Ramachandran Bhaskar 4

What Happened
Ramachandran Bhaskar, a director of S&T Bancorp, exercised or converted a derivative/option on May 12, 2026, resulting in 1,290 shares acquired at an exercise price of $44.03 per share (total cost ~$56,799). The filing also reports a related disposition of a derivative instrument for 1,290 shares at $0.00 (reflecting the conversion/settlement of the derivative) and a separate grant of 1,136 restricted stock units (RSUs) awarded at $0.00.

Key Details

• Transaction date: May 12, 2026; Form 4 filed May 14, 2026 (reporting appears timely).
• Exercise: 1,290 shares @ $44.03 → $56,799 total reported consideration. (Code M = exercise/conversion of derivative)
• Derivative disposition: 1,290 shares @ $0.00 (reflects conversion/termination of the derivative instrument).
• Grant: 1,136 RSUs @ $0.00 (Code A = award/grant). RSUs vest in 364 days and convert to an equal number of common shares on vesting.
• Shares owned after the transactions: not disclosed in the provided data.
• Footnotes: F1 indicates conversion into equal common shares on vest; F2 notes each RSU equals a contingent right to one share; F3 states RSUs vest in 364 days and vested shares will be delivered on vesting.

Context
This filing reports an option/derivative exercise and a time‑restricted equity award, common forms of executive/director compensation. No immediate sale of underlying common stock is reported here, and the RSUs will not convert to tradable shares until they vest. Exercises reflect exercising existing compensation rights rather than an open‑market purchase — informative but not necessarily a fresh bullish market bet.