S&T Bancorp (STBA) EVP logs RSU grants, exercises and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
S&T Bancorp Executive Vice President Melanie A. Lazzari reported a series of routine equity compensation transactions involving restricted stock units (RSUs) and common stock. On April 1, 2026, she received multiple RSU awards, including units tied to performance criteria under the issuer's 2023 Long Term Incentive Plan.
The filing shows she exercised previously granted RSUs into common stock and a portion of the resulting shares was withheld to cover tax liabilities at a price of $42.28 per share. After these transactions, she directly held 15,463.202 shares of common stock, with additional indirect holdings through a 401(k) plan and a spouse IRA. No open‑market purchases or sales were reported; the activity reflects compensation vesting, derivative exercises, and tax withholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,728 shares exercised/converted
Mixed
16 txns
Insider
Lazzari Melanie A
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,180 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,180 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,390 | $0.00 | -- |
| Exercise | Restricted Stock Units | 523 | $0.00 | -- |
| Exercise | Restricted Stock Units | 549 | $0.00 | -- |
| Exercise | Restricted Stock Units | 476 | $0.00 | -- |
| Exercise | Common Stock | 476 | $42.28 | $20K |
| Tax Withholding | Common Stock | 209 | $42.28 | $9K |
| Exercise | Common Stock | 2,180 | $42.28 | $92K |
| Tax Withholding | Common Stock | 954 | $42.28 | $40K |
| Exercise | Common Stock | 523 | $42.28 | $22K |
| Tax Withholding | Common Stock | 229 | $42.28 | $10K |
| Exercise | Common Stock | 549 | $42.28 | $23K |
| Tax Withholding | Common Stock | 241 | $42.28 | $10K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 2,180 shares (Direct);
Common Stock — 13,844.202 shares (Direct);
Common Stock — 8,041.149 shares (Indirect, 401(k))
Footnotes (1)
- Upon vest, automatically converts into equal number of shares of common stock. Shares of common stock withheld for payment of tax liability for vested and converted restricted stock units. Acquired upon achievement of certain performance criteria pursuant to the performance-based restricted stock units granted April 1, 2023, under the Issuer's 2023 Long Term Incentive Plan. The performance period for the restricted stock units was January 1, 2023, until December 31, 2025, with achievement of the applicable performance criteria subject to determination by the Issuer's Compensation Committee. This determination was obtained on March 24, 2026. The restricted performance units awarded on April 1, 2023 vesting on April 1, 2026. Vested shares will be delivered to the reporting person upon vesting. 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 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, 2024. 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.
Key Figures
RSU derivative exercises: 3,728 shares
Tax-withholding shares: 1,633 shares
Tax-withholding price: $42.28/share
+4 more
7 metrics
RSU derivative exercises
3,728 shares
ExerciseCount and exerciseShares for RSU conversions reported
Tax-withholding shares
1,633 shares
Shares delivered for tax liabilities on April 1, 2026
Tax-withholding price
$42.28/share
Reported transaction price for Code F common stock entries
Direct common stock holdings
15,463.202 shares
Direct ownership after April 1, 2026 transactions
401(k) indirect holdings
8,041.149 shares
Common stock held indirectly via 401(k) plan
Spouse IRA indirect holdings
9 shares
Common stock held indirectly via spouse IRA
RSU grants (A-code acquisitions)
3,570 units
Two RSU awards of 2,180 and 1,390 units granted
Key Terms
Restricted Stock Units, performance-based restricted stock units, Long Term Incentive Plan, tax liability, +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" and footnote stating each unit represents a contingent right"
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.
performance-based restricted stock units financial
"Acquired upon achievement of certain performance criteria pursuant to the performance-based restricted stock units granted April 1, 2023"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
Long Term Incentive Plan financial
"granted April 1, 2023, under the Issuer's 2023 Long Term Incentive Plan"
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
tax liability financial
"Shares of common stock withheld for payment of tax liability for vested and converted restricted stock units"
Compensation Committee financial
"achievement of the applicable performance criteria subject to determination by the Issuer's Compensation Committee"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
FAQ
What did S&T Bancorp (STBA) executive Melanie Lazzari report in this Form 4?
Melanie Lazzari reported routine equity compensation activity, including RSU grants, RSU exercises into common stock, and shares withheld to cover taxes. These transactions reflect vesting and conversion of awards rather than open-market buying or selling of S&T Bancorp stock.
Were there any open-market stock purchases or sales by Melanie Lazzari in STBA?
No open-market purchases or sales were reported. The Form 4 shows derivative exercises of restricted stock units and tax-withholding dispositions only. Code F entries represent shares withheld to satisfy tax obligations, not discretionary sales into the market.
What do the performance-based restricted stock units in STBA’s filing represent?
The performance-based RSUs were granted April 1, 2023, under S&T Bancorp’s 2023 Long Term Incentive Plan. They were tied to performance from January 1, 2023, through December 31, 2025, with achievement determined by the Compensation Committee on March 24, 2026.