M&T Bank (NYSE:MTB) CEO Sells $4,642,432.60 in Stock
MarketBeat
M&T Bank Corporation (NYSE:MTB - Get Free Report) CEO Rene Jones sold 19,396 shares of M&T Bank stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $239.35, for a total transaction of $4,642,432.60. Following the completion of the transaction, the chief executive officer directly owned 103,831 shares in the company, valued at approximately $24,851,949.85. This represents a 15.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
NYSE:MTB
