M&T Bank insider activity
What the executives and directors of M&T Bank actually did with their own shares, decoded from their SEC Form 4 filings. Each figure says the stretch of time it covers.
−$26M
net open-market flow, 12 m
0 open-market buys, 12 m
41.9%
of sale value on 10b5-1 plans, 12 m
1,062 days since an insider bought, whole record
The tape: three years of insider trades
Open-market buy
Discretionary sale
Planned sale (10b5-1)
Reported-price path
Routine
Every marker sits at the price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the grey strip is the routine flow (grants, vestings, tax withholding and gifts) that a headline gets wrong by counting it as selling.
The 153 routine events on the chart, as a list
| Date | Insider | Shares |
|---|---|---|
| Sep 14, 2026 | JONES RENE F | 32K |
| Jul 31, 2026 | Bible Daryl N. | 3,043 |
| Jul 31, 2026 | Jacobs Jeremy M Jr | 589 |
| Jul 1, 2026 | Woodrow Tracy S. | 881 |
| Jun 15, 2026 | Taylor John R. | 269 |
| Jun 9, 2026 | PEARSON KEVIN J | 23K |
| Apr 30, 2026 | RICH MELINDA R | 664 |
| Apr 30, 2026 | SALAMONE DENIS J | 664 |
| Apr 30, 2026 | GODRIDGE LESLIE V | 664 |
| Apr 30, 2026 | WASHINGTON HERBERT L | 664 |
| Apr 30, 2026 | BARNES JOHN P | 664 |
| Apr 30, 2026 | WALTERS KIRK W | 664 |
| Apr 30, 2026 | Chwick Jane | 664 |
| Apr 30, 2026 | Cruger William Frank Jr. | 687 |
| Apr 30, 2026 | Ledgett Richard H. Jr. | 664 |
| Apr 30, 2026 | Seseri Rudina | 664 |
| Apr 30, 2026 | Charles Carlton J. | 664 |
| Feb 26, 2026 | Wisler Michael A. | 4,751 |
| Feb 13, 2026 | Woodrow Tracy S. | 4,269 |
| Feb 13, 2026 | JONES RENE F | 24K |
| Feb 13, 2026 | PEARSON KEVIN J | 10K |
| Feb 13, 2026 | Kay Christopher E. | 5,828 |
| Feb 13, 2026 | Urban Julianne | 1,286 |
| Feb 13, 2026 | O'Hara Laura P. | 2,572 |
| Feb 13, 2026 | D'Arcy Peter | 4,475 |
| Feb 13, 2026 | Taylor John R. | 330 |
| Feb 13, 2026 | Wisler Michael A. | 3,491 |
| Feb 2, 2026 | JONES RENE F | 86K |
| Jan 30, 2026 | GEISEL GARY N | 19 |
| Jan 30, 2026 | JONES RENE F | 22K |
| Jan 30, 2026 | PEARSON KEVIN J | 8,378 |
| Jan 30, 2026 | SADLER ROBERT E JR | 37 |
| Jan 30, 2026 | Bible Daryl N. | 4,824 |
| Jan 30, 2026 | Kay Christopher E. | 5,091 |
| Jan 30, 2026 | Urban Julianne | 1,215 |
| Jan 30, 2026 | O'Hara Laura P. | 2,607 |
| Jan 30, 2026 | Woodrow Tracy S. | 3,182 |
| Jan 30, 2026 | D'Arcy Peter | 4,133 |
| Jan 30, 2026 | Taylor John R. | 800 |
| Jan 30, 2026 | Wisler Michael A. | 3,524 |
| Jan 30, 2026 | Singh Neeraj | 562 |
| Jan 21, 2026 | JONES RENE F | 43K |
| Jan 8, 2026 | JONES RENE F | 41K |
| Dec 11, 2025 | JONES RENE F | 34K |
| Nov 28, 2025 | Singh Neeraj | 328 |
| Sep 24, 2025 | SADLER ROBERT E JR | 1,000 |
| Aug 29, 2025 | Woodrow Tracy S. | 3,429 |
| Aug 14, 2025 | PEARSON KEVIN J | 17K |
