Adkins Lewis W Jr 4

What Happened

• Lewis W. Adkins Jr., a director of S&T Bancorp, exercised/options-converted 1,290 shares on 2026-05-12 by acquiring those shares at $44.03 per share for a total cash outlay of $56,799. The filing also shows a related derivative position of 1,290 shares reported as disposed at $0 (reflecting conversion/settlement rather than a market sale). In addition, Adkins was granted 1,136 restricted stock units (RSUs) on the same date; those RSUs carry no immediate cash value and will convert into shares upon vesting.

Key Details

• Transaction date: 2026-05-12 (filed 2026-05-14)
• Option exercise: 1,290 shares acquired at $44.03 each — total $56,799
• Derivative reported disposed: 1,290 shares at $0 (conversion/settlement)
• RSU grant: 1,136 RSUs acquired at $0 (will convert to common stock upon vesting)
• Footnotes: F1 indicates certain derivatives convert into equal number of common shares; F2 defines each RSU = right to one share; F3 RSUs vest in 364 days and shares will be delivered upon vesting
• Shares owned after the transactions: not specified in the provided excerpt
• Filing timeliness: no late filing indicated in the provided data

Context

• The exercise required payment of the strike price ($44.03/share); there is no reported immediate sale of shares (not a cashless exercise/sale).
• The 1,136 RSUs are time‑based awards that do not deliver shares until they vest (in ~364 days), so they are future compensation rather than current market purchases.
• These actions are routine insider transactions (exercise + new award); they are factual events and do not by themselves indicate management’s forward-looking views.