S&T Bancorp (NASDAQ: STBA) director exercises 1,290 units, gains 1,136 RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
S&T Bancorp, Inc. director William J. Hieb reported compensation-related equity activity. He exercised previously granted director restricted stock units into 1,290 shares of common stock at $44.03 per share on May 12, 2026, increasing his direct common share holdings.
He also received a new award of 1,136 director restricted stock units, each representing a contingent right to one share of S&T Bancorp common stock that will vest in 364 days from the grant date. After these transactions, he directly holds 34,633.347 shares of common stock and 1,136 director restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,290 shares exercised/converted
Mixed
3 txns
Insider
HIEB WILLIAM J
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 — 34,633.347 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
Exercise Price: $44.03 per share
New RSU Grant: 1,136 units
+2 more
5 metrics
RSUs Exercised
1,290 shares
Director restricted stock units converted to common stock on May 12, 2026
Exercise Price
$44.03 per share
Price for 1,290 common shares received upon RSU conversion
New RSU Grant
1,136 units
Director restricted stock units granted as equity compensation
Shares Held After
34,633.347 shares
Direct common stock holdings following Form 4 transactions
RSU Vesting Period
364 days
Vesting period for newly granted director restricted stock units
Key Terms
Director Restricted Stock Units, restricted stock unit, contingent right to receive, vest
4 terms
Director Restricted Stock Units financial
"security_title: "Director Restricted Stock Units" and related grant and exercise entries"
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.
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share of S&T Bancorp, Inc. common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
contingent right to receive 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 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 William J. Hieb report?
Director William J. Hieb exercised 1,290 director restricted stock units into common stock and received a new grant of 1,136 director restricted stock units. These equity changes reflect compensation-related awards rather than open-market buying or selling activity.
What was the size and price of the S&T Bancorp director’s equity exercise?
The director exercised 1,290 director restricted stock units into 1,290 shares of S&T Bancorp common stock at $44.03 per share. This was an exercise of previously awarded units, not an open-market purchase of additional shares on an exchange.
What new equity award did S&T Bancorp (STBA) grant to director William J. Hieb?
He received a grant of 1,136 director restricted stock units. Each unit represents a contingent right to receive one share of S&T Bancorp common stock, vesting in 364 days from the issuance date, with shares delivered upon vesting to the reporting person.