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Sterling Bancorp (SBT) director Wolberg received 7,500 shares

ByQuantisnow·Wall Street's wire, on your screen.
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Insider transactions reported

Lyle M. Wolberg (director at Sterling Bancorp Inc., SBT) reported that they received 7,500 shares on Jan 1, 2024. After these transactions the filing shows 36,571 shares held directly.

Reporting person
Wolberg Lyle M.
Common stock and other non-derivative transactions
DateTypeSecuritySharesPriceValueHeld after
Jan 1, 2024Grant or award (A)Common Stock1+7,500--36,571 direct

Holdings before and after

  • Common Stock: 29,071 to 36,571 direct

Other positions listed

  • Common Stock: 1,000 indirect, By Trust

Footnotes from the filing

  1. 1. Represents award of restricted stock dated January 1, 2024 pursuant to the Sterling Bancorp, Inc. 2020 Omnibus Equity Incentive Plan ( Plan ). The shares of restricted stock will vest over a three-year period as follows: 2,475 shares on January 1, 2025, an additional 2,475 shares on January 1, 2026, and the remaining 2,550 shares on January 1, 2027 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.

Transaction codes in this filing

Grant or award:
Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.

FAQ

What did Wolberg report in this SBT Form 4?

Lyle M. Wolberg (director at Sterling Bancorp Inc., SBT) reported that they received 7,500 shares on Jan 1, 2024. After these transactions the filing shows 36,571 shares held directly.

How many SBT shares does Wolberg hold after this filing?

The filing shows 36,571 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.

What does transaction code A mean on an SEC Form 4?

Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.

Historical context for SBT

Earlier insider filings at SBT

Quantisnow market dataNASDAQ
Sterling Bancorp Inc. logo
SBT
Sterling Bancorp Inc.
Market cap
30-day
Sector
Finance
Industry
Savings Institutions
Listed since
2017
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