Thomas M. OBrien - Jan 2, 2024 Form 4 Insider Report for Sterling Bancorp, Inc. (SBT)

Signature
/s/ Thomas M. O'Brien by Elizabeth M. Keogh, attorney-in-fact
Stock symbol
SBT
Transactions as of
Jan 2, 2024
Transactions value $
-$205,728
Form type
4
Date filed
1/5/2024, 08:34 PM
Previous filing
Jun 23, 2023
Next filing
Jul 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBT Common Stock Tax liability -$206K -36.2K -5.42% $5.69 631K Jan 2, 2024 Direct F1
holding SBT Common Stock 4.79K Jan 2, 2024 401(k) Plan F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the withholding of shares of common stock by Sterling Bancorp, Inc. in satisfaction of tax withholding obligations in connection with the vesting of restricted stock previously granted to the reporting person.
F2 The reporting person holds units in the issuer's unitized stock fund in the Sterling Bank & Trust 401(k) Plan (the "401(k) Plan"), consisting primarily of the issuer's Common Stock and the remainder in cash or cash equivalents. The number of shares in this row is an estimate of the number of shares of the issuer's Common Stock held in the unitized stock fund and attributed to the reporting person as a 401(k) Plan participant.