Form 4: S&T Bancorp Director Acquires Shares
Insider Transaction Report
S&T Bancorp Inc. Director Christina Anne Cassotis acquired shares through restricted stock units and a transaction coded as 'M'.
Summary
- Christina Anne Cassotis, a Director at S&T Bancorp Inc. (STBA), reported a transaction on May 12, 2026.
- She acquired 1,290 shares of common stock at a price of $44.03 per share, totaling $16,601.78.
- This acquisition was part of a transaction coded as 'M', which upon vest, automatically converts into an equal number of common stock shares.
- Additionally, Cassotis acquired 1,136 restricted stock units (RSUs).
- These RSUs represent a contingent right to receive one share of S&T Bancorp, Inc. common stock each and vest in 364 days from the date of issuance.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it represents an insider's investment in the company, but it does not contain operational or financial performance data.
Positives
- Director acquisition of company stock can signal confidence in the company's future prospects.
- The acquisition of 1,290 shares at $44.03 per share indicates a direct investment by a key insider.
- The acquisition of 1,136 restricted stock units further aligns management interests with shareholders.
Future Outlook
Restricted stock units acquired by the director are set to vest in 364 days from the date of issuance, at which point vested shares will be delivered.
Industry Context
StockSavvy.ai notes that insider transactions, such as this Form 4 filing by a director of S&T Bancorp Inc., are closely watched by the market as potential indicators of management's confidence in the company's performance and future prospects.
Stakeholder Impact
- Shareholders may view the director's acquisition of stock positively, interpreting it as a sign of confidence in the company's value.
- Employees may be indirectly impacted by insider confidence, potentially influencing morale and engagement.
Next Steps
- Vested shares from restricted stock units will be delivered to the reporting person upon vesting in 364 days.
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 on the filing. |
Keywords
S&T Bancorp Inc., STBA, Form 4, Insider Trading, Director, Stock Acquisition, Restricted Stock Units, Beneficial Ownership, SEC Filing
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