S&T Bancorp (STBA) EVP gets 1,500 RSU compensation grant
Rhea-AI Filing Summary
S&T Bancorp, Inc. Executive Vice President Melanie A. Lazzari reported a compensation grant of 1,500 restricted stock units. Each unit carries an exercise price of $0.00 and represents a contingent right to receive one share of S&T Bancorp common stock upon vesting.
Following this grant, Lazzari holds 15,749.202 common shares directly, along with indirect holdings of 8,041.149 shares through a 401(k) account and 9 shares through a spouse IRA. She also has other restricted stock unit awards outstanding covering 568, 968 and 1,390 underlying common shares.
Footnotes state that these restricted stock units vest in three equal annual installments beginning on April 1, 2025, April 1, 2026, April 1, 2027 and June 1, 2027, with vested shares delivered to her as they vest, indicating a multi‑year, time‑based incentive structure.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,500 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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, 2026. 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.