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

Role: CHIEF EXECUTIVE OFFICER
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.

Content

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.

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.