Lazzari Melanie A 4
Research Summary
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S&T Bancorp (STBA) Exec VP Melanie Lazzari Receives RSU Award
What Happened Melanie A. Lazzari, Executive Vice President of S&T Bancorp, was granted 1,500 restricted stock units (RSUs) on June 1, 2026. The reported acquisition is coded as an award/grant (A) and shows an acquisition price of $0.00 because these are derivative RSUs rather than an open‑market purchase.
Key Details
- Transaction date: 2026-06-01; Form filed: 2026-06-03 (filed timely).
- Grant: 1,500 restricted stock units (derivative), price reported $0.00.
- Each RSU represents a contingent right to one share (Footnote F1).
- Vesting: RSUs vest in three equal annual installments beginning June 1, 2027; vested shares will be delivered upon vesting (Footnote F2).
- Shares owned after the transaction: not specified in the provided filing.
- Transaction code: A = Award/Grant.
Context RSUs are compensation awards that convert into common shares only upon vesting; they do not represent an immediate cash purchase or sale. Such grants are common for executive compensation and do not by themselves indicate insider buying or selling sentiment.