Eboh Duke Okorie - Jan 1, 2024 Form 4 Insider Report for Sterling Bancorp, Inc. (SBT)

Role
Director
Signature
/s/ Eboh Duke Okorie 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, 06:36 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 +100% $0.00 15K Jan 1, 2024 Direct F1
* 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.