This cluster is routine and non-informative. The dollar amount is negligible for a $36B bank, both sellers are directors (not C-suite), and insider sales clusters are weak predictors per academic literature. No trading action warranted.
Price Chart
Executive Summary
Two MTB directors sold a combined $215K in open-market sales over a 3-day window. The total value is 0.0006% of MTB's $36.1B market cap — a trivial amount. Both sellers are non-executive directors, not C-suite. The sales are immaterial relative to company size and carry no predictive signal per the academic literature on insider sales clusters.
Key Financial Metrics
Key Facts
- Two MTB directors sold shares in open-market transactions totaling $215K
- Sales occurred on Aug 3 and Aug 5, 2026, within a 3-day window
- Total sales represent ~0.0006% of MTB's $36.1B market cap
- Both sellers are non-executive directors (Kirk W. Walters and Richard H. Ledgett Jr.)
- No C-suite executives participated in the cluster
Financial Impact
Total insider sales of $215K, representing 0.0006% of market cap — economically trivial
Risk Factors
- No material risk identified from this filing
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-MTB-1786165735991 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 14, 2026 17d ago | 8-K | $235.37 $227.31 | ▼ −3.42% | ▼ −4.24% | $219.14 (−6.90%) |
Aug 25, 2026 5w ago | Insider Cluster | $240.41 $232.02 | ▼ −3.49% | ▼ −2.95% | $219.14 (−8.85%) |
Aug 18, 2026 6w ago | Press Release | $244.55 $241.54 | ▼ −1.23% | ▼ −0.84% | $219.14 (−10.39%) |
Aug 7, 2026 8w ago | Insider Cluster | $250.45 $254.09 | ▲ +1.45% | ▲ +1.06% | $219.14 (−12.50%) |
Aug 3, 2026 8w ago | Press Release | $249.48 $251.13 | ▲ +0.66% | ▼ −1.37% | $219.14 (−12.16%) |
Jul 24, 2026 10w ago | Court Ruling | $249.60 $247.00 | ▼ −1.04% | ▼ −1.42% | $219.14 (−12.20%) |
Jul 16, 2026 11w ago | 424B5 | $254.04 $245.97 | ▼ −3.18% | ▼ −1.51% | $219.14 (−13.74%) |
Jul 15, 2026 11w ago | 8-K | $248.53 $250.73 | ▲ +0.89% | ▲ +1.87% | $219.14 (−11.83%) |
Jul 15, 2026 11w ago | Press Release | $248.53 $250.73 | ▲ +0.89% | ▲ +1.87% | $219.14 (−11.83%) |
Jun 16, 2026 15w ago | 8-K | $228.35 $231.24 | ▲ +1.27% | ▲ +3.50% | $219.14 (−4.03%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access