Yesho LaDawn D 4
4 · S&T BANCORP INC · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
S&T Bancorp (STBA) EVP Yesho LaDawn Exercises Options, Receives RSUs
What Happened
- Yesho LaDawn, Executive Vice President of S&T Bancorp (STBA), reported multiple exercise/conversion and award transactions on April 1, 2026. She exercised/converted a total of 5,100 derivative units at $42.28 per share, with a gross value of about $215,628. The company withheld 2,232 shares to cover tax liabilities (disposals valued at about $94,369), leaving a net increase of 2,868 shares to her holdings.
- The filing also shows awards/vesting of restricted stock units (including performance-based RSUs granted April 1, 2023), some of which vested based on performance determinations made March 24, 2026. Several entries are recorded at $0.00 reflecting conversion/vesting mechanics rather than cash purchases.
Key Details
- Transaction date: April 1, 2026; filing date: April 3, 2026 (appears timely).
- Prices/values reported: exercised/converted shares at $42.28 each; gross acquired value ≈ $215,628; shares withheld for tax ≈ $94,369.
- Shares acquired (gross): 5,100; shares withheld/disposed for taxes: 2,232; net shares retained from these events: 2,868.
- Relevant footnotes: tax withholding used company shares (F2); performance-based RSUs were awarded/vested after Compensation Committee determination (F7, F8); several RSU grants vest over multi-year schedules (F4–F6, F9).
- Transaction codes: M = exercise/conversion of derivative; F = payment of exercise price/tax withholding; A = award/grant. The filing does not list total post-transaction ownership in this report.
Context
- These transactions reflect vesting/conversion of restricted stock units and performance units (and related tax withholding), not open-market purchases or sales. Withholding shares to cover taxes is a routine administrative step (a cashless-like settlement) and does not necessarily indicate the insider is buying or selling shares for cash liquidity or market views.
- For retail investors, note the key takeaway is that performance RSUs were confirmed/vested and converted into shares; the insider retained a net increase of shares after required tax withholding.
Insider Transaction Report
Form 4
S&T BANCORP INCSTBA
Yesho LaDawn D
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-04-01$42.28/sh+716$30,272→ 18,460.827 total - Tax Payment
Common Stock
[F2]2026-04-01$42.28/sh−314$13,276→ 18,146.827 total - Exercise/Conversion
Common Stock
[F1]2026-04-01$42.28/sh+752$31,795→ 18,898.827 total - Tax Payment
Common Stock
[F2]2026-04-01$42.28/sh−329$13,910→ 18,569.827 total - Exercise/Conversion
Common Stock
[F1]2026-04-01$42.28/sh+644$27,228→ 19,213.827 total - Tax Payment
Common Stock
[F2]2026-04-01$42.28/sh−282$11,923→ 18,931.827 total - Exercise/Conversion
Common Stock
[F1]2026-04-01$42.28/sh+2,988$126,333→ 21,919.827 total - Tax Payment
Common Stock
[F2]2026-04-01$42.28/sh−1,307$55,260→ 20,612.827 total - Exercise/Conversion
Restricted Stock Units
[F3][F4]2026-04-01−716→ 0 total→ Common Stock (716 underlying) - Exercise/Conversion
Restricted Stock Units
[F3][F5]2026-04-01−752→ 775 total→ Common Stock (752 underlying) - Exercise/Conversion
Restricted Stock Units
[F3][F6]2026-04-01−644→ 1,308 total→ Common Stock (644 underlying) - Award
Restricted Stock Units
[F7][F8]2026-04-01+2,988→ 2,988 total→ Common Stock (2,988 underlying) - Exercise/Conversion
Restricted Stock Units
[F7][F8]2026-04-01−2,988→ 0 total→ Common Stock (2,988 underlying) - Award
Restricted Stock Units
[F3][F9]2026-04-01+1,838→ 1,838 total→ Common Stock (1,838 underlying)
Holdings
- 11,202.006(indirect: 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]Each restricted stock unit represents a contingent right to receive one share of S&T Bancorp, Inc. common stock.
- [F4]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.
- [F5]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.
- [F6]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.
- [F7]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.
- [F8]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.
- [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.
Signature
/s/ Jackie Kennane, attorney-in-fact for LaDawn Yesho|2026-04-03