STBA.NASDAQS&T Bancorp INC

Form 4: S&T Bancorp Director Christine J. Toretti Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director Christine J. Toretti reports acquisition and disposal of S&T Bancorp stock and restricted stock units.

Summary

  • On May 14, 2024, Christine J. Toretti, a director of S&T Bancorp Inc., reported transactions involving the company's stock.
  • Toretti acquired 1,905 shares of common stock upon the vesting of restricted stock units at a price of $31.80.
  • She also disposed of 10,643 shares of common stock.
  • Additionally, she acquired 1,573 director restricted stock units.
  • Following these transactions, Toretti directly owns 26,213.7845 shares of common stock.
  • She also indirectly owns 263.599 shares through the Christine J T/f Joseph Jack trust and 256.674 shares through the Christine J T/f Maxwell Jack trust.
  • She also directly owns 1,573 director restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common practice in publicly traded companies to ensure transparency and prevent insider trading.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates

DateDescription
05/16/2023Date of issuance for some of the restricted stock units.
05/14/2024Date of the reported transactions.
05/15/2024Date of signature for the report.

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