Director at S&T Bancorp (STBA) exercises 1,290 RSUs, gets 1,136 grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
S&T Bancorp Inc. director Christina Anne Cassotis reported compensation-related equity activity. On May 12, 2026, she exercised 1,290 Director Restricted Stock Units, receiving the same number of common shares at a reference price of $44.03 per share.
She also received a new grant of 1,136 Director Restricted Stock Units, each representing a contingent right to one share of common stock. These units vest in 364 days from issuance. After these moves, she directly holds 16,601.7854 common shares. No open-market buying or selling was reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,290 shares exercised/converted
Mixed
3 txns
Insider
Cassotis Christina Anne
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Director Restricted Stock Units | 1,290 | $0.00 | -- |
| Grant/Award | Director Restricted Stock Units | 1,136 | $0.00 | -- |
| Exercise | Common Stock | 1,290 | $44.03 | $57K |
Holdings After Transaction:
Director Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 16,601.785 shares (Direct, null)
Footnotes (1)
- Upon vest, automatically converts into equal number of shares of common stock. Each restricted stock unit represents a contingent right to receive one share of S&T Bancorp, Inc. common stock. The restricted stock units vest in 364 days from date of issuance. Vested shares will be delivered to the reporting person upon vesting.
Key Figures
RSUs exercised: 1,290 shares
Reference share price: $44.03 per share
New RSU grant: 1,136 units
+1 more
4 metrics
RSUs exercised
1,290 shares
Director Restricted Stock Units converted to common stock on May 12, 2026
Reference share price
$44.03 per share
Common Stock line associated with 1,290-share exercise
New RSU grant
1,136 units
Director Restricted Stock Units granted as compensation on May 12, 2026
Common shares held after
16,601.7854 shares
Direct S&T Bancorp common stock ownership following reported transactions
Key Terms
Director Restricted Stock Units, Exercise or conversion of derivative security, Grant, award, or other acquisition, contingent right to receive one share, +1 more
5 terms
Director Restricted Stock Units financial
"security_title: "Director Restricted Stock Units""
Director restricted stock units are promises by a company to give board members company shares in the future, usually after a set time or when certain conditions are met. They matter to investors because they can dilute existing shareholders when converted to shares and reveal how the board’s pay is tied to the company’s performance—like a delayed paycheck in company stock that aligns a director’s interests with shareholders and can affect share supply when released.
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
vest financial
"The restricted stock units vest in 364 days from date of issuance."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transactions did S&T Bancorp (STBA) director Christina Cassotis report?
Director Christina Cassotis exercised 1,290 Director Restricted Stock Units into common stock and received a new grant of 1,136 Director Restricted Stock Units. These transactions are compensation-related awards and conversions, not open-market purchases or sales of S&T Bancorp shares.
Were there any open-market buys or sells in this S&T Bancorp (STBA) Form 4?
No open-market purchases or sales were reported. The Form 4 shows an exercise of 1,290 Director Restricted Stock Units into common shares and a grant of 1,136 new restricted stock units, all classified as acquisitions rather than discretionary market trades.
What are S&T Bancorp (STBA) Director Restricted Stock Units as described in this filing?
Each Director Restricted Stock Unit represents a contingent right to receive one share of S&T Bancorp common stock. According to the footnotes, units automatically convert into an equal number of common shares upon vesting, and vested shares are delivered to the reporting person at that time.
When do the newly granted S&T Bancorp (STBA) restricted stock units vest for Christina Cassotis?
The newly granted 1,136 Director Restricted Stock Units vest in 364 days from the date of issuance. Once vested, they automatically convert into an equal number of S&T Bancorp common shares, which are then delivered to Christina Cassotis as part of her director compensation.