Company: STBA
Filing Date: 2025-03-31
Form Type: DEF 14A
Source: 0001193125-25-068253
Chunk: 45

Company: S&T BANCORP INC
Filing Date: 2025-03-31
Form: DEF 14A
Chunk 45
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 attract and retain top talent and allow for succession planning.                                                                                                                                                                                                                       |     |                                                                                                                                                                                                                                                                                                                                                                                                                           |
| ☑          |     | Ensure sound risk management and effective controls.                                                                                                                                                                                                                                                                                     |     |                                                                                                                                                                                                                                                                                                                                                                                                                           |
| ☑          |     | Per SEC requirement, subject all payments to claw-back provisions that allow S&T to cancel or recoup any bonus, retention award or incentive compensation paid or required to be paid to our NEOs if the payment was based on materially inaccurate financial statements or any other materially inaccurate performance metric criteria. |     |                                                                                                                                                                                                                                                                                                                                                                                                                           |
| ☑          |     | Maintain robust stock ownership policy that require our NEOs to own Common Stock with a fair market value equal to 5X base salary for the CEO, 3x base salary for the President and CFO, and 2X base salary for our other NEOs.(1)                                                                                                       |     |                                                                                                                                                                                                                                                                                                                                                                                                                           |

| (1) | In 2024, we implemented an employee stock ownership policy to increase the multiple of salary for holdings within a specific timeline for NEO’s as: Tier 1, 5x; Tier 2, 3x; Tier 3, 2x. The stock ownership levels described are to be attained at the earlier of April 24, 2029, or 5 years after the impacted employee attains the relevant Tier status. As of December 31, 2024, Messrs. Antolik, Drahnak and Kochvar and Ms. Yesho meet the ownership guidelines. Mr. McComish was hired effective August 23, 2021, and has not yet acquired the 5X ownership, however, his required ownership holding is not effective until August 23, 2026. Our policy limits the ability of the NEOs to liquidate only the number of the vesting restricted shares of Common Stock sufficient for paying current tax liabilities on the vesting shares, until the officer achieves the stock ownership guidelines. |

34| S&T Bancorp, Inc.| 2025 Proxy Statement

Compensation Discussion and Analysis Compensation Approval Process Our Compensation Committee engages with management and an independent compensation consultant as a part of its processes – the role of each and the overall compensation approval process are described in greater detail below.

| Compensation Committee Role             |     | Executive compensation decisions are made by the Compensation Committee, whose members are all independent, non-employee directors under the NASDAQ listing standards. The Compensation Committee operates under a written charter