Last updated: 30 May 2024 at 8:52am EST

Frank Palermo Net Worth




The estimated Net Worth of Frank J Jr Palermo is at least $264 Thousand dollars as of 29 May 2024. Mr. Palermo owns over 35 units of S & T stock worth over $133,489 and over the last 12 years he sold STBA stock worth over $0. In addition, he makes $130,603 as Independent Director at S & T.

Mr. Palermo STBA stock SEC Form 4 insiders trading

Frank has made over 6 trades of the S & T stock since 2016, according to the Form 4 filled with the SEC. Most recently he bought 35 units of STBA stock worth $1,093 on 29 May 2024.

The largest trade he's ever made was exercising 1,905 units of S & T stock on 14 May 2024 worth over $60,579. On average, Frank trades about 257 units every 179 days since 2013. As of 29 May 2024 he still owns at least 3,263 units of S & T stock.

You can see the complete history of Mr. Palermo stock trades at the bottom of the page.





Frank Palermo biography

Frank J. Palermo Jr. serves as Independent Director of the Company. Mr. Palermo is a Certified Public Accountant and a Certified Valuation Analyst, and has been the managing shareholder of Palermo/Kissinger & Associates, P.C., an accounting firm, since 1983. Mr. Palermo played an integral role in forming Gateway Bank of Pennsylvania (“Gateway”), where he served as chairman of the audit committee from its inception in 2004 through the date S&T acquired Gateway in 2012. Mr. Palermo’s career also includes 40 years in public accounting and four years as a vice president and controller at a community bank. Mr. Palermo’s background in accounting and finance, as well as his prior bank audit committee experience, bring a valuable perspective to the S&T Board both with respect to accounting, financial and strategic aspects of S&T’s business and to the Audit Committee on which he serves as “audit committee financial expert.” Mr. Palermo’s extensive board experience qualifies him to serve on the S&T Board.

What is the salary of Frank Palermo?

As the Independent Director of S & T, the total compensation of Frank Palermo at S & T is $130,603. There are 11 executives at S & T getting paid more, with Todd Brice having the highest compensation of $2,024,100.



How old is Frank Palermo?

Frank Palermo is 67, he's been the Independent Director of S & T since 2013. There are 1 older and 28 younger executives at S & T. The oldest executive at S & T Bancorp, Inc. is James Miller, 74, who is the Independent Director.

What's Frank Palermo's mailing address?

Frank's mailing address filed with the SEC is S&T Bank, 800, Philadelphia Street, Indiana, Indiana County, Pennsylvania, 15701, United States.

Insiders trading at S & T

Over the last 22 years, insiders at S & T have traded over $36,661,470 worth of S & T stock and bought 114,799 units worth $2,985,996 . The most active insiders traders include James Thomas Gibson, Gregor T Iv Young, and James C Miller. On average, S & T executives and independent directors trade stock every 22 days with the average trade being worth of $239,692. The most recent stock trade was executed by James Arvo Michie on 14 June 2024, trading 1,650 units of STBA stock currently worth $49,599.



What does S & T do?

headquartered in indiana, pa, s&t bancorp, inc. operates offices within allegheny, armstrong, blair, butler, cambria, centre, clarion, clearfield, indiana, jefferson, washington and westmoreland counties as well as loan production offices in northeast and central ohio. with assets of $4.7 billion, s&t bancorp, inc. stock trades on the nasdaq global select market under the symbol stba. our mission is to build relationships with our customers based on mutual confidence, trust and performance. we believe in establishing partnerships with a focus on longevity through strong customer service. s&t bank was founded in 1902 as “savings & trust company of indiana” with a single location in indiana, pennsylvania. we now provide a full range of financial services to families and businesses throughout the region and are a member of the fdic. we strive to serve our customers as a trusted resource, a community asset, a family advisor, a financial anchor and a source of civic pride. we recogniz



What does S & T's logo look like?

S & T Bancorp, Inc. logo

Complete history of Mr. Palermo stock trades at S & T

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
29 May 2024 Frank J Jr Palermo
Director
Buy 35 $31.22 $1,093
29 May 2024
3,263
14 May 2024 Frank J Jr Palermo
Director
Option 1,905 $31.80 $60,579
14 May 2024
23,143
15 May 2023 Frank J Jr Palermo
Director
Option 1,832 $26.43 $48,420
15 May 2023
21,238
14 May 2020 Frank J Jr Palermo
Director
Buy 100 $20.50 $2,050
14 May 2020
16,160
9 Mar 2020 Frank J Jr Palermo
Director
Buy 300 $28.98 $8,694
9 Mar 2020
16,060
27 Jan 2016 Frank J Jr Palermo
Director
Buy 200 $26.27 $5,254
27 Jan 2016
13,456


S & T executives and stock owners

S & T executives and other stock owners filed with the SEC include: