Thomas M. OBrien - 14 Feb 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
Issuer symbol: SBT
Transactions as of: 14 Feb 2025
Transactions value $: $-50,406
Form type: 4
Filing time: 18 Feb 2025, 19:33:11 UTC
Previous filing: 03 Jan 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	$1,200,000	+300,000	+54.6%	$4.00	849,333	14 Feb 2025	Direct
transaction	SBT	Common Stock	Tax liability	$-1,200,002	-255,864	-30.1%	$4.69	593,469	14 Feb 2025	Direct
transaction	SBT	Common Stock	Tax liability	$-50,403	-10,747	-1.81%	$4.69	582,722	14 Feb 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	-300,000	-100%	$0.000000	0	14 Feb 2025	Common Stock	300,000	$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.