Key facts
- M&T Bank Corp. filed a Form 144 on June 4.
- The filing signals an insider's intention to sell company securities.
- Form 144 is a notice of intended sale filed with the SEC.
M&T Bank Corp. submitted a Form 144 filing on June 4. This filing is required when an insider or affiliate of a public company plans to sell a substantial quantity of stock. It serves as a notification to the Securities and Exchange Commission (SEC) of the intended sale. The filing does not confirm the sale has occurred but registers the intention to sell. The sale must be completed within a specified timeframe after the filing.