Company: STBA
Filing Date: 2025-03-31
Form Type: DEF 14A
Source: 0001193125-25-068253
Chunk: 38

Company: S&T BANCORP INC
Filing Date: 2025-03-31
Form: DEF 14A
Chunk 38
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 160,000 |     |       50,000 |     |   210,000 |
| Steven J. Weingarten(3)(6) |     |              — |     |            — |     |         — |

| (1) | The annual cash retainer was paid in May 2024 for service on the Board from May 14, 2024 through May 13, 2025. |

| (2) | The Board awarded 1,573 restricted units to each non-employee director on the Board on May 14, 2024, with such shares vesting in full on May 13, 2025. The fair market value of the units granted on May 14, 2024 was $31.80 per share calculated based on the closing value as of May 14, 2024. The values for unit awards in this column represent the grant date fair value of the restricted units granted in 2024, computed in accordance with FASB ASC Topic 718. Information about the assumptions used to value these awards can be found in Note 21 “Incentive and Restricted Stock Plan and Dividend Reinvestment Plan” in our Annual Report on Form 10-K for the year ended December 31, 2024. This column includes the value of these stock awards, all of which were issued under the 2021 Incentive Plan. |

| (3) | As of December 31, 2024, each director had unvested awards of 1,573 restricted units except for Mr. Gurt who joined in July 2024, and Mr. Weingarten who retired effective with the annual meeting in 2024. |

| (4) | Mr. Gurt joined the Board in July 2024 and, therefore, received a prorated cash retainer of $58,333 and a prorated restricted stock unit award of 957 restricted stock units at a closing value of $43.58, or $41,667, for his service on the Board from July 24, 2024 through May 13, 2025. The number of shares awarded was based on the closing price of S&T stock on July 24, 2024. |

| (5) | Mr. Ramachandran joined the Board in January 2024 and, therefore, he received a prorated cash retainer of $23,333 and a prorated restricted stock unit award of