Taylor John R. 4

What Happened

• John R. Taylor, Executive Vice President and Controller of M&T Bank (MTB), received 233 performance-vested restricted stock units (RSUs) on February 13, 2026. The RSUs were issued at $0.00 as they were earned awards rather than purchases.
• To satisfy tax withholding, 97 of those shares were surrendered/disposed at an indicated value of $228.71 per share, totaling $22,185.

Key Details

• Transaction dates: Award settled and withholding occurred on 2026-02-13; Form 4 filed 2026-02-18 (timely).
• Prices/values: Award price $0.00 (grant/settlement); 97 shares withheld at $228.71 each (total $22,185).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Notable footnotes:
  • The 233 shares were settlement of performance-vested RSUs granted Jan 31, 2023 under the 2019 Equity Incentive Compensation Plan, earned for the three-year performance period ended Dec 31, 2025; 22 of the 233 were dividend equivalent shares.
  • The RSUs carried no purchase price for the reporting person; shares were withheld to cover taxes.
  • Information is presented as of Dec 31, 2025 per the filing.
• Filing timeliness: The Form 4 was filed within the SEC’s two-business-day window (filed Feb 18 for a Feb 13 transaction, accounting for weekend/holiday).

Context

• This was not a market purchase or sale signaling a trade decision by the insider; it was the settlement of performance-based equity earned under company compensation plans. Withholding shares for taxes is a common administrative step and does not necessarily indicate a change in the insider’s view of the company.