Taylor John R. 4

Accession 0001984138-26-000002

CIK 0000036270other

Filed

Feb 2, 7:00 PM ET

Accepted

Feb 3, 6:44 PM ET

Size

12.5 KB

Accession

0001984138-26-000002

AI-generated summary of this filing

Updated Feb 3, 2026

M&T Bank EVP John R. Taylor Sells Shares & Receives RSUs

What Happened

John R. Taylor, Executive Vice President and Controller of M&T Bank (MTB), reported vesting of performance-based restricted stock units and an open-market sale.
On 2026-01-30 a total of 795 shares (560 + 235) vested as performance-based restricted stock units (no purchase price). As part of the settlement, 240 shares were withheld to cover taxes (reported as a disposition of 240 shares at $221.57 each, $53,177).
On 2026-02-02 Taylor sold 704 shares in the open market at a weighted-average price of $225.34 for proceeds of $158,638. Combined reported dispositions total approximately $211,815 (note: $53,177 of that reflects tax withholding).

Key Details

Transaction dates and prices:
- 2026-01-30: 560 RSUs vested @ $0.00; 235 performance RSUs vested @ $0.00.
- 2026-01-30: 240 shares withheld for taxes disposed @ $221.57 (total $53,177).
- 2026-02-02: 704 shares sold in multiple trades, weighted avg price $225.34 (range $225.26–$225.378); total proceeds $158,638.
Shares owned after the transaction: Not disclosed in this filing.
Relevant footnotes:
- F1/F2: The vested shares were performance-based RSUs granted under the 2019 Equity Incentive Compensation Plan and were issued at no cost to the reporting person.
- F3: 240 shares were withheld to satisfy tax withholding obligations upon settlement.
- F4: The open-market sale was executed in multiple trades; the filing shows a weighted-average sale price and offers to provide full trade details upon request.
- F5–F7 provide plan and vesting context; F6/F7 reference option vesting/grant language in the plan but are not directly tied to a reported option exercise here.
Filing timeliness: The Form 4 was filed on 2026-02-03 and appears timely relative to the reported transaction dates.

Context

The vesting was performance-based and the withheld shares represent tax withholding rather than an active sale by the insider. The open-market sale was a routine disposition; filings like this document the transaction but do not explain the insider’s motivation.

Form 4

Period: 2026-01-30

EVP and Controller

Transactions

Award
Common Stock
[F1][F2]
2026-01-30+560→ 5,916.392 total
Tax Payment
Common Stock
[F3]
2026-01-30$221.57/sh−240$53,177→ 5,676.392 total
Sale
Common Stock
[F4]
2026-02-02$225.34/sh−704$158,638→ 4,972.392 total
Award
Option (right to buy)
[F7][F6]
2026-01-30+235→ 235 total
Exercise: $221.57Exp: 2036-01-30→ Common Stock (235 underlying)

Holdings

Footnotes (7)

[F1]Shares issued pursuant to vesting of performance-based restricted stock units, which were granted to the reporting person on 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 period.
[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 restricted stock units and performance-based restricted stock units previously granted to the reporting person.
[F4]This transaction was executed in multiple trades at prices ranging from $225.26 to $225.378. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
[F5]The information presented is as of December 31, 2025.
[F6]The option vests ratably on the first, second and third anniversary of the grant date.
[F7]The option was granted under the Equity Plan, and therefore the reporting person paid no price for the option.

Signature

By: Stephen T. Wilson (Attorney-In-Fact)|2026-02-03

1 file

M&T BANK CORP

CIK 0000036270

Entity typeother