M&T BANK CORP·4

Feb 18, 5:34 PM ET

Wisler Michael A. 4

Research Summary

AI-generated summary

Updated

M&T Bank (MTB) Sr. EVP Michael Wisler Receives Award, Withholds Shares

What Happened

  • Michael A. Wisler, Senior Executive Vice President of M&T Bank Corporation (MTB), received 2,497 shares upon settlement of performance-vested restricted stock units (RSUs). The RSUs were originally granted Jan 31, 2023 and were earned for the three-year performance period ended Dec 31, 2025 as finalized on Feb 13, 2026.
  • Of the 2,497 shares issued, 994 shares were withheld to satisfy tax withholding obligations at $228.71 per share, generating $227,338 in tax withholding. The reporting results in a net delivery of 1,503 shares to Wisler (2,497 awarded − 994 withheld). The RSUs carried no purchase price to the reporting person.

Key Details

  • Transaction date: Feb 13, 2026 (award/settlement); Filing date: Feb 18, 2026 (filed one business day after the typical 2-business-day Form 4 deadline).
  • Award: 2,497 shares (includes 244 shares issued as dividend equivalents).
  • Withholding (tax payment): 994 shares disposed under code F at $228.71/share = $227,338.
  • Net shares received: 1,503 shares.
  • Shares owned after transaction: Not specified in the provided filing.
  • Notes: A = award/settlement of performance-vested RSUs; F = shares withheld to cover tax liability.

Context

  • This was a settlement of performance-vested RSUs (no cash purchase by the insider). The withholding of shares for taxes is a routine administrative action and is not an open-market sale.
  • The filing was submitted on Feb 18, 2026 for a Feb 13, 2026 transaction, meaning it was filed after the usual 2-business-day deadline (filed one business day late).