S&T BANCORP INC 8-K

What Happened
S&T Bancorp, Inc. announced on Form 8‑K that its Board amended and restated the company's bylaws effective May 12, 2026. The amendments remove provisions related to "Grandfathered Directors" in Article II, Section 203 and delete references to the Credit Risk Committee in Article III (Sections 301, 306 and 308). The changes reflect that the grandfathered age‑eligibility rule is no longer applicable and follow the Board's prior dissolution of the Credit Risk Committee.

Key Details

• Amendments effective May 12, 2026; 8‑K filed May 15, 2026.
• Removed the "Grandfathered Directors" provisions that allowed directors who were age 65 before the 2014 Annual Meeting to serve until age 75 (Article II, Section 203).
• Deleted references and provisions related to the Credit Risk Committee (Article III, Sections 301, 306, 308) consistent with the committee’s prior dissolution.
• Clean and marked copies of the amended and restated bylaws were filed as exhibits to the 8‑K.

Why It Matters
These are governance housekeeping changes that clarify director eligibility rules and the Board committee structure. For investors, the amendments remove outdated language that no longer applies and formalize the elimination of the Credit Risk Committee, improving transparency about who oversees risk and director tenure without indicating changes to management or financial results.