Form 4: State Street Corp Executive Elizabeth Schaefer Sells 500 Shares
SEC Form 4
Elizabeth Schaefer, SVP and Chief Accounting Officer of State Street Corp, sold 500 shares of common stock at $92.5 per share on October 17, 2024.
Summary
- On October 17, 2024, Elizabeth Schaefer, the SVP and Chief Accounting Officer of State Street Corporation, sold 500 shares of the company's common stock.
- The sale price was $92.5 per share.
- Following the transaction, Schaefer directly owns 6,640 shares of State Street Corporation.
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
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock. The sale could be for personal financial management reasons and may not necessarily reflect a negative outlook on the company.
Stakeholder Impact
- The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction.
Key Dates
| Date | Description |
|---|---|
| 10/17/2024 | Date of transaction: Elizabeth Schaefer sold 500 shares of State Street Corp common stock. |
| 10/18/2024 | Date of signature of the Form 4 filing. |
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