M&T BANK CORP·4

Feb 3, 6:42 PM ET

Singh Neeraj 4

4 · M&T BANK CORP · Filed Feb 3, 2026

Research Summary

AI-generated summary of this filing

Updated

M&T Bank (MTB) Sr. EVP Neeraj Singh Receives Awards, Shares Withheld for Taxes

What Happened

  • Neeraj Singh, Senior Executive Vice President of M&T Bank, received equity from vested performance-based restricted stock units (RSUs) on 2026-01-30. The filing shows 397 shares issued (acquired at $0.00) and an additional 1,606 derivative shares from the same award (also recorded at $0.00). Simultaneously, 165 shares were withheld to cover tax obligations at an attributed price of $221.57 per share, totaling $36,559 (coded as F for tax withholding).
  • These were awards that vested upon achievement of performance goals; they were not open-market purchases or discretionary sales by the insider. The awards had no purchase price to the reporting person.

Key Details

  • Transaction date: January 30, 2026 (Form 4 filed February 3, 2026).
  • Share details: 397 shares issued (A), 1,606 derivative shares issued (A, derivative), 165 shares withheld for taxes (F) at $221.57 each = $36,559.
  • Footnotes: F1–F3 state these shares were issued upon vesting of performance-based RSUs granted Jan 31, 2025 under the company’s 2019 Equity Incentive Compensation Plan; the RSUs had no purchase price and shares were withheld to satisfy tax withholding.
  • Shares owned after the transaction: not specified in the provided summary of the filing.
  • Filing timeliness: Form filed 2026-02-03 for a 2026-01-30 transaction; the filing shows no explicit late-filing flag in the provided information.

Context

  • This is a routine equity-settlement event (performance RSUs vesting) rather than an open-market buy or voluntary sale. The 165-share disposition is a tax-withholding action (common when RSUs settle in shares) and should not be read as the insider selling shares to take profits.
  • For retail investors, award vesting signals that performance goals were met for the covered period; it is informational but not a direct bullish/bearish trade by the insider.

Insider Transaction Report

Form 4
Period: 2026-01-30
Singh Neeraj
Sr. Executive Vice President
Transactions
  • Award

    Common Stock

    [F1][F2]
    2026-01-30+3972,797 total
  • Tax Payment

    Common Stock

    [F3]
    2026-01-30$221.57/sh165$36,5592,632 total
  • Award

    Option (right to buy)

    [F5][F4]
    2026-01-30+1,6061,606 total
    Exercise: $221.57Exp: 2036-01-30Common Stock (1,606 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, 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 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.
Signature
By: Stephen T. Wilson (Attorney-In-Fact)|2026-02-03

Documents

1 file
  • 4
    wk-form4_1770162171.xmlPrimary

    FORM 4