Form 4: State Street Corp Director Portalatin Receives Annual Stock Award
SEC Form 4 Filing
Director Julio A Portalatin of State Street Corp received an annual stock award and reports changes in beneficial ownership.
Summary
- Julio A Portalatin, a director of State Street Corp, reported a transaction on May 14, 2025.
- The transaction involved the acquisition of 2,406 shares of common stock as part of the director's annual stock award.
- The reporting person's holdings after the reported transaction is 13,795 shares.
- The report also includes stock compensation dividend equivalents acquired through the date of the report.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices and aligns director interests with shareholders.
Positives
- The acquisition of shares through a stock award aligns the director's interests with those of the shareholders.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices for board members.
Stakeholder Impact
- The stock award aligns the director's interests with those of the shareholders, potentially encouraging decisions that benefit the company's long-term value.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Date of transaction: Director's annual stock award. |
| 05/16/2025 | Date of signature for the report. |
Keywords
Form 4, State Street Corp, Director, Stock Award, Beneficial Ownership, STT
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