Form 4: Director William J. Hieb Trades S&T Bancorp Stock
Insider Transaction Report
Director William J. Hieb reported transactions involving S&T Bancorp Inc. common stock and restricted stock units.
Summary
- Director William J. Hieb of S&T Bancorp Inc. (STBA) reported a transaction on May 12, 2026.
- The transaction involved the acquisition of 1,290 shares of common stock at a price of $44.03 per share, totaling $34,633.347.
- Following this transaction, Mr. Hieb beneficially owns 34,633.347 shares of common stock directly.
- Additionally, Mr. Hieb acquired 1,136 restricted stock units (RSUs) on the same date.
- These RSUs represent a contingent right to receive one share of S&T Bancorp, Inc. common stock each.
- The RSUs vest in 364 days from their issuance date, with vested shares to be delivered upon vesting.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents routine insider stock acquisition and RSU grants, typical for director compensation and incentives, without immediate significant positive or negative implications.
Positives
- Director William J. Hieb acquired additional common stock, indicating continued investment in the company.
- The acquisition of restricted stock units suggests a long-term incentive and alignment with company performance.
Future Outlook
Restricted stock units acquired by Director William J. Hieb are set to vest in 364 days from the date of issuance, at which point the vested shares will be delivered to him.
Industry Context
StockSavvy.ai notes that insider transactions, such as this Form 4 filing by a director, are routine disclosures required by the SEC. They provide transparency into the holdings and trading activities of company insiders, which can be of interest to investors.
Stakeholder Impact
- Shareholders: Increased transparency into director's holdings and investment in the company.
- Employees: Potential indication of management's confidence in the company's future, aligning with RSU grants.
- Management: Standard reporting of compensation and ownership structure.
Next Steps
- Vesting of 1,136 restricted stock units in 364 days from the date of issuance.
- Delivery of vested shares to the reporting person upon vesting.
Key Dates
| Date | Description |
|---|---|
| 05/12/2026 | Date of earliest transaction reported and transaction date for acquisition of common stock and restricted stock units. |
| 05/14/2026 | Date of signature for the filing. |
Keywords
S&T Bancorp Inc., STBA, Form 4, Insider Trading, Director Transaction, Restricted Stock Units, Common Stock, Beneficial Ownership
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