Director at S&T Bancorp (STBA) exercises 1,290 RSUs and receives 1,136-unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
S&T Bancorp Inc. director Michael J. Donnelly increased his equity stake through restricted stock activity. On May 12, 2026, he exercised 1,290 shares of Director Restricted Stock Units into common stock, reflecting a reported value of $44.03 per share, bringing his direct common stock holdings to 23,374 shares.
On the same date, he also received a new grant of 1,136 Director Restricted Stock Units, each representing a contingent right to one share of common stock that vests in 364 days from issuance. Separately, 17,564 common shares are reported as held indirectly through Indiana Printing & Publishing Company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,290 shares exercised/converted
Mixed
4 txns
Insider
DONNELLY MICHAEL 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 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Director Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 23,374 shares (Direct, null);
Common Stock — 17,564 shares (Indirect, Indiana Printing & Publishing Company)
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 value per share: $44.03 per share
New RSU grant: 1,136 units
+3 more
6 metrics
RSUs exercised
1,290 shares
Director Restricted Stock Units converted to common stock on May 12, 2026
Exercise value per share
$44.03 per share
Reported price for 1,290 common shares acquired
New RSU grant
1,136 units
Director Restricted Stock Units granted on May 12, 2026
Direct common shares after
23,374 shares
Direct S&T Bancorp common stock holdings following transactions
Indirect common shares
17,564 shares
Indirectly held via Indiana Printing & Publishing Company
Derivative exercises
1 transaction, 1,290 shares
Exercise or conversion of derivative security on May 12, 2026
Key Terms
Director Restricted Stock Units, contingent right, exercise or conversion of derivative security, indirect ownership
4 terms
Director Restricted Stock Units financial
"Director Restricted Stock Units vest in 364 days from date of issuance."
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of S&T Bancorp, Inc. common stock."
exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
indirect ownership financial
"ownership_type: indirect; nature_of_ownership: Indiana Printing & Publishing Company"
FAQ
What did S&T Bancorp (STBA) director Michael J. Donnelly report on this Form 4?
Michael J. Donnelly reported equity-related acquisitions. He exercised 1,290 Director Restricted Stock Units into S&T Bancorp common stock and received a new grant of 1,136 restricted stock units, while updating his direct and indirect share ownership positions.
What new restricted stock units did Michael J. Donnelly receive from S&T Bancorp (STBA)?
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 and, per the disclosure, these units vest 364 days from the date of issuance.
How do Michael J. Donnelly’s Director Restricted Stock Units in S&T Bancorp (STBA) work?
Each Director Restricted Stock Unit is a contingent right to receive one S&T Bancorp common share. The filing explains that units automatically convert into common stock upon vesting, with vested shares delivered to the reporting person at that time.