Insider trade

Officer sold ~$1.01M of MTB shares in the open market

Traded Nov 26, 2025 · Filed Dec 1, 2025

M&T BankMTB

~$1.01M
Reported value · 5,250 sh @ $191.6984: 5,501
Holds after · shares reported: +14.3%
stock since the trade · S&P 500 +12.4%, $190.24 → $217.35 on Oct 1

Why it stands out

M&T Bank's Sr. Executive Vice President sold $1.01M of M&T Bank shares. Nobody planned it ahead of time.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Nov 26, 2025
Reporting period: Not applicable
Filed with the SEC: Dec 1, 2025

Officer$1M+

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$1,006,417

Shares × reported transaction price

Timing vs results

41 days after results of Oct 16, 2025, 51 days before results of Jan 16, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $190.24 on Nov 26, 2025, 22% above its 52-week low and 14% below its high, after a 3% rise over the previous 30 trading days

52-week range $156.58 (Apr 8, 2025) to $220.80 (Nov 27, 2024), 52% of the way up, from 250 adjusted closes. 30 trading days earlier: $185.03 on Oct 15, 2025. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+3.5%	+0.2%	+3.3%
30 days	+6.8%	+0.2%	+6.6%
90 days	+14.9%	+0.7%	+14.2%
180 days	+10.8%	+11.3%	-0.5%

Past results only. Not a forecast.

Source receipt

Record ID: 0001602570-25-000005
Filed / recorded: Dec 1, 2025, 9:28 PM UTC
Added to OQRO: Oct 2, 2026, 12:28 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: M&T BANK CORP
Issuer CIK: 36270
Ticker: MTB
Reporting person: Christopher E. Kay
Relationship: Officer
Officer title: Sr. Executive Vice President
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Nov 26, 2025
Transaction code: S
Shares / units: 5,250
Price per share: $191.6984
Acquired / disposed: Disposed (D)
Shares owned after: 5,501
Ownership form: Direct
Amendment: No

Footnotes from the filing

This transaction was executed in multiple trades at prices ranging from $191.67 to $191.90. 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.