Lyle M. Wolberg - Jan 1, 2024 Form 4 Insider Report for Sterling Bancorp, Inc. (SBT)

Role: Director
Signature: /s/ Lyle M. Wolberg by Elizabeth M. Keogh, attorney-in-fact
Stock symbol: SBT
Transactions as of: Jan 1, 2024
Transactions value $: $0
Form type: 4
Date filed: 1/5/2024, 06:32 PM
Previous filing: Jan 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SBT	Common Stock	Award	$0	+7.5K	+25.8%	$0.00	36.6K	Jan 1, 2024	Direct	F1
holding	SBT	Common Stock						1K	Jan 1, 2024	By Trust

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents award of restricted stock dated January 1, 2024 pursuant to the Sterling Bancorp, Inc. 2020 Omnibus Equity Incentive Plan ("Plan"). The shares of restricted stock will vest over a three-year period as follows: 2,475 shares on January 1, 2025, an additional 2,475 shares on January 1, 2026, and the remaining 2,550 shares on January 1, 2027 subject to continued Service on each such date, or, if earlier, upon death or Disability or a Change of Control, all as specified in the Plan.

Content

Represents award of restricted stock dated January 1, 2024 pursuant to the Sterling Bancorp, Inc. 2020 Omnibus Equity Incentive Plan ("Plan"). The shares of restricted stock will vest over a three-year period as follows: 2,475 shares on January 1, 2025, an additional 2,475 shares on January 1, 2026, and the remaining 2,550 shares on January 1, 2027 subject to continued Service on each such date, or, if earlier, upon death or Disability or a Change of Control, all as specified in the Plan.