A, derivative) at $0.00 — total 1,635 shares from RSU vesting.
- Tax withholding/disposition: 350 shares (F) at $221.57 each = $77,550 withheld/sold to cover taxes.
- Relevant footnotes:
- F1–F3: Shares issued upon vesting of performance-based RSUs granted in 2023–2025 under the 2019 Equity Incentive Compensation Plan; reporting person paid no purchase price; shares were withheld for taxes on settlement.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- No open-market purchase or voluntary sale of shares by the insider — the disposal was tax withholding on vested awards.
Context
These transactions reflect routine equity compensation settlement: performance-based RSUs vested (an award/acquisition), and a portion of shares were withheld to satisfy tax obligations (a common practice that reduces net received shares). This is not an independent buy or sell decision signaling a personal investment change; it documents compensation settlement and tax withholding.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-01-30+865→ 8,204 total - Tax Payment
Common Stock
[F3]2026-01-30$221.57/sh−350$77,550→ 7,854 total - Award
Option (right to buy)
[F5][F4]2026-01-30+770→ 770 totalExercise: $221.57Exp: 2036-01-30→ Common Stock (770 underlying)
Footnotes (5)
- [F1]Shares issued pursuant to vesting of performance-based restricted stock units, which were granted to the reporting person on January 31, 2023, January 31, 2024 and January 31, 2025, under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan (the " Equity Plan") and vested upon achievement of performance goals for the applicable performance periods.
- [F2]The performance-based restricted stock units were granted under the Equity Plan, and therefore the reporting person paid no price for the performance-based restricted stock units.
- [F3]Shares withheld for taxes upon the settlement in shares of performance-based restricted stock units previously granted to the reporting person.
- [F4]The option vests ratably on the first, second and third anniversary of the grant date.
- [F5]The option was granted under the Equity Plan, and therefore the reporting person paid no price for the option.