4//SEC Filing
Knott Karen 4
Accession 0001104659-23-049716
CIK 0001680379other
Filed
Apr 24, 8:00 PM ET
Accepted
Apr 25, 6:13 PM ET
Size
13.7 KB
Accession
0001104659-23-049716
Insider Transaction Report
Form 4
Knott Karen
EVP AND CFO
Transactions
- Tax Payment
Common Stock
2023-04-23$5.75/sh−890$5,118→ 28,373 total
Holdings
- 4,492(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]Represents the withholding of shares of common stock by Sterling Bancorp, Inc. in satisfaction of tax withholding obligations in connection with the vesting of restricted stock previously granted to the reporting person.
- [F2]The reporting person holds units in the issuer's unitized stock fund in the Sterling Bank & Trust 401(k) Plan (the "Plan"), consisting primarily of the issuer's Common Stock and the remainder in cash or cash equivalents. The number of shares in this row is an estimate of the number of shares of the issuer's Common Stock held in the unitized stock fund and attributed to the reporting person as a Plan participant.
- [F3]Includes a corrected estimate of 1,909 shares of Common Stock allocable to the reporting person as of April 6, 2022, calculated based on the $7.10 closing price of the issuer's Common Stock as of April 5, 2022, which was the date prior to the date that the shares of Common Stock were contributed to the unitized stock fund.
- [F4]Includes an estimate of 2,583 shares of Common Stock allocable to the reporting person as of April 10, 2023. This has been calculated based on the $5.56 closing price of the issuer's Common Stock as of April 9, 2023, which was the date prior to the date that the shares of Common Stock were contributed to the unitized stock fund, and may change from time to time without the volition of the reporting person depending on the fair market value of the issuer's Common stock and the amount of cash in the unitized stock fund. The shares of Common Stock were contributed to the unitized stock fund and allocated to participants on April 10, 2023.
Issuer
Sterling Bancorp, Inc.
CIK 0001680379
Entity typeother
Related Parties
1- filerCIK 0001886835
Filing Metadata
- Form type
- 4
- Filed
- Apr 24, 8:00 PM ET
- Accepted
- Apr 25, 6:13 PM ET
- Size
- 13.7 KB