Form 4: S&T Bancorp Director Christine J. Toretti Reports Stock Transactions
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
| Date | Description |
|---|---|
| 05/16/2023 | Date of issuance for some of the restricted stock units. |
| 05/14/2024 | Date of the reported transactions. |
| 05/15/2024 | Date of signature for the report. |
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