Insider trade

Director sold ~$1.14M of MTB shares in the open market

Traded Nov 25, 2025 · Filed Nov 26, 2025

M&T BankMTB

~$1.14M
Reported value · 6,000 sh @ $190.0629: 17K
Holds after · shares reported: +13.4%
stock since the trade · S&P 500 +13.2%, $191.58 → $217.35 on Oct 1

Why it stands out

A board member of M&T Bank sold $1.14M 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 25, 2025
Reporting period: Not applicable
Filed with the SEC: Nov 26, 2025

DirectorIndirect holding$1M+

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$1,140,377

Shares × reported transaction price

Timing vs results

40 days after results of Oct 16, 2025, 52 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 $191.58 on Nov 25, 2025, 22% above its 52-week low and 13% below its high, after a 2% rise over the previous 30 trading days

52-week range $156.58 (Apr 8, 2025) to $220.80 (Nov 27, 2024), 55% of the way up, from 250 adjusted closes. 30 trading days earlier: $187.04 on Oct 14, 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	+2.6%	+0.3%	+2.2%
30 days	+7.6%	+0.7%	+7.0%
90 days	+18.5%	+0.9%	+17.6%
180 days	+13.1%	+9.8%	+3.3%

Past results only. Not a forecast.

Source receipt

Record ID: 0001245786-25-000006
Filed / recorded: Nov 26, 2025, 7:17 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: Robert E Jr Sadler
Relationship: Director
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Nov 25, 2025
Transaction code: S
Shares / units: 6,000
Price per share: $190.0629
Acquired / disposed: Disposed (D)
Shares owned after: 17,070
Ownership form: Indirect — By Wife
Amendment: No

Footnotes from the filing

This transaction was executed in multiple trades at prices ranging from $190.00 to $190.50. 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.