Nicholson Susan A 4

What Happened

• Susan A. Nicholson, Executive Vice President of S&T Bancorp (STBA), had restricted stock units and performance-based units vest/convert on April 1, 2026. The filing shows 4,659 shares were converted/exercised at an implied value of $42.28 per share (gross value $196,983).
• To satisfy tax withholding obligations, 2,040 of those shares were withheld/disposed (value $86,252), leaving a net delivery of approximately 2,619 shares to Nicholson.
• The filing also shows awards/grants of restricted stock units (including 2,743 performance-based units that vested and 1,658 RSUs granted) that vest according to the schedules noted in the footnotes.

Key Details

• Transaction date: April 1, 2026; Filing date: April 3, 2026 (filed within the Form 4 reporting window).
• Prices/values shown: conversion/exercise price $42.28; gross shares converted 4,659 (4,659 × $42.28 = $196,983); shares withheld for tax 2,040 (2,040 × $42.28 = $86,252); net shares delivered ≈ 2,619.
• Transaction codes: M = exercise/conversion of derivative (RSUs/performance units); F = shares withheld/disposed to pay tax liability; A = grant/award of RSUs.
• Notable footnotes: performance-based units granted 4/1/2023 were earned for the 2023–2025 performance period and vested/converted on 4/1/2026 (determination made 3/24/2026). Several RSU awards have multi-year vesting schedules.
• Shares owned after the transactions are not specified in the provided excerpt of the filing.

Context

• This was not an open-market purchase or sale: these entries reflect vesting/conversion of restricted stock/performance units with a portion of shares withheld to cover taxes (a common, non-bull/bear routine for employee equity compensation).
• For retail investors, such conversions show executive compensation being realized but do not necessarily indicate intent to buy or sell additional shares on the market.