S&T BANCORP INC·4

Apr 3, 3:12 PM ET

ANTOLIK DAVID G 4

Research Summary

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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.