M&T BANK CORP — Director's Dealing 2025

Feb 5, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: M&T BANK CORP (MTB)
CIK: 0000036270
Period of Report: 2025-01-31

Reporting Person: SADLER ROBERT E JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-01-31	Common Stock	A	40	—	Acquired	18158	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	29770	Indirect
Common Stock	19398	Indirect
Common Stock	31295	Indirect

Footnotes

F1: This transaction represents a stock award received by the reporting person pursuant to the M&T Bank Corporation 2019 Equity Incentive Compensation Plan (the "Equity Plan") for service on a regional Directors Advisory Council of M&T Bank.

F2: The stock award was granted under the Equity Plan, and therefore the reporting person paid no price for the award.

F3: Reflects 6,305 shares distributed from the GRAT to the reporting person on December 6. 2024 in satisfaction of the GRAT's annuity obligation. See footnote (5) for information regarding the GRAT.

F4: The indicated shares are held by the Sadler Family Foundation, a charitable trust in which the reporting person has no pecuniary interest. The reporting person is a trustee of the Sadler Family Foundation and holds voting and dispositive power over the shares held by it.

F5: On December 7, 2023, the reporting person transferred 37,600 shares of M&T Bank Corporation common stock from his direct holdings to a Grantor Retained Annuity Trust ("GRAT") of which the reporting person is the trustee. The reporting person continues to report the beneficial ownership of all of the M&T Bank Corporation common stock held by the GRAT but disclaims beneficial ownership except to the extent of his pecuniary interest therein.