Todaro Michael J.

M&T Bank Sr. EVP Todaro sold 4,786 shares at $214.10 on 2024-11-12, reducing holdings by 63.2%.

Michael J. Todaro, Sr. Executive Vice President, sold 4,786 shares (4.8K shares) for $1,024,693.13 on 2024-11-12 at $214.10 per share, reducing his holdings from 7,573 shares to 2,787 shares—a 63.2% reduction. The sale occurred near the 52-week high of $216.56, with the stock up 30.8% over 90 days and 14.7% over 30 days. However, his prior sale at this ticker on 2024-08-09 was followed by a 90-day return of +28.0%, indicating that sale was not well-timed (the stock rose after he sold). His cross-ticker track record shows 1 prior sell with a 90-day well-timed rate of 0.00%, suggesting limited predictive signal from his selling pattern. MTB's fundamentals are solid: the stock trades at a P/E of 14.81 with recent quarterly net income of $721,000,000 and 17.9% annual revenue growth, providing no obvious distress signal.

SVP Michael J. Todaro sold 4,791 shares of MTB at $162.58; holdings reduced 60.8% to 3,086 shares.

Michael J. Todaro, Sr. Executive Vice President, executed a substantial sale of 4,791 shares at $162.58, reducing his holdings from 7,877 to 3,086 shares—a 60.8% reduction in his personal position. The transaction occurred at a price $2.25 above the current market price of $160.33, and within 8.3% of the 52-week high of $174.90, suggesting execution near recent peak valuations. M&T Bank's fundamentals show strong recent performance with annual revenue growth of +17.9% and a moderate P/E of 11.35, providing no obvious distress signal. The magnitude of this equity reduction—from substantial to minimal holdings—represents a material shift in the executive's personal stake in the company, which warrants investor attention to the underlying reasoning behind the significant divestment.