Business Context and Reporting Period
This Form 8-K Current Report was filed by S&T Bancorp, Inc. on October 29, 2025. The filing reports a corporate governance event: the appointment of a new director to the Board of Directors and the Board of S&T Bank, effective immediately.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
The material change reported is the addition of Stephanie Nycum Doliveira to the Board of Directors. The Board determined she is independent under Nasdaq standards. Her committee assignments have not yet been determined.
Compensation and Management Commentary
Ms. Doliveira's compensation for service from October 29, 2025, through the 2026 annual shareholder meeting includes:
- Prorated cash retainer: $40,833
- Equity award (restricted stock units): $29,167
Management notes that Ms. Doliveira brings significant experience as the Executive Vice President of People & Culture at Sheetz, Inc., and previously served as a labor and employment attorney. There are no undisclosed arrangements regarding her appointment.
Investor Verification Checklist
- Verify the independence status of the new director against current Nasdaq listing standards.
- Confirm the specific committee assignments for Ms. Doliveira once determined by the Board.
- Review the attached press release (Exhibit 99.1) for additional context on the appointment.
- Check subsequent filings for the finalization of her full-year compensation package.