Form 4: S&T Bancorp Director Peter Richard Barsz Reports Acquisition of Restricted Stock Units

Director Peter Richard Barsz reports acquisition of S&T Bancorp restricted stock units.

Summary

• Peter Richard Barsz, a director of S&T Bancorp Inc., filed a Form 4 on May 15, 2025, reporting changes in beneficial ownership.
• The report indicates the acquisition of 1,290 Director Restricted Stock Units on May 13, 2025.
• These restricted stock units represent a contingent right to receive one share of S&T Bancorp, Inc. common stock each.
• Mr. Barsz directly owns 8,995.797 shares of S&T Bancorp common stock.
• The restricted stock units vest in 364 days from the date of issuance, with vested shares to be delivered upon vesting or separation from service based on a pre-established deferral election.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard disclosure of stock unit acquisition. The acquisition itself can be seen as a slightly positive sign, but it's not a major event.

Positives

• The acquisition of restricted stock units by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The vesting of restricted stock units is contingent on continued service and other pre-established conditions.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The acquisition of restricted stock units by a director can positively influence shareholder confidence.

Key Dates

Keywords

S&T Bancorp, Director, Restricted Stock Units, Beneficial Ownership, Form 4, STBA, Peter Richard Barsz