Company: STBA
Filing Date: 2025-03-31
Form Type: DEF 14A
Source: 0001193125-25-068253
Chunk: 51

Company: S&T BANCORP INC
Filing Date: 2025-03-31
Form: DEF 14A
Chunk 51
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 over three years after the grant date. The 2024 LTIP contains the same Shareholder Protection Feature for all awards and the Minimum Gateway Requirement for the performance-based restricted shares as described earlier for the 2024 MIP. The Compensation Committee believes that these features, coupled with the restricted stock and claw-back requirements, provide for substantial protection against excessive or unnecessary risk-taking by any plan participant. 2024 Long-Term Incentive Awards Effective April 1, 2024, the Compensation Committee awarded the NEOs equity denominated long-term incentive awards of restricted stock units (“RSUs”) under the 2024 LTIP. Grants were made at a grant price equal to $30.98 per share, which was the average of the high and low price of S&T Common Stock for the nine trading days ending on the grant date. Each NEO’s target award consists of the following: 40| S&T Bancorp, Inc.| 2025 Proxy Statement

Compensation Discussion and Analysis Time-based units vest in equal amounts on each anniversary of their grant date over three years. Performance-based units (“PRSUs”) may be earned over a three-year period based on the Company’s Return on Average Equity (“ROAE”) and Total Shareholder Return (“TSR”) performance relative to the Performance Peer Group (defined in “Use of Competitive Data” on page 36), as described in more detail below. The following awards were granted under the 2024 LTIP to the NEOs:

| Named Executive Officer |     | Value of  
 2024 LTIP 
 Award ($) |     |         |     | Number of  
 Time-Based 
 Units      |     |        |     | Number of         
 Performance-Based 
 Units             |     |        |
| Christopher J. McComish |     |           |     | 794,699 |     |            |     | 12,460 |     |                   |     | 12,460 |
| Mark Kochvar            |     |           |     | 228,524 |     |            |     |  3,583 |     |                   |     |  3,583 |
| David G. Antolik        |     |           |     | 260,446 |     |            |     |  4,084 |     |                   |     |  4,083 |
| Stephen A. Drahnak      |     |           |     | 146,184 |     |            |     |  2,292 |