| Jul 31, 2025 | Bible Daryl N. | 3,043 |
| Jul 3, 2025 | JONES RENE F | 64K |
| Apr 30, 2025 | RICH MELINDA R | 855 |
| Apr 30, 2025 | SALAMONE DENIS J | 855 |
| Apr 30, 2025 | GODRIDGE LESLIE V | 855 |
| Apr 30, 2025 | GEISEL GARY N | 884 |
| Apr 30, 2025 | SADLER ROBERT E JR | 855 |
| Apr 30, 2025 | WASHINGTON HERBERT L | 855 |
| Apr 30, 2025 | BARNES JOHN P | 855 |
| Apr 30, 2025 | WALTERS KIRK W | 855 |
| Apr 30, 2025 | Chwick Jane | 855 |
| Apr 30, 2025 | Cruger William Frank Jr. | 855 |
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
The chart, in numbers
| Flow | Shares |
|---|---|
| From holdings | 28K |
| Granted | 108K |
| Vested / exercised | 133K |
| Withheld for tax | 148K |
| Planned sales (10b5-1) | 48K |
| Discretionary sales | 69K |
| Gifts | 3,444 |
Skin in the game
Directly held shares as reported after each trade, indexed to 100 at the start of the window, up to five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
The chart, in numbers
| Insider | Start of the window | Latest reported | Indexed, start = 100 |
|---|---|---|---|
| JONES RENE F | 67K | 104K | 153.9 |
| SALAMONE DENIS J | 64K | 45K | 70.6 |
| SADLER ROBERT E JR | 47K | 28K | 59.1 |
| PEARSON KEVIN J | 39K | 44K | 112.6 |
Who holds what
the 14 largest holdings of 32| Insider | Role | Shares held | Buys 12 m | Sales 12 m | 12 m | Last trade |
|---|---|---|---|---|---|---|
| JONES RENE F Chairman of the Board and CEO Last trade Sep 14, 2026 | CEO | 139K | – | $4.6M | net selling over the year: 0 months buying, 1 month selling | Sep 14, 2026 |
| King Darren J Sr. Executive Vice President Last trade Nov 4, 2019 | Officer | 63K | – | – | Nov 4, 2019 | |
| SALAMONE DENIS J Last trade Nov 25, 2024 | Director | 45K | – | – | Nov 25, 2024 | |
| SADLER ROBERT E JR Last trade Nov 25, 2025 | Director | 45K | – | $1.1M | net selling over the year: 0 months buying, 1 month selling | Nov 25, 2025 |
| PEARSON KEVIN J Vice Chairman Last trade Jul 15, 2026 | Officer | 44K | – | $6.2M | net selling over the year: 0 months buying, 2 months selling | Jul 15, 2026 |
| Bible Daryl N. Sr. EVP & CFO Last trade Oct 25, 2023 | CFO | 27K | – | – | Oct 25, 2023 | |
| RICH MELINDA R | Director | 24K | – | – | – | |
| BRADY ROBERT T Last trade Mar 2, 2015 | Director | 22K | – | – | Mar 2, 2015 | |
| Bojdak Robert J Sr. Executive Vice President Last trade Nov 21, 2023 | Officer | 19K | – | – | Nov 21, 2023 | |
| WASHINGTON HERBERT L | Director | 18K | – | – | – | |
| GEISEL GARY N Last trade Jan 28, 2026 | Director | 16K | – | $191K | net selling over the year: 0 months buying, 1 month selling | Jan 28, 2026 |
| BARNES JOHN P Last trade Feb 9, 2026 | Director | 16K | – | $8.9M | net selling over the year: 0 months buying, 2 months selling | Feb 9, 2026 |
