MTB M&T BANK CORP Insider Trading

Vice Chairman Kevin J Pearson sells 23,358 shares for $5,267,277.03 under pre-arranged 10b5-1 plan

Kevin J Pearson executed two separate sales totaling 23,358 shares for $5,267,277.03 on 2026-06-09 under a 10b5-1 trading plan adopted 2026-03-05, reducing his non-derivative MTB holdings by 33.6% to 46,107 shares. The sales occurred at prices near current market levels ($225.20 and $226.70 versus current $227.62), consistent with a scheduled divestiture rather than a discretionary market-timing decision. His cross-ticker track record shows an average 90-day return of -1.5% after prior sells, while his five prior trades at MTB show mixed outcomes ranging from -3.1% to +3.1% over 90 days, offering limited predictive signal about conviction or near-term price direction. The filing reveals no derivative holdings remain post-transaction, though the scheduled nature of the sale precludes attribution to any tactical judgment about MTB's fundamentals (P/E 11.38, $33.3B market cap).

Sr. EVP Kay Christopher E. sells 3,105 MTB shares, reducing stake by 31.5% as stock trades below 52-week highs.

Kay Christopher E., a senior executive at M&T Bank, sold over 3,100 shares—nearly a third of his holdings—during a period when the stock has declined modestly from its 52-week high. M&T itself remains fundamentally sound, profitable with solid revenue growth and trading at a reasonable valuation multiple. However, this sale represents the fourth open-market share disposition by this insider in the past three years, continuing a consistent pattern of selling rather than buying. His prior sale in late 2025 proved poorly timed, as the stock subsequently gained rather than fell, and this current sale follows the same directional pattern of outflows from his position. For a senior executive, the cumulative effect of repeated sales—regardless of company fundamentals—suggests a personal desire to reduce exposure rather than a bullish conviction about the business near-term.

SVP Wisler sells 8,236 MTB shares at $223.48 (Feb 26), reducing holdings 63.9%; stock now at $219.50, -7.8% from 52-week high.

Wisler, Sr. Executive Vice President, executed a substantial open-market sale of 8,236 shares at $223.48 on 2026-02-26, reducing his holdings by 63.9% to 4,643 shares. The sale price sits near the 52-week high ($238.01), placing the transaction favorably relative to recent price extremes. His cross-ticker track record shows 1 prior sell with a well-timed rate of 100.00% at the 90-day mark; his same-ticker history at MTB (1 prior sell on 2024-11-14) posted a 90-day return of -7.2%, consistent with his cross-ticker performance pattern. M&T Bank trades at a P/E of 10.77 with annual revenue growth of +7.5% and a $32.7B market cap, fundamental context that suggests the company is not in distress. The magnitude of the stake reduction and the alignment with prior sell timing warrant observation.

Director John P. Barnes sold 21,193 MTB shares for $4,998,369.05; 58.3% reduction in holdings near 52-week high

Director John P. Barnes sold 21,193 shares (58.3% of pre-transaction holdings) at $235.85 on 2026-02-09, reducing his stake from 36,335 to 15,142 shares. The sale occurred at -1.4% from the 52-week high of $238.01, and the stock has appreciated 11.0% over 30 days and 25.9% over 90 days, suggesting the insider sold into strength. Examining his prior trades at MTB specifically, all 4 prior measurable sells showed negative 90-day returns (ranging from -7.9% to -8.5%), with a 100% timing success rate at this ticker, indicating a consistent pattern of selling before subsequent declines. However, his cross-ticker track record shows a well-timed rate of 26.32%, suggesting his timing is below-average relative to his own historical behavior across all positions, warranting attention to whether this sale signals material concern about the stock's near-term direction.

Director BARNES JOHN P sells all 17,866 shares of MTB for $3.9M at $220.81; achieves 100% position exit.

Director John P. Barnes liquidated his entire 17,866-share stake in M&T Bank Corp on January 22, 2026 at $220.81 per share, realizing $3,945,053.99. The transaction represents a complete position exit and occurs near the 52-week high of $219.16 (within 2.4%). Examining his prior trade history at MTB, Barnes demonstrates strong timing discipline: 4 of 5 prior sales at this ticker generated negative 90-day returns, indicating he historically sells before price declines. His cross-ticker track record shows a 25.00% well-timed rate on 20 prior sells. The absence of any post-transaction holdings and the magnitude of this liquidation merit observation given the company's solid fundamentals (P/E 11.85, annual revenue growth of +3.8%) and the relative rarity of complete insider position exits in a bank of this size ($32.9B market cap).

