8-K
S&T BANCORP INC (STBA)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
January 23, 2024
Date of Report (date of earliest event reported)
S&T BANCORP, INC
(Exact name of registrant as specified in its charter)
| Pennsylvania | 0-12508 | 25-1434426 | |
|---|---|---|---|
| (State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) | |
| 800 Philadelphia Street | Indiana | PA | 15701 |
| (Address of Principal Executive Offices) | (Zip Code) |
(800) 325-2265
Registrant's telephone number, including area code
(Not applicable)
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Common Stock, $2.50 par value | STBA | NASDAQ Global Select Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On January 23, 2024, Steven J. Weingarten, a director of S&T Bancorp, Inc. ("S&T"), notified S&T of his intent to retire from the Board of Directors upon the expiration of his term immediately following S&T's 2024 annual shareholders meeting. Mr. Weingarten did not advise S&T of any disagreement with S&T on any matter relating to its operations, policies or practices. A copy of the press release dated January 29, 2024 announcing Mr. Weingarten's retirement is furnished herewith as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description of Exhibit |
|---|---|
| 99.1 | Press Release |
| 104 | Cover Page Interactive Data File (embedded in the cover page formatted in Inline XBRL) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed by the undersigned thereunto duly authorized.
| S&T Bancorp, Inc. | |
|---|---|
| /s/ Mark Kochvar | |
| January 29, 2024 | Mark Kochvar<br>Senior Executive Vice President,<br>Chief Financial Officer |
Document
| MEDIA CONTACT:<br><br>Amy Toth<br><br>S&T Bancorp, Inc.<br><br>Director of Corporate Communications<br><br>724.618.5689<br><br>amy.toth@stbank.com |
|---|
FOR IMMEDIATE RELEASE
S&T Bancorp Announces Retirement of Steven J. Weingarten From Board of Directors
INDIANA, Pa. - January 29, 2024 - S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank, announced today that Steven J. Weingarten, 65, has decided to retire from the board of directors and will not stand for re-election at the company’s 2024 Annual Meeting of Shareholders in May.
“Steve has provided invaluable insights and guidance during his nine years on S&T’s board of directors, serving on numerous committees,” said Christine Toretti, chair of the S&T board of directors. “His legal expertise has played an important role in helping S&T enhance many governance practices, which will also serve to guide our future.”
Weingarten served as a managing partner of McNees, Wallace and Nurick from 2002 to 2006. He previously served on the board of Integrity Bancshares Inc. from 2003 until it was acquired by S&T in March 2015. Weingarten retired from practicing law in April 2019.
“We thank Steve for his service and valued counsel,” said Chris McComish, chief executive officer. “His enthusiasm and dedication to S&T will be missed.”
About S&T Bancorp, Inc. and S&T Bank
S&T Bancorp, Inc. is an $9.6 billion bank holding company that is headquartered in Indiana, Pennsylvania and trades on the NASDAQ Global Select Market under the symbol STBA. Its principal subsidiary, S&T Bank, was established in 1902 and operates in Pennsylvania and Ohio. S&T Bank was recently named by Forbes as a 2023 Best-in-State Bank. For more information visit stbancorp.com or stbank.com. Follow us on Facebook, Instagram and LinkedIn.