S&T Bancorp (STBA) EVP exercises RSUs, 8,982 shares held after tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
S&T Bancorp Executive Vice President Susan A. Nicholson reported compensation-related stock activity involving restricted stock units and common shares. On April 1, 2026, she exercised awards tied to restricted stock units into a total of 4,659 shares of common stock at a reference price of $42.28 per share, while 2,040 shares were withheld to cover tax obligations. After these exercises and tax withholdings, she directly held 8,982 shares of S&T Bancorp common stock.
She also received new equity awards, including 2,743 performance-based restricted stock units linked to performance criteria under the 2023 Long Term Incentive Plan and an additional 1,658 restricted stock units. The footnotes explain that these units generally vest in scheduled annual installments, and vested units automatically convert into an equal number of common shares delivered upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,659 shares exercised/converted
Mixed
14 txns
Insider
Nicholson Susan A
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 657 | $0.00 | -- |
| Exercise | Restricted Stock Units | 684 | $0.00 | -- |
| Exercise | Restricted Stock Units | 575 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2,743 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,743 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,658 | $0.00 | -- |
| Exercise | Common Stock | 657 | $42.28 | $28K |
| Tax Withholding | Common Stock | 288 | $42.28 | $12K |
| Exercise | Common Stock | 684 | $42.28 | $29K |
| Tax Withholding | Common Stock | 300 | $42.28 | $13K |
| Exercise | Common Stock | 575 | $42.28 | $24K |
| Tax Withholding | Common Stock | 252 | $42.28 | $11K |
| Exercise | Common Stock | 2,743 | $42.28 | $116K |
| Tax Withholding | Common Stock | 1,200 | $42.28 | $51K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 7,020 shares (Direct)
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. 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, 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. 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. 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.
Key Figures
RSU exercises into common stock: 4,659 shares
Shares withheld for taxes: 2,040 shares
Post-transaction common shares held: 8,982 shares
+3 more
6 metrics
RSU exercises into common stock
4,659 shares
Derivative exercises on April 1, 2026
Shares withheld for taxes
2,040 shares
Tax-withholding dispositions on April 1, 2026
Post-transaction common shares held
8,982 shares
Direct holdings after April 1, 2026 transactions
Performance-based RSUs credited
2,743 units
Tied to performance criteria under 2023 Long Term Incentive Plan
Additional RSU grant
1,658 units
Restricted stock unit award on April 1, 2026
Reference share price
$42.28 per share
Price used in common stock entries for April 1, 2026
Key Terms
Restricted Stock Units, tax-withholding disposition, performance-based restricted stock units, Long Term Incentive Plan, +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" with automatic conversion into 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.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for common stock transactions"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
performance-based restricted stock units financial
"Acquired upon achievement of certain performance criteria pursuant to the performance-based restricted stock units"
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.
vest in three equal annual installments financial
"The restricted stock units vest in three equal annual installments beginning April 1"
FAQ
What did S&T Bancorp (STBA) executive Susan Nicholson report in this Form 4?
Susan Nicholson reported exercises of restricted stock units into common shares and related tax withholding transactions, along with new restricted stock unit grants. These are compensation-related equity events rather than open-market stock purchases or sales by the executive.
What new restricted stock units did Susan Nicholson receive from S&T Bancorp?
She received 2,743 performance-based restricted stock units and an additional 1,658 restricted stock units. The filing notes these units vest in specified annual installments, with each vested unit automatically converting into one share of S&T Bancorp common stock upon vesting.
How do Susan Nicholson’s performance-based restricted stock units at S&T Bancorp work?
The performance-based restricted stock units were granted under the 2023 Long Term Incentive Plan and tied to performance criteria over a defined period. After the Compensation Committee determined achievement, the units were credited and are scheduled to vest, then deliver common shares upon vesting.