Form 4: S&T Bancorp Director Michael J. Donnelly Reports Stock Transactions

Director Michael J. Donnelly reports acquisition and disposal of S&T Bancorp stock and restricted stock units.

Summary

• On May 13, 2025, Michael J. Donnelly, a director of S&T Bancorp Inc., reported transactions involving the company's stock.
• Donnelly acquired 1,573 shares of common stock upon the vesting of restricted stock units at a price of $38.76.
• He also acquired 1,290 director restricted stock units.
• Following these transactions, Donnelly directly owns 22,084 shares of common stock and indirectly owns 17,564 shares through Indiana Printing & Publishing Company.
• He also directly owns 1,290 director restricted stock units.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard disclosure of stock transactions by a company director. The transactions themselves don't necessarily indicate a positive or negative outlook.

Positives

• The acquisition of additional shares and restricted stock units by a director could be seen as a positive signal regarding their confidence in the company's future prospects.

Future Outlook

The restricted stock units vest in 364 days from the date of issuance, with vested shares delivered upon vesting.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's common for directors to receive stock options or restricted stock units as part of their compensation.

Comparison to Industry Standards

• Director compensation packages often include a mix of salary, stock options, and restricted stock units.
• The vesting schedule of 364 days is fairly standard for restricted stock units.
• Comparing Donnelly's holdings and transactions to those of directors at similar-sized regional banks (e.g., FNB Corporation, Northwest Bancshares) could provide further context.

Stakeholder Impact

• Shareholders may be interested in the trading activity of company insiders as an indicator of management's confidence in the company.

Key Dates

Keywords

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