Form 4: State Street Director John B. Rhea Acquires Shares as Part of Stock Award
SEC Form 4 Filing
Director John B. Rhea acquired 4,062 shares of State Street Corp common stock on May 15, 2024, as part of a director's stock award and retainers.
Summary
- On May 15, 2024, John B. Rhea, a director of State Street Corp, acquired 4,062 shares of common stock.
- The acquisition was part of a director's stock award and retainers.
- The price per share was $0.
- Following the transaction, Rhea directly owns 17,967 shares of State Street Corp.
- This amount includes director's stock compensation dividend equivalents acquired through the date of this report.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine transaction related to director compensation.
Positives
- The director's acquisition of shares demonstrates confidence in the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's acquisition of shares as part of their compensation.
Stakeholder Impact
- The acquisition of shares by a director can be viewed positively by shareholders as it aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: John B. Rhea acquired 4,062 shares of State Street Corp common stock. |
| 05/17/2024 | Date of signature: Shannon C. Stanley, Attorney-in-fact, signed the report. |
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