| CUNNINGHAM T JEFFERSON III Last trade Jul 22, 2008 | Director | 14K | – | – | Jul 22, 2008 | |
| D'Arcy Peter Sr. Executive Vice President Last trade Jul 22, 2025 | Officer | 14K | – | – | Jul 22, 2025 |
Open-market trade log
the 60 most recent of 2,139| Date | Insider | Type | Shares | Price | Value | Since trade | Filed |
|---|---|---|---|---|---|---|---|
| Sep 14, 2026 | JONES RENE F (CEO) 19K shares $239.35 +0.0% since trade filed Sep 16, 2026 | Planned sale (10b5-1) | 19K | $239.35 | $4.6M | +0.0% | Sep 16, 2026 |
| Aug 21, 2026 | Seseri Rudina (Director) 623 shares $241.05 −0.7% since trade filed Aug 25, 2026 | Discretionary sale | 623 | $241.05 | $150K | −0.7% | Aug 25, 2026 |
| Aug 17, 2026 | Taylor John R. (Officer) 1,217 shares $253.84 −5.7% since trade filed Aug 19, 2026 | Discretionary sale | 1,217 | $253.84 | $309K | −5.7% | Aug 19, 2026 |
| Aug 5, 2026 | WALTERS KIRK W (Director) 9 shares $253.77 −5.7% since trade filed Aug 7, 2026 | Discretionary sale | 9 | $253.77 | $2K | −5.7% | Aug 7, 2026 |
| Aug 3, 2026 | Ledgett Richard H. Jr. (Director) 855 shares $248.16 −3.6% since trade filed Aug 4, 2026 | Discretionary sale | 855 | $248.16 | $212K | −3.6% | Aug 4, 2026 |
| Jul 15, 2026 | PEARSON KEVIN J (Officer) 2,000 shares $242.00 −1.1% since trade filed Jul 16, 2026 | Planned sale (10b5-1) | 2,000 | $242.00 | $484K | −1.1% | Jul 16, 2026 |
| Jul 1, 2026 | Woodrow Tracy S. (Officer) 881 shares $242.00 −1.1% since trade filed Jul 6, 2026 | Planned sale (10b5-1) | 881 | $242.00 | $213K | −1.1% | Jul 6, 2026 |
| Jun 15, 2026 | Taylor John R. (Officer) 1,098 shares $233.23 +2.6% since trade filed Jun 17, 2026 | Discretionary sale | 1,098 | $233.23 | $256K | +2.6% | Jun 17, 2026 |
| Jun 9, 2026 | PEARSON KEVIN J (Officer) 4,636 shares $226.70 +5.6% since trade filed Jun 11, 2026 | Planned sale (10b5-1) | 4,636 | $226.70 | $1.1M | +5.6% | Jun 11, 2026 |
| Jun 9, 2026 | PEARSON KEVIN J (Officer) 19K shares $225.20 +6.3% since trade filed Jun 11, 2026 | Planned sale (10b5-1) | 19K | $225.20 | $4.2M | +6.3% | Jun 11, 2026 |
| Jun 4, 2026 | PEARSON KEVIN J (Officer) 2,000 shares $220.00 +8.8% since trade filed Jun 8, 2026 | Planned sale (10b5-1) | 2,000 | $220.00 | $440K | +8.8% | Jun 8, 2026 |
| May 7, 2026 | Kay Christopher E. (Officer) 3,105 shares $216.50 +10.6% since trade filed May 11, 2026 | Discretionary sale | 3,105 | $216.50 | $672K | +10.6% | May 11, 2026 |
| Feb 26, 2026 | Wisler Michael A. (Officer) 8,237 shares $223.48 +7.1% since trade filed Mar 2, 2026 | Discretionary sale | 8,237 | $223.48 | $1.8M | +7.1% | Mar 2, 2026 |
| Feb 11, 2026 | Woodrow Tracy S. (Officer) 1,053 shares $234.21 +2.2% since trade filed Feb 12, 2026 | Discretionary sale | 1,053 | $234.21 | $247K | +2.2% | Feb 12, 2026 |
