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S&T BANCORP INC [STBA]

Reporting date: 02/23/2022

⚠️ Neutral Insider Sale Detected

📝 What Happened

  • Insider: MCCOMISH CHRISTOPHER J.
  • Role: Chief Executive Officer (Officer & Director)
  • Company: S&T BANCORP INC (STBA)
  • Transaction Date(s): 2022-02-23
  • Table I (Non-Derivative Securities)
    • Sale : 1,817
    • Average Sale Price: $30.81
    • Total Value: $55,981.77
    • Post-Transaction Direct Holdings: 4,675
    • Indirect Holdings: None reported
    • 10b5-1 Plan Used? No

📄 Summary

MCCOMISH CHRISTOPHER J., Chief Executive Officer at S&T BANCORP INC (STBA), sold 1,817 shares on February 23, 2022, at an average price of $30.81, realizing proceeds of about ~$55,981.77. After the transaction, he now holds 4,675 direct shares and 68,204 RSU‑underlying shares. For retail traders, this is a neutral-to-slightly-bearish event: modest CEO profit-taking, not a major divestiture.

🔑 Interpretation

  • Type: Discretionary (no 10b5-1 plan or other plan flagged; code indicates a disposition)
  • Disposition: Shares were sold/disposed (not retained) — proceeds realized at time of transaction
  • Size Context: The sale of 1,817 shares reduced direct holdings from ~6,492 to 4,675 (≈28% of pre-sale direct holdings), but is small relative to total economic exposure including RSUs (≈2.5% of combined holdings), consistent with routine profit-taking rather than a major exit.
  • ATH Metric: Using available historical price context (trade price $30.81) the sale appears to be in the mid-range of historical prices — not executed at an obvious all-time high or all-time low, so timing does not strongly suggest opportunistic selling against ATH/ATL extremes.
  • Outlier Check: Not unusually large for a CEO given the holder’s overall position and material RSU holdings; appears routine rather than exceptional.

📊 Bullish or Bearish?

Neutral → Slightly Bearish

Neutral-to-slightly-bearish. The filing reports a modest net sale by the CEO (code indicates disposition, no 10b5-1), likely routine profit-taking; transaction size is meaningful versus direct holdings but small relative to total economic exposure, and data completeness is adequate for this single event. Cluster activity cannot be determined from this filing alone.

✅ Bottom Line (Retail Takeaway)

This transaction looks like routine profit-taking rather than a definitive bearish signal. For retail traders, it’s noise — not a standalone trade trigger unless corroborated by significant sales from multiple senior insiders or changes in company fundamentals.