Form 4: State Street Corp Executive Schaefer Sells Shares to Cover Tax Obligations

Elizabeth Schaefer, SVP and Chief Accounting Officer of State Street Corp, sold 233 shares of common stock on February 15, 2025, to cover tax withholding obligations related to vesting deferred stock.

Summary

• On February 15, 2025, Elizabeth Schaefer, the SVP, Chief Accounting Officer of State Street Corp, disposed of 233 shares of common stock.
• The transaction was executed to satisfy tax withholding obligations related to the vesting of previously awarded deferred stock.
• The shares were sold at a price of $99.16 per share.
• Following the transaction, Schaefer directly owns 6,215 shares of State Street Corp common stock.

Sentiment

Score: 5

Explanation: The document reflects a neutral event (tax obligation fulfillment) with no inherent positive or negative implications for the company's overall performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where executives sell shares to cover tax obligations.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.

Key Dates

Keywords

State Street Corp, Elizabeth Schaefer, Form 4, Insider Trading, Stock Sale, Tax Withholding, STT