{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-094296","form_type":"8-K","ticker":"MTB","cik":"0000036270","company_name":"M&T BANK CORP","filed_at":"2022-04-04T23:59:59+00:00","discovered_at":"2026-05-14T18:04:03.238505+00:00","generated_at":"2026-06-26T09:55:42.325240+00:00","sec_items":["2.01","2.03","3.03","5.02","5.03","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"M&T completes $8.3B acquisition of People's United, creating $200B bank","bullets":["Deal valued at $8.3B; each PBCT share converted into 0.118 MTB share.","Combined company has $200B in assets, 22,000 employees, 1,000+ branches across 12 states and D.C.","M&T assumed $75M 5.75% sub notes due 2024, $500M 3.65% senior notes due 2022, and $400M 4.00% sub notes due 2024.","Four People's United directors elected to M&T board: John Barnes, Kirk Walters, Jane Chwick, William Cruger.","Non-compete payments of $18M to John Barnes and $6M to Kirk Walters made effective April 1, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-094296","json":"https://secwatch.observer/filing/0001193125-22-094296.json","markdown":"https://secwatch.observer/filing/0001193125-22-094296.md","text":"https://secwatch.observer/filing/0001193125-22-094296.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/36270/000119312522094296/0001193125-22-094296-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/36270/000119312522094296/d349120d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T09:55:42.325240+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"47870dfac0","claim":"John P. Barnes was elected as Director at M&T BANK CORP.","evidence_excerpt":"the Board of Directors of M&T (the “Board”) elected to the Board John P. Barnes, the Chief Executive Officer and Chairman of the Board of People’s United immediately prior to Effective Time","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/36270/000119312522094296/0001193125-22-094296-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}