S&T Bancorp (STBA) EVP receives special 3,000 RSU stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nicholson Susan A reported acquisition or exercise transactions in this Form 4 filing.
S&T Bancorp, Inc. Executive Vice President Susan A. Nicholson received a grant of 3,000 restricted stock units on June 1, 2026. Each unit represents a contingent right to one share of common stock, with this special grant vesting in three equal installments on the first three anniversaries of the grant date. Following the award, she directly holds 8,982 shares of common stock and multiple outstanding RSU awards tied to additional common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Nicholson Susan A
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,000 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 3,000 shares (Direct, null);
Common Stock — 8,982 shares (Direct, null)
Footnotes (1)
- 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 three equal annual installments beginning June 1, 2027. Vested shares will be delivered to the reporting person upon vesting. The restricted stock units vest in three equal annual installments beginning April 1, 2027. Vested shares will be delivered to the reporting person upon vesting. The restricted stock units vest in three equal annual installments beginning April 1, 2025. Vested shares will be delivered to the reporting person upon vesting. The restricted stock units vest in three equal annual installments beginning April 1, 2026. Vested shares will be delivered to the reporting person upon vesting. The Registrant awarded a special grant to the executive officer that will vest equally over the three successive anniversary dates of the grant date.
Key Figures
RSU grant size: 3,000 restricted stock units
Common stock held: 8,982 shares
RSUs underlying shares: 2,010 shares
+4 more
7 metrics
RSU grant size
3,000 restricted stock units
Special grant to EVP Susan A. Nicholson on June 1, 2026
Common stock held
8,982 shares
Direct S&T Bancorp common stock holding after reported transactions
RSUs underlying shares
2,010 shares
Restricted stock units linked to 2,010 common shares, vesting from June 1, 2027
RSUs underlying shares
1,169 shares
Restricted stock units linked to 1,169 common shares, vesting from April 1, 2027
RSUs underlying shares
705 shares
Restricted stock units linked to 705 common shares, vesting from April 1, 2025
RSUs underlying shares
1,658 shares
Restricted stock units linked to 1,658 common shares, vesting from April 1, 2026
Exercise price of RSUs
$0.0000 per unit
Restricted stock units have a zero exercise price
Key Terms
Restricted Stock Units, contingent right, vest, annual installments, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of S&T Bancorp, Inc. common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of S&T Bancorp, Inc. common stock."
vest financial
"The restricted stock units vest in three equal annual installments beginning April 1, 2025."
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.
annual installments financial
"The restricted stock units vest in three equal annual installments beginning June 1, 2027."
special grant financial
"The Registrant awarded a special grant to the executive officer that will vest equally over the three successive anniversary dates of the grant date."
FAQ
What did S&T Bancorp (STBA) disclose about Susan Nicholson’s equity compensation?
S&T Bancorp disclosed that Executive Vice President Susan A. Nicholson received a grant of 3,000 restricted stock units. Each unit is a contingent right to one share of common stock, vesting over time according to the schedules described in the filing’s footnotes.
How many restricted stock units did the S&T Bancorp EVP receive in this Form 4?
Susan A. Nicholson received 3,000 restricted stock units. The filing states these RSUs are a special grant that will vest equally on the three successive anniversaries of the grant date, with shares delivered to her as each portion vests over time.
When do Susan Nicholson’s new S&T Bancorp restricted stock units vest?
The special 3,000-unit restricted stock award vests equally over three successive anniversary dates of the grant. Other RSU awards vest in three equal annual installments beginning on April 1, 2025, April 1, 2026, April 1, 2027, or June 1, 2027, as detailed in the footnotes.
What do Susan Nicholson’s S&T Bancorp restricted stock units represent?
Each restricted stock unit represents a contingent right to receive one share of S&T Bancorp common stock. The units do not convert immediately; instead, shares are delivered to the executive officer as each award vests in equal annual installments over the stated vesting periods.
Are Susan Nicholson’s restricted stock units immediately exercisable at S&T Bancorp?
The restricted stock units are not immediately exercisable. The filing explains they vest in equal annual installments starting on specific future dates, and vested shares of S&T Bancorp common stock will be delivered to Susan A. Nicholson upon each vesting date.