Sr. EVP Kay Christopher E. sold 5.2K MTB shares ($191.70) on 2025-11-26, reducing holdings by 48.8% to 5.5K shares.

Christopher E. Kay executed a substantial sale of 5,250 shares at $191.70, liquidating roughly half of his position. The current price of $190.22 indicates he sold near market levels, and while the stock is down 4.4% over 90 days, it remains within a moderate range of recent trading. The company shows solid fundamentals with net income of $792,000,000.00 and a conservative P/E of 10.54, consistent with a stable financial services operation. This sale reduces his direct equity stake materially but leaves him with meaningful residual holdings of 5,501 shares, suggesting incomplete exit.

Director Robert E Sadler Jr sold 6,000 MTB shares at $190.06; holding reduced 26.0%, stock currently $190.24 vs. 52-week high $221.95

Director Sadler sold 6,000 shares (26.0% of his holdings) for $1.1M at $190.06 on 2025-11-25, reducing his stake from 23,070 to 17,070 shares. The sale occurred near the stock's current level of $190.24 but well below the 52-week high of $221.95 (down 14.3%), during a period when MTB has gained 4.0% over 30 days despite a 5.3% decline over 90 days. His prior MTB sale on 2025-06-12 showed a 90-day return of +8.0%, indicating the stock rose after that prior sale—not a well-timed pattern for predicting downside. The company's fundamentals appear stable with a P/E of 10.55, quarterly net income of $792.0M, and annual revenue growth of 3.8%, which does not suggest fundamental deterioration triggering urgent liquidation. The sale represents a material reduction in director holdings but without clear confirmation from prior transaction timing or stressed valuation metrics that this disposition reflects forward-looking concern rather than routine portfolio activity.

SVP Tracy S. sold 3,429 MTB shares at $202.12; holdings decline to 6,952 shares (-33.0%)

Tracy S., Sr. Executive Vice President at M&T Bank, sold 3,429 shares (7.0K shares) at $202.12 on 2025-08-29, representing a 33.0% reduction in his shareholdings from 10,381 to 6,952 shares. The sale price of $202.12 sits near the 52-week midrange; the stock has since declined 10.5% from its 52-week high of $221.95 but has gained 5.5% over 30 days and 10.4% over 90 days, suggesting modest forward momentum at the time of this filing review. MTB trades at a P/E of 11.48 with a $31.0B market cap and recently reported quarterly net income of $716.0M, indicating a stable financial profile. The material reduction in a senior executive's personal stake—approaching one-third of prior holdings—merits monitoring for capital allocation strategy or personal liquidity decisions.

M&T Bank Director Barnes sells 15,000 shares for $3.0M, reducing holdings 45.6% to 17.9K shares.

Director John P. Barnes sold 15,000 shares at $199.79 on 2025-08-22 for $2,996,793.00, cutting his holdings from 32.9K to 17.9K shares—a 45.6% reduction. The sale occurred near the 52-week high ($221.95), with the stock currently trading at $200.15, down 9.8% from its peak. His prior trades at MTB show a 60% success rate on the 90-day mark (3 of 5 prior sales saw subsequent declines), and his cross-ticker track record shows a 20.00% well-timed rate with an average 90-day return of +4.7% after sells—indicating that his prior sales generally preceded stock appreciation rather than declines. The significant reduction in stake, combined with the proximity to the 52-week high, warrants monitoring to assess whether this signals a material shift in his conviction at a $31.3B market-cap institution with an 11.58 P/E ratio.

Vice Chairman Kevin J Pearson sold entire 24,417-share position for $4,718,034.69 across 4 transactions on 2025-08-14

Kevin J Pearson, Vice Chairman of M&T Bank, executed a complete liquidation of his shareholding on 2025-08-14, selling 24,417 shares across 4 separate transactions at prices ranging from $192.43 to $194.08 (blended average $193.23). The aggregate proceeds totaled $4,718,034.69. This represents a 100% reduction in his reported holdings at the company. The sales occurred when the stock was trading -14.1% from its 52-week high of $221.95, and subsequent to the filing date the stock has declined 2.8% over 30 days. His prior sale at MTB on 2024-11-01 posted a 90-day return of 3.1%, placing that earlier trade outside a pattern of well-timed exits (0 of 1 prior MTB sells were well-timed at the 90-day mark). The fundamental backdrop shows M&T with strong net income of $716,000,000.00 against quarterly revenue of $417,000,000.00, a 3.8% year-over-year revenue growth rate, and a P/E of 11.03.