Form 4: S&T Bancorp Director Peter G. Gurt Reports Acquisition of Restricted Stock Units

Director Peter G. Gurt reports acquisition of restricted stock units in S&T Bancorp, Inc.

Summary

• Peter G. Gurt, a director of S&T Bancorp INC [STBA], filed a Form 4 on May 15, 2025, reporting a transaction.
• The transaction involved the acquisition of 1,290 restricted stock units on May 13, 2025.
• These restricted stock units vest in 364 days from the date of issuance and will be delivered upon vesting.
• Gurt also disposed of 125 common stock shares.
• Following the reported transactions, Gurt beneficially owns 1,290 derivative securities and 957 common stock shares.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard regulatory filing reporting a transaction by a company director.

Future Outlook

Vested shares from the restricted stock units will be delivered to the reporting person upon separation from service, a pre-selected date, or sooner upon the occurrence of certain events, according to a pre-established deferral election.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.

Stakeholder Impact

• The acquisition of restricted stock units by a director can signal confidence in the company's future performance to shareholders.

Key Dates

Keywords

Form 4, S&T Bancorp, STBA, Director, Peter G. Gurt, Restricted Stock Units, Beneficial Ownership, Securities