Form 4: State Street Corp Director Sells $1.9 Million in Shares

Patrick de Saint-Aignan, a director at State Street Corporation, sold 19,745 shares of common stock at an average price of $98.24 on February 28, 2025.

Summary

• On February 28, 2025, Patrick de Saint-Aignan, a director of State Street Corporation, sold 19,745 shares of the company's common stock.
• The sale was executed at a weighted average price of $98.24 per share.
• The total value of the shares sold amounts to approximately $1.94 million.
• Following the transaction, de Saint-Aignan directly owns 11,955 shares of State Street Corporation.
• The reporting person has undertaken to provide full information regarding the number of shares sold at each separate price within the range of $98.00 to $98.41 upon request.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it simply reports a transaction. It doesn't indicate positive or negative performance for the company.

Industry Context

Sales by company directors are a normal part of corporate governance. It is important to consider the context of the sale, such as the director's overall holdings and any company-specific news that may be influencing the decision.

Comparison to Industry Standards

• It is difficult to compare this transaction to industry standards without knowing the director's total compensation package and equity holdings.
• Comparing the transaction to similar sales by directors at comparable financial institutions like JP Morgan Chase or Bank of America would provide more context.

Stakeholder Impact

• The sale could have a minor negative impact on shareholder sentiment, but is unlikely to have a significant impact given the size of the transaction relative to the company's market capitalization.

Key Dates