Karen Knott - Jun 24, 2024 Form 4 Insider Report for Sterling Bancorp, Inc. (SBT)

Role: EVP AND CFO
Signature: /s/ Karen Knott by Elizabeth M. Keogh, attorney-in-fact
Stock symbol: SBT
Transactions as of: Jun 24, 2024
Transactions value $: $225,001
Form type: 4
Date filed: 6/25/2024, 09:02 PM
Previous filing: May 21, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SBT	Common Stock	Award	$225K	+46.4K	+37.24%	$4.85	171K	Jun 24, 2024	Direct	F1
holding	SBT	Common Stock						4.49K	Jun 24, 2024	401(k) Plan

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

Explanation of Responses:

Id	Content
F1	Represents an award of restricted stock pursuant to the Sterling Bancorp, Inc. 2020 Omnibus Equity Incentive Plan (the "Plan"). The restricted stock will vest as follows: 15,309 shares on June 24, 2027, 15,309 shares on June 24, 2028, and 15,774 shares on June 24, 2029, 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 an award of restricted stock pursuant to the Sterling Bancorp, Inc. 2020 Omnibus Equity Incentive Plan (the "Plan"). The restricted stock will vest as follows: 15,309 shares on June 24, 2027, 15,309 shares on June 24, 2028, and 15,774 shares on June 24, 2029, 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.