Form 4: State Street Corp Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Elizabeth Schaefer, SVP and Chief Accounting Officer of State Street Corp, sold shares to cover tax obligations related to vesting deferred stock.
Summary
- On May 15, 2025, Elizabeth Schaefer, SVP, Chief Accounting Officer of State Street Corp, disposed of 173 shares of common stock.
- The shares were sold at a price of $98.2.
- This transaction was to cover tax withholding obligations related to the vesting of previously awarded deferred stock.
- Following the transaction, Schaefer directly owns 7,181 shares of State Street Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an executive's stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: Elizabeth Schaefer disposed of 173 shares of common stock. |
| 05/19/2025 | Date of signature on the Form 4 filing. |
Keywords
State Street Corp, Elizabeth Schaefer, Form 4, Insider Trading, Stock Sale, Tax Obligations, Deferred Stock, STT
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