Form 4: State Street Director William C. Freda Reports Stock Award

Director William C. Freda of State Street Corporation reports acquisition of 2,514 shares of common stock as a director's stock award.

Summary

• William C. Freda, a director of State Street Corporation, reported a transaction on May 15, 2024.
• Freda acquired 2,514 shares of common stock as a director's stock award.
• The acquisition price was $0 per share.
• Following the transaction, Freda beneficially owns 29,636 shares of State Street Corporation common stock, which includes stock compensation dividend equivalents.
• The report was filed on May 17, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock award, which is neutral in sentiment.

Positives

• The acquisition of shares reflects continued alignment of the director's interests with the company's performance.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers. These filings help investors understand the buying and selling activity of those with privileged information about the company.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director compensation and ownership.

Key Dates