S&T Bancorp EVP exercises 4,659 RSU shares
S&T Bancorp Executive Vice President Susan A. Nicholson reported compensation-related stock activity involving restricted stock units and common shares.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 657 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 684 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 575 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 2,743 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,743 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 1,658 | $0.00 | $0.00 |
| Exercise | Common Stock | 657 | $42.28 | $28K |
| Exercise Price or Tax Liability | Common Stock | 288 | $42.28 | $12K |
| Exercise | Common Stock | 684 | $42.28 | $29K |
| Exercise Price or Tax Liability | Common Stock | 300 | $42.28 | $13K |
| Exercise | Common Stock | 575 | $42.28 | $24K |
| Exercise Price or Tax Liability | Common Stock | 252 | $42.28 | $11K |
| Exercise | Common Stock | 2,743 | $42.28 | $116K |
| Exercise Price or Tax Liability | Common Stock | 1,200 | $42.28 | $51K |
Footnotes (9)
- F1. Upon vest, automatically converts into equal number of shares of common stock.
- F2. Shares of common stock withheld for payment of tax liability for vested and converted restricted stock units.
- F3. Each restricted stock unit represents a contingent right to receive one share of S&T Bancorp, Inc. common stock.
- F4. 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.
- F5. 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.
- F6. 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.
- F7. 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.
- F8. 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.
- F9. 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
Key Terms
Restricted Stock Units financial
tax-withholding disposition financial
performance-based restricted stock units financial
Long Term Incentive Plan financial
vest in three equal annual installments financial
FAQ
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What did S&T Bancorp (STBA) executive Susan Nicholson report in this Form 4?
What new restricted stock units did Susan Nicholson receive from S&T Bancorp?
How do Susan Nicholson’s performance-based restricted stock units at S&T Bancorp work?
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