Eleni Willis - Nov 15, 2024 Form 4 Insider Report for Sterling Bancorp, Inc. (SBT)

Role: CHIEF RISK OFFICER
Signature: /s/ Eleni Willis by Elizabeth M. Keogh, attorney-in-fact
Stock symbol: SBT
Transactions as of: Nov 15, 2024
Transactions value $: -$1,839
Form type: 4
Date filed: 11/19/2024, 09:24 AM
Previous filing: Jun 25, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SBT	Common Stock	Tax liability	-$1.84K	-384	-0.59%	$4.79	65.1K	Nov 15, 2024	Direct	F1
holding	SBT	Common Stock						2.09K	Nov 15, 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	Includes an estimate of 2,093 shares of Common Stock allocable to the reporting person as of September 30, 2024. This has been calculated based on the number of unitized stock fund units held by the reporting person and the number of shares of the issuer's Common Stock within the unitized stock fund as of September 30, 2024. The estimate of shares of Common Stock allocable to the reporting person will change from time to time without the volition of the reporting person depending on the activity within the unitized stock fund including the amount of cash within the fund and administrative fees.

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.

Includes an estimate of 2,093 shares of Common Stock allocable to the reporting person as of September 30, 2024. This has been calculated based on the number of unitized stock fund units held by the reporting person and the number of shares of the issuer's Common Stock within the unitized stock fund as of September 30, 2024. The estimate of shares of Common Stock allocable to the reporting person will change from time to time without the volition of the reporting person depending on the activity within the unitized stock fund including the amount of cash within the fund and administrative fees.