Insider trade

Director sold ~$191K of MTB shares in the open market

Traded Jan 28, 2026 · Filed Jan 30, 2026

M&T BankMTB

~$191K
Reported value · 886.84 sh @ $215.7872: 16K
Holds after · shares reported: +0.2%
stock since the trade · S&P 500 +9.9%, $216.89 → $217.35 on Oct 1

Why it stands out

A board member of M&T Bank sold $191K 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: Jan 28, 2026
Reporting period: Not applicable
Filed with the SEC: Jan 30, 2026

Director$100K–$500K

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$191,369

Shares × reported transaction price

Timing vs results

12 days after results of Jan 16, 2026, 77 days before results of Apr 15, 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 $216.89 on Jan 28, 2026, within 2% of its 52-week high, after a 6% rise over the previous 30 trading days

52-week range $156.58 (Apr 8, 2025) to $219.16 (Jan 21, 2026), 96% of the way up, from 251 adjusted closes. 30 trading days earlier: $203.84 on Dec 12, 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	+4.8%	-0.2%	+5.0%
30 days	-2.8%	-1.5%	-1.3%
90 days	-5.1%	+3.3%	-8.3%
180 days	+10.6%	+8.9%	+1.7%

Past results only. Not a forecast.

Source receipt

Record ID: 0001224731-26-000002
Filed / recorded: Jan 30, 2026, 9:52 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: Gary N Geisel
Relationship: Director, Other
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Jan 28, 2026
Transaction code: S
Shares / units: 886.843
Price per share: $215.7872
Acquired / disposed: Disposed (D)
Shares owned after: 16,446.157
Ownership form: Direct
Amendment: No

Footnotes from the filing

This transaction was executed in multiple trades at prices ranging from $215.75 to $215.79. 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.