Form 4: S&T Bancorp Director William J. Hieb Reports Stock Transactions
SEC Form 4 Filing
Director William J. Hieb reports acquisition and conversion of restricted stock units into S&T Bancorp common stock.
Summary
- On May 13, 2025, William J. Hieb, a director of S&T Bancorp Inc., reported transactions involving the company's stock.
- Hieb acquired 1,573 shares of common stock through the conversion of restricted stock units at a price of $38.76.
- Following the transaction, Hieb directly owns 33,343.347 shares of S&T Bancorp common stock.
- Additionally, Hieb acquired 1,290 Director Restricted Stock Units.
- These restricted stock units vest in 364 days from the date of issuance and will be delivered upon vesting.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports required insider trading information without indicating positive or negative performance.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates transactions by a director of S&T Bancorp, providing insight into their investment activities within the company.
Stakeholder Impact
- The transactions reported may provide stakeholders with insights into the director's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of stock transaction and grant of restricted stock units. |
| 05/15/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, S&T Bancorp, Director, Stock Transaction, Restricted Stock Units, STBA, Beneficial Ownership
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