Yesho LaDawn D 4
Research Summary
AI-generated summary
S&T Bancorp (STBA) EVP Yesho LaDawn Receives RSU Award
What Happened
Yesho LaDawn D, Executive Vice President of S&T Bancorp, was granted 1,500 restricted stock units (RSUs) on June 1, 2026. The reported acquisition price is $0.00 (derivative award) — these RSUs are a contingent right to receive common stock in the future rather than immediate shares or a market purchase.
Key Details
- Transaction date: 2026-06-01. Form filed: 2026-06-03 (appears to be timely).
- Transaction type/code: A — Grant/award of 1,500 RSUs; price reported $0.00 (derivative).
- Nature of award: Each RSU represents a contingent right to one share of S&T common stock (footnote F1). Vested shares will be delivered to the reporting person on vesting.
- Vesting: Footnotes (F2–F5) state RSUs vest in three equal annual installments with commencement dates listed in the filing (Apr 1, 2025; Apr 1, 2026; Apr 1, 2027; and Jun 1, 2027). Each footnote indicates vested shares will be delivered upon vesting.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- No 10b5-1, tax-withholding, sale, or exercise language reported in the excerpt.
Context
RSU grants are compensation awards, not cash purchases or open-market buys. They give the executive a future right to shares subject to vesting conditions and generally do not reflect an immediate investment decision. For retail investors, awards are useful to track management pay and potential future dilution when RSUs vest and convert to common shares.