Taylor John R. 4

What Happened

• John R. Taylor, EVP and Controller of M&T Bank Corporation (MTB), exercised 269 stock options and sold shares on June 15, 2026. He acquired 269 shares through option exercise at $190.78 per share (total cost ~$51,320) and sold 1,098 shares in an open-market sale at $233.23 per share (gross proceeds ~$256,087). The filing also records a related derivative disposition entry for 269 shares at $0, reflecting the option conversion reporting.

Key Details

• Transaction date: 2026-06-15; Form 4 filed 2026-06-17 (timely filing).
• Option exercise: 269 shares @ $190.78 = $51,320 (code M).
• Open-market sale: 1,098 shares @ $233.23 = $256,087 (code S).
• Derivative/convert entry: 269 shares @ $0 recorded as disposed (reporting detail tied to the exercise).
• Shares owned after the transactions are not specified in this Form 4; beneficial ownership information is noted as of March 31, 2026 per the filing footnote.
• Footnotes: F1 = ownership info as of Mar 31, 2026; F2 = option was currently exercisable; F3 = option was granted under the company’s equity incentive plan (the reporting person paid no price for the option grant).

Context

• This sequence shows an option exercise and a same-day open-market sale. Such patterns can represent exercises combined with immediate sale (often to cover exercise cost, taxes, or to diversify), but the filing itself only records the transactions and not motivation.
• Code M denotes exercise/conversion of a derivative (option). The $0 derivative disposition entry is a reporting detail associated with that conversion.