S&T Bancorp CFO exercises RSUs, gets new awards
S&T Bancorp Inc. Senior Executive Vice President and CFO Mark Kochvar reported multiple equity compensation transactions in company stock.
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Form Type
4
Rhea-AI Filing Summary
S&T Bancorp Inc. Senior Executive Vice President and CFO Mark Kochvar reported multiple equity compensation transactions in company stock. He received grants of 4,811 and 2,736 restricted stock units, each representing a right to one share of common stock. On the same date, 8,135 restricted stock units vested and were exercised into common shares, with 3,482 shares of common stock withheld at $42.28 per share to cover tax liabilities rather than sold on the open market. Following these transactions, Kochvar held 60,242.196 shares of common stock directly and 38,230.2364 shares indirectly through a 401-k plan.
Insider Trade Summary
8,135 shares exercised/converted
Exercise
15 txns
Insider
KOCHVAR MARK
Role
SR EXEC VICE PRESIDENT & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,811 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 4,811 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,152 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,182 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 990 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 2,736 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,811 | $42.28 | $203K |
| Exercise Price or Tax Liability | Common Stock | 2,105 | $42.28 | $89K |
| Exercise | Common Stock | 1,152 | $42.28 | $49K |
| Exercise Price or Tax Liability | Common Stock | 477 | $42.28 | $20K |
| Exercise | Common Stock | 1,182 | $42.28 | $50K |
| Exercise Price or Tax Liability | Common Stock | 490 | $42.28 | $21K |
| Exercise | Common Stock | 990 | $42.28 | $42K |
| Exercise Price or Tax Liability | Common Stock | 410 | $42.28 | $17K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 5,967 contracts (Direct);
Common Stock — 62,189.196 shares (Direct);
Common Stock — 38,230.2364 shares (Indirect, 401-k)
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. 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.
- F4. 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.
- F5. Each restricted stock unit represents a contingent right to receive one share of S&T Bancorp, Inc. common stock.
- F6. 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.
- F7. 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.
- F8. 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.
- 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
New RSU grant: 4,811 units
Additional RSU grant: 2,736 units
RSUs exercised: 8,135 units
+4 more
7 metrics
New RSU grant
4,811 units
Restricted stock units granted to CFO on April 1, 2026
Additional RSU grant
2,736 units
Restricted stock units granted to CFO on April 1, 2026
RSUs exercised
8,135 units
Total restricted stock units exercised into common stock
Shares withheld for taxes
3,482 shares
Common shares withheld to cover tax liability
Common stock reference price
$42.28 per share
Price used in exercise and tax-withholding entries
Direct holdings after transactions
60,242.196 shares
CFO’s direct S&T Bancorp common stock position
Indirect 401-k holdings
38,230.2364 shares
Common stock held indirectly through a 401-k plan
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
"Each restricted stock unit represents a contingent right to receive one share of S&T Bancorp, Inc. 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
"Shares of common stock withheld for payment of tax liability for vested and converted restricted stock units."
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 granted April 1, 2023."
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.
401-k financial
"Indirect ownership entry lists nature of ownership as 401-k for common stock holdings."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did S&T Bancorp (STBA) CFO Mark Kochvar report in this Form 4?
He reported routine equity compensation activity, including grants of restricted stock units, vesting and exercise of 8,135 units into common stock, and share withholding to cover tax obligations. These transactions increased his direct and indirect ownership in S&T Bancorp common shares.
How many restricted stock units did the S&T Bancorp CFO receive and vest?
He received new grants of 4,811 and 2,736 restricted stock units, and 8,135 restricted stock units vested and were exercised into common stock. Each restricted stock unit represents a contingent right to receive one share of S&T Bancorp common stock upon vesting.
How are the S&T Bancorp performance-based restricted stock units described?
Footnotes explain that certain units were granted April 1, 2023 under the 2023 Long Term Incentive Plan, tied to performance criteria over January 1, 2023 to December 31, 2025. Achievement was determined by the Compensation Committee on March 24, 2026 before vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
