Form 4: State Street Corp Executive Yie-Hsin Hung Reports Acquisition of Common Stock

Sentiment:

SEC Form 4 Filing


Yie-Hsin Hung, EVP; President and CEO of SSGA at State Street Corp, reports acquiring 26,809 shares of common stock on February 28, 2025.

Summary

  • On February 28, 2025, Yie-Hsin Hung, an executive at State Street Corporation, acquired 26,809 shares of common stock.
  • The shares were acquired at a price of $0.
  • Following the transaction, Hung directly owns 92,924 shares of State Street Corporation common stock.
  • The acquisition was made under the State Street Corporation Amended and Restated 2017 Stock Incentive Plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard reporting of stock acquisition. The acquisition itself could be seen as slightly positive, but the filing is simply a procedural requirement.

Positives

  • An executive increasing their holdings in the company can be seen as a positive signal.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which is important for investor confidence and regulatory oversight.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding executive stock ownership.

Key Dates

DateDescription
02/28/2025Date of transaction: Acquisition of common stock.
03/04/2025Date of signature for the report.

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