0001104659-23-087854.txt : 20230804 0001104659-23-087854.hdr.sgml : 20230804 20230804161813 ACCESSION NUMBER: 0001104659-23-087854 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230606 FILED AS OF DATE: 20230804 DATE AS OF CHANGE: 20230804 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kimmel Colleen CENTRAL INDEX KEY: 0001826525 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38290 FILM NUMBER: 231144267 MAIL ADDRESS: STREET 1: ONE TOWNE SQUARE STREET 2: SUITE 1900 CITY: SOUTHFIELD STATE: MI ZIP: 48076 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Sterling Bancorp, Inc. CENTRAL INDEX KEY: 0001680379 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 382424834 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: ONE TOWNE SQUARE STREET 2: SUITE 1900 CITY: SOUTHFIELD STATE: MI ZIP: 48076 BUSINESS PHONE: 248-351-3495 MAIL ADDRESS: STREET 1: ONE TOWNE SQUARE STREET 2: SUITE 1900 CITY: SOUTHFIELD STATE: MI ZIP: 48076 4 1 tm2322933-3_4seq1.xml OWNERSHIP DOCUMENT X0508 4 2023-06-06 0 0001680379 Sterling Bancorp, Inc. SBT 0001826525 Kimmel Colleen C/O STERLING BANCORP, INC. ONE TOWNE SQUARE, SUITE 1900 SOUTHFIELD MI 48076 0 0 0 1 FORMER OFFICER 0 Common Stock 2023-06-16 4 D 0 16710 0.00 D 23009 D Common Stock 2023-08-02 4 J 0 308 5.90 A 23317 D Common Stock 4788 I 401(k) Plan Represents the forfeiture of unvested restricted stock awards in connection with the Reporting Person's resignation from all positions at Sterling Bancorp, Inc. and Sterling Bank and Trust, F.S.B., effective June 16, 2023, pursuant to the Sterling Bancorp, Inc. 2020 Omnibus Equity Incentive Plan. Due to a calculation error, the Company became aware that it withheld too many shares for the Reporting Person in satisfaction of tax withholding obligations in connection with the vesting of restricted stock previously granted to the Reporting Person. The shares reported here were issued to the Reporting Person to correct this error. The reporting person holds units in the issuer's unitized stock fund in the Sterling Bank & Trust 401(k) Plan (the "401(k) Plan"), consisting primarily of the issuer's Common Stock and the remainder in cash or cash equivalents. The number of shares in this row is an estimate of the number of shares of the issuer's Common Stock held in the unitized stock fund and attributed to the reporting person as a 401(k) Plan participant. /s/ Colleen Kimmel by Karen Knott, attorney-in-fact 2023-08-04