Thomas M. OBrien - Feb 14, 2025 Form 4 Insider Report for Sterling Bancorp, Inc. (SBT)

Role
CHIEF EXECUTIVE OFFICER, Director
Signature
/s/ Thomas M. O'Brien by Elizabeth M. Keogh, attorney-in-fact
Stock symbol
SBT
Transactions as of
Feb 14, 2025
Transactions value $
-$50,406
Form type
4
Date filed
2/18/2025, 07:33 PM
Previous filing
Jan 3, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBT Common Stock Options Exercise $1.2M +300K +54.61% $4.00 849K Feb 14, 2025 Direct
transaction SBT Common Stock Tax liability -$1.2M -256K -30.13% $4.69 593K Feb 14, 2025 Direct
transaction SBT Common Stock Tax liability -$50.4K -10.7K -1.81% $4.69 583K Feb 14, 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SBT Stock Option (right to buy) Options Exercise $0 -300K -100% $0.00 0 Feb 14, 2025 Common Stock 300K $4.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vested at the rate of one-third on January 1, 2021, one-third on the first anniversary of the date of grant, and one-third on January 1, 2022.