ANTOLIK DAVID G 4
4 · S&T BANCORP INC · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
S&T Bancorp (STBA) President David Antolik Receives RSU Awards
What Happened
David G. Antolik, President and director of S&T Bancorp, had restricted stock units vest on April 1, 2026 and those units converted/exercised into common shares. The filing shows conversions/acquisitions of 9,281 shares at a reported value of $42.28 per share (total ≈ $392,400). To cover withholding taxes on the vesting, 4,062 shares were withheld (disposed) at the same $42.28 per-share valuation (total ≈ $171,741), leaving a net delivery of roughly 5,219 shares to Mr. Antolik. The filing also records related award/derivative entries tied to performance- and time-based RSU grants.
Key Details
- Transaction date: April 1, 2026; Form 4 filed April 3, 2026 (appears timely).
- Reported per-share valuation used: $42.28.
- Gross shares converted/acquired: 9,281 shares (≈ $392,400).
- Shares withheld for taxes: 4,062 shares (≈ $171,741).
- Net shares delivered to insider (approx): 5,219 shares.
- Relevant footnotes: F1 (automatic conversion on vest), F2 (shares withheld for tax liability), F3–F4 (performance-based RSUs awarded 4/1/2023 with performance determination dated 3/24/2026), plus other vesting schedule notes for different RSU grants.
- Transaction codes in filing: M = exercise/conversion of derivative; F = shares withheld for tax; A = grant/award.
- Shares owned after the transaction are not specified in the excerpt provided.
Context
This was not an open-market purchase or sale but the vesting/conversion of restricted stock units (derivative awards). Withholding shares to cover taxes is a routine cashless mechanism and does not by itself indicate a buy/sell view by the insider. The filing documents awards tied to prior grants (including performance-based RSUs) that vested following committee determination.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-04-01$42.28/sh+5,493$232,244→ 70,046 total - Tax Payment
Common Stock
[F2]2026-04-01$42.28/sh−2,403$101,599→ 67,643 total - Exercise/Conversion
Common Stock
[F1]2026-04-01$42.28/sh+1,316$55,640→ 68,959 total - Tax Payment
Common Stock
[F2]2026-04-01$42.28/sh−576$24,353→ 68,383 total - Exercise/Conversion
Common Stock
[F1]2026-04-01$42.28/sh+1,347$56,951→ 69,730 total - Tax Payment
Common Stock
[F2]2026-04-01$42.28/sh−590$24,945→ 69,140 total - Exercise/Conversion
Common Stock
[F1]2026-04-01$42.28/sh+1,125$47,565→ 70,265 total - Tax Payment
Common Stock
[F2]2026-04-01$42.28/sh−493$20,844→ 69,772 total - Award
Restricted Stock Units
[F3][F4]2026-04-01+5,493→ 5,493 total→ Common Stock (5,493 underlying) - Exercise/Conversion
Restricted Stock Units
[F3][F4]2026-04-01−5,493→ 0 total→ Common Stock (5,493 underlying) - Exercise/Conversion
Restricted Stock Units
[F5][F6]2026-04-01−1,316→ 0 total→ Common Stock (1,316 underlying) - Exercise/Conversion
Restricted Stock Units
[F5][F7]2026-04-01−1,347→ 1,390 total→ Common Stock (1,347 underlying) - Exercise/Conversion
Restricted Stock Units
[F5][F8]2026-04-01−1,125→ 2,285 total→ Common Stock (1,125 underlying) - Award
Restricted Stock Units
[F5][F9]2026-04-01+3,108→ 3,108 total→ Common Stock (3,108 underlying)
- 11,745.251(indirect: By 401(k))
Common Stock
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.