Form 4: S&T Bancorp Director Cassotis Acquires Shares Through Restricted Stock Unit Vesting

Director Christina Anne Cassotis acquired 1,573 shares of S&T Bancorp common stock upon vesting of restricted stock units on May 13, 2025.

Summary

• On May 13, 2025, Christina Anne Cassotis, a director of S&T Bancorp Inc., acquired 1,573 shares of common stock due to the vesting of restricted stock units.
• The transaction was executed automatically upon vesting, with each restricted stock unit converting into one share of common stock.
• Following the transaction, Cassotis directly owns 15,280.3724 shares of S&T Bancorp common stock.
• Additionally, Cassotis was granted 1,290 director restricted stock units on 05/13/2025.
• These restricted stock units vest in 364 days from the date of issuance.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction (vesting of restricted stock units) by a company director. While insider buying can be seen as positive, this is part of a pre-existing compensation plan.

Positives

• The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future performance.

Future Outlook

The restricted stock units granted on 05/13/2025 will vest in 364 days from the date of issuance.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge sentiment and potential future actions of key personnel.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from a company director.

Key Dates

Keywords

S&T Bancorp, Director, Cassotis, Stock, Restricted Stock Units, Beneficial Ownership, Form 4, STBA