| Feb 9, 2026 | BARNES JOHN P (Director) 21K shares $235.85 +1.5% since trade filed Feb 11, 2026 | Discretionary sale | 21K | $235.85 | $5.0M | +1.5% | Feb 11, 2026 |
| Feb 3, 2026 | WALTERS KIRK W (Director) 909 shares $227.37 +5.3% since trade filed Feb 5, 2026 | Discretionary sale | 909 | $227.37 | $207K | +5.3% | Feb 5, 2026 |
| Feb 2, 2026 | Taylor John R. (Officer) 704 shares $225.34 +6.2% since trade filed Feb 3, 2026 | Discretionary sale | 704 | $225.34 | $159K | +6.2% | Feb 3, 2026 |
| Jan 28, 2026 | GEISEL GARY N (Director) 887 shares $215.79 +10.9% since trade filed Jan 30, 2026 | Discretionary sale | 887 | $215.79 | $191K | +10.9% | Jan 30, 2026 |
| Jan 22, 2026 | BARNES JOHN P (Director) 18K shares $220.81 +8.4% since trade filed Jan 23, 2026 | Discretionary sale | 18K | $220.81 | $3.9M | +8.4% | Jan 23, 2026 |
| Nov 26, 2025 | Kay Christopher E. (Officer) 5,250 shares $191.70 +24.9% since trade filed Dec 1, 2025 | Discretionary sale | 5,250 | $191.70 | $1.0M | +24.9% | Dec 1, 2025 |
| Nov 25, 2025 | SADLER ROBERT E JR (Director) 6,000 shares $190.06 +25.9% since trade filed Nov 26, 2025 | Discretionary sale | 6,000 | $190.06 | $1.1M | +25.9% | Nov 26, 2025 |
| Aug 29, 2025 | Woodrow Tracy S. (Officer) 3,429 shares $202.12 +18.4% since trade filed Sep 3, 2025 | Discretionary sale | 3,429 | $202.12 | $693K | +18.4% | Sep 3, 2025 |
| Aug 26, 2025 | Taylor John R. (Officer) 448 shares $199.78 +19.8% since trade filed Aug 28, 2025 | Discretionary sale | 448 | $199.78 | $90K | +19.8% | Aug 28, 2025 |
| Aug 22, 2025 | BARNES JOHN P (Director) 15K shares $199.79 +19.8% since trade filed Aug 26, 2025 | Discretionary sale | 15K | $199.79 | $3.0M | +19.8% | Aug 26, 2025 |
| Aug 14, 2025 | PEARSON KEVIN J (Officer) 2,366 shares $194.08 +23.3% since trade filed Aug 18, 2025 | Discretionary sale | 2,366 | $194.08 | $459K | +23.3% | Aug 18, 2025 |
| Aug 14, 2025 | PEARSON KEVIN J (Officer) 4,330 shares $192.80 +24.1% since trade filed Aug 18, 2025 | Discretionary sale | 4,330 | $192.80 | $835K | +24.1% | Aug 18, 2025 |
| Aug 14, 2025 | PEARSON KEVIN J (Officer) 6,762 shares $192.43 +24.4% since trade filed Aug 18, 2025 | Discretionary sale | 6,762 | $192.43 | $1.3M | +24.4% | Aug 18, 2025 |
| Aug 14, 2025 | PEARSON KEVIN J (Officer) 11K shares $193.71 +23.6% since trade filed Aug 18, 2025 | Discretionary sale | 11K | $193.71 | $2.1M | +23.6% | Aug 18, 2025 |
| Jul 22, 2025 | D'Arcy Peter (Officer) 524 shares $197.82 +21.0% since trade filed Jul 24, 2025 | Discretionary sale | 524 | $197.82 | $104K | +21.0% | Jul 24, 2025 |
| Jul 22, 2025 | D'Arcy Peter (Officer) 1,937 shares $197.17 +21.4% since trade filed Jul 24, 2025 | Discretionary sale | 1,937 | $197.17 | $382K | +21.4% | Jul 24, 2025 |
| Jul 21, 2025 | Ledgett Richard H. Jr. (Director) 1,277 shares $197.48 +21.2% since trade filed Jul 23, 2025 | Discretionary sale | 1,277 | $197.48 | $252K | +21.2% | Jul 23, 2025 |
| Jun 12, 2025 | SADLER ROBERT E JR (Director) 6,700 shares $183.52 +30.4% since trade filed Jun 16, 2025 | Discretionary sale | 6,700 | $183.52 | $1.2M | +30.4% | Jun 16, 2025 |
| Mar 12, 2025 | KAY CHRISTOPHER E (Officer) 1,738 shares $172.34 +38.9% since trade filed Mar 14, 2025 | Discretionary sale | 1,738 | $172.34 | $300K | +38.9% | Mar 14, 2025 |
| Dec 3, 2024 | GEISEL GARY N (Director) 2,490 shares $215.89 +10.9% since trade filed Dec 5, 2024 | Discretionary sale | 2,490 | $215.89 | $538K | +10.9% | Dec 5, 2024 |
| Nov 26, 2024 | Woodrow Tracy S. (Officer) 2,121 shares $220.75 +8.4% since trade filed Nov 29, 2024 | Discretionary sale | 2,121 | $220.75 | $468K | +8.4% | Nov 29, 2024 |
| Nov 25, 2024 | SALAMONE DENIS J (Director) 10K shares $223.41 +7.1% since trade filed Nov 27, 2024 | Discretionary sale | 10K | $223.41 | $2.2M | +7.1% | Nov 27, 2024 |
| Nov 21, 2024 | BARNES JOHN P (Director) 1,348 shares $216.44 +10.6% since trade filed Nov 25, 2024 | Discretionary sale | 1,348 | $216.44 | $292K | +10.6% | Nov 25, 2024 |
| Nov 21, 2024 | BARNES JOHN P (Director) 1,558 shares $216.33 +10.6% since trade filed Nov 25, 2024 | Discretionary sale | 1,558 | $216.33 | $337K | +10.6% | Nov 25, 2024 |
| Nov 21, 2024 | BARNES JOHN P (Director) 17K shares $217.63 +10.0% since trade filed Nov 25, 2024 | Discretionary sale | 17K | $217.63 | $3.7M | +10.0% | Nov 25, 2024 |
| Nov 14, 2024 | Wisler Michael A. (Officer) 11K shares $213.04 +12.4% since trade filed Nov 18, 2024 | Discretionary sale | 11K | $213.04 | $2.4M | +12.4% | Nov 18, 2024 |
| Nov 12, 2024 | Todaro Michael J. (Officer) 4,786 shares $214.10 +11.8% since trade filed Nov 14, 2024 | Discretionary sale | 4,786 | $214.10 | $1.0M | +11.8% | Nov 14, 2024 |
| Nov 6, 2024 | WALTERS KIRK W (Director) 446 shares $204.00 +17.3% since trade filed Nov 8, 2024 | Discretionary sale | 446 | $204.00 | $91K | +17.3% | Nov 8, 2024 |
| Nov 6, 2024 | WALTERS KIRK W (Director) 779 shares $206.05 +16.2% since trade filed Nov 8, 2024 | Discretionary sale | 779 | $206.05 | $161K | +16.2% | Nov 8, 2024 |
| Nov 6, 2024 | WALTERS KIRK W (Director) 1,590 shares $210.22 +13.9% since trade filed Nov 8, 2024 | Discretionary sale | 1,590 | $210.22 | $334K | +13.9% | Nov 8, 2024 |
| Nov 6, 2024 | WALTERS KIRK W (Director) 2,230 shares $209.02 +14.5% since trade filed Nov 8, 2024 | Discretionary sale | 2,230 | $209.02 | $466K | +14.5% | Nov 8, 2024 |
| Nov 6, 2024 | WALTERS KIRK W (Director) 2,545 shares $205.00 +16.8% since trade filed Nov 8, 2024 | Discretionary sale | 2,545 | $205.00 | $522K | +16.8% | Nov 8, 2024 |
| Nov 6, 2024 | WALTERS KIRK W (Director) 2,758 shares $210.05 +14.0% since trade filed Nov 8, 2024 | Discretionary sale | 2,758 | $210.05 | $579K | +14.0% | Nov 8, 2024 |
| Nov 6, 2024 | WALTERS KIRK W (Director) 6,287 shares $207.76 +15.2% since trade filed Nov 8, 2024 | Discretionary sale | 6,287 | $207.76 | $1.3M | +15.2% | Nov 8, 2024 |
| Nov 1, 2024 | PEARSON KEVIN J (Officer) 7,500 shares $195.88 +22.2% since trade filed Nov 5, 2024 | Discretionary sale | 7,500 | $195.88 | $1.5M | +22.2% | Nov 5, 2024 |
| Oct 30, 2024 | SADLER ROBERT E JR (Director) 2,000 shares $198.00 +20.9% since trade filed Nov 1, 2024 | Discretionary sale | 2,000 | $198.00 | $396K | +20.9% | Nov 1, 2024 |
| Oct 28, 2024 | JONES RENE F (CEO) 23K shares $193.88 +23.5% since trade filed Oct 30, 2024 | Discretionary sale | 23K | $193.88 | $4.5M | +23.5% | Oct 30, 2024 |
| Oct 28, 2024 | O'Hara Laura P. (Officer) 4,855 shares $196.93 +21.5% since trade filed Oct 30, 2024 | Discretionary sale | 4,855 | $196.93 | $956K | +21.5% | Oct 30, 2024 |
| Oct 28, 2024 | Taylor John R. (Officer) 1,436 shares $195.03 +22.7% since trade filed Oct 30, 2024 | Discretionary sale | 1,436 | $195.03 | $280K | +22.7% | Oct 30, 2024 |
| Oct 22, 2024 | BARNES JOHN P (Director) 20K shares $193.97 +23.4% since trade filed Oct 24, 2024 | Discretionary sale | 20K | $193.97 | $3.9M | +23.4% | Oct 24, 2024 |
| Sep 3, 2024 | SALAMONE DENIS J (Director) 10K shares $172.03 +39.1% since trade filed Sep 5, 2024 | Discretionary sale | 10K | $172.03 | $1.7M | +39.1% | Sep 5, 2024 |
| Aug 23, 2024 | WALTERS KIRK W (Director) 1,384 shares $24.65 +871.0% since trade filed Nov 5, 2024 late | Discretionary sale | 1,384 | $24.65 | $34K | +871.0% | Nov 5, 2024 late |
| Aug 22, 2024 | WALTERS KIRK W (Director) 10K shares $24.63 +871.8% since trade filed Nov 5, 2024 late | Discretionary sale | 10K | $24.63 | $257K | +871.8% | Nov 5, 2024 late |
| Aug 21, 2024 | WALTERS KIRK W (Director) 3,492 shares $24.62 +872.2% since trade filed Nov 5, 2024 late | Discretionary sale | 3,492 | $24.62 | $86K | +872.2% | Nov 5, 2024 late |
| Aug 20, 2024 | WALTERS KIRK W (Director) 5,097 shares $24.60 +873.0% since trade filed Aug 20, 2024 | Discretionary sale | 5,097 | $24.60 | $125K | +873.0% | Aug 20, 2024 |
| Aug 19, 2024 | WALTERS KIRK W (Director) 2,471 shares $24.60 +873.0% since trade filed Aug 20, 2024 | Discretionary sale | 2,471 | $24.60 | $61K | +873.0% | Aug 20, 2024 |
“Since trade” compares with the latest insider-implied price, not a market quote: these pages are built from filings alone. A role here is the one on that day's Form 4, so somebody promoted since appears under both titles.
Filing hygiene
226 Forms 4, 3 years
0 filed late
2 amendments
2.1 avg. days to file
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.