BARNES JOHN P

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).

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.

Director John P. Barnes sells 20,000 MTB shares at $217.45 avg; stock +15.3% in 30d, +32.6% in 90d.

John P. Barnes, a director at M&T Bank, executed 3 separate sales totaling 20,000 shares for $4,349,024.97, reducing his position from 52,866 to 32,866 shares (a 37.8% reduction). The sales occurred at a blended average price of $217.45; the stock now trades at $221.95, representing a $4.50 gain per share, or a 2.1% move above the transaction prices. Over the 30-day period following this filing, MTB has risen +15.3%; over 90 days, +32.6%. At the same ticker (MTB), Barnes's 4 prior measurable sells showed 0 instances of well-timed exits at the 90-day mark, with all four exhibiting positive 90-day returns (indicating he sold before subsequent gains). His cross-ticker track record across 20 prior sells shows an average 90-day return of +7.3% with a well-timed rate of 5.26%, suggesting a pattern of selling into strength rather than before declines. This filing occurs on a stock trading at its 52-week high of $221.95, and the fundamental backdrop shows healthy growth (revenue up 17.9% YoY, P/E of 15.41).

Director John P. Barnes sold 20,000 MTB shares for $3.9M on 2024-10-22; 28.6% reduction in holdings near 52-week high.

Director John P. Barnes sold 20,000 shares (28.6% of pre-transaction holdings) at $193.97, reducing his position from 69,960 to 49,960 shares. The sale occurred near the 52-week high of $198.87, with MTB currently trading at $194.50. Across his cross-ticker track record, 20 prior sells have averaged +7.3% returns over 90 days with a well-timed rate of 5.00%, indicating his sales historically precede stock gains rather than declines. At MTB specifically, all 5 prior sales show positive 90-day returns (ranging from +3.6% to +13.5%), with 0 of 5 well-timed at the 90-day mark—the opposite of a successful exit pattern. The company fundamentals are solid: $388.0M quarterly revenue, $655.0M net income, +17.9% annual revenue growth, and a modest P/E of 13.77. The timing near a 52-week peak combined with his consistent pattern of selling MTB shares before price appreciation suggests this sale does not reflect a strategic response to deteriorating